pension_and_benefits
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UPS reported record-shattering $24.9 billion in fourth-quarter revenue and $7.8 billion in operating profits after taxes for the year. The corporate windfall makes the givebacks imposed by Hoffa & Co. in the 2018 contract an even more bitter pill to swallow than it was already.
Nearly 15,000 Teamsters are concerned for their future, now that UPS has sold off its LTL and trucking operation to TFI International. The International Union was caught by surprise by the move, and hastily held a conference call of local officers to give some answers.