September 29, 2007: United Parcel Service Inc. and the Teamsters union are closing in on a labor agreement that would restructure and possibly lower the company's pension obligations.
The two sides are trying this weekend to finish hammering out a deal in which the Atlanta package-delivery giant would pull out of the Central States Pension Fund, the largest multiemployer program in the trucking industry.
The O’Brien Zuckerman Teamsters United slate was elected today as our International Union leadership for the next five years. Congratulations to Sean O’Brien, Fred Zuckerman and the entire OZ Teamsters United team.
Nominated candidates must receive five percent of the vote from Convention Delegates to appear on the ballot in a one-member, one vote election. Only candidates from the OZ Teamsters United Slate met that threshold.
UPS Teamsters who have completed progression will get a raise of $1.22 on August 1, including a 22 cent-cost of living increase (COLA).
