YRC Watching Teamsters' Negotiations with UPS

July 9, 2007: By Randolph Heaster:The Teamsters union has begun contract talks with UPS that could affect the direction of future negotiations with YRC Worldwide Inc. and other unionized trucking companies.

Although the current contract with the parcel giant does not expire until the end of July 2008, bargaining has already begun in hopes of obtaining a new agreement early.

One issue that UPS has put on the table is pension benefits for the company’s 238,000 union workers. According to recent trade industry reports, UPS is seeking to exit the plan with a lump-sum payment of nearly $4 billion. The company proposes to then form a joint Teamsters-UPS pension plan for future workers.

Read More...


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

Contract Unity Time

National UPS contract negotiations will be held from June 18-21. While the company is at the bargaining table, we’ll be building Teamster contract unity and sending the company a message. You can help. 

Following Strike Vote, UPS Workers Rally Nationwide To Make UPS Deliver in Contract Talks

UPS workers are organizing grassroots contract unity actions to demand that UPS deliver a fair contract or face a contract rejection and possible strike by more than 260,000 employees.

View More News Posts