Wall Street Journal: UPS, Teamsters Near Pension Deal

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.

Read more in the Wall Street Journal

Get Advice Join TDU Donate

Recent News

Teamsters, Justice Department Ask Court to Sunset Federal Oversight

The IBT and the Department of Justice have filed a joint motion in court to ask for approval on a plan to sunset federal oversight of the Teamsters. What does this mean for the future of anti-corruption efforts and International elections in our union?

Amazon Ordered to Bargain with Teamsters in California

An administrative law judge has ordered Amazon to recognize and bargain with Teamsters at the DCK6 delivery warehouse in San Francisco after finding the company violated federal labor law by refusing to recognize the union.

View More News Posts