UPS and the International Brotherhood of Teamster (IBT) announced that UPS Freight employees have ratified the company’s last labor agreement.
“It is an agreement that rewards our employees for their contributions to the success of the company, while enabling UPS to remain competitive. We will resume normal operations and will immediately begin accepting new volume from UPS Freight customers.”
Leading up to last weekend’s vote, it seemed the proposed national labor agreement was in trouble as UPS made a Last, Best, and Final contract offer that was not endorsed by the negotiating team.
However, the union decided to put up the contract for a vote by members so they could make the final decision on their future.
Even UPS did not appear optimistic about this offer being ratified by union members as the company stopped accepting freight earlier in the month.
With this contract ratified and earlier contract for the UPS parcel division ratified, it seems UPS has dodged a bullet going into the holiday season.
UPS customers can now breathe a little easier that there will not be a disruption of service at UPS due to labor issues.
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