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Traffic World: UPS, Pension Fund Set Withdrawal Terms

August 03, 2007
August 3, 2007: by Thomas L. Gallagher, for Traffic World: UPS reached an agreement in principle with the Central States Pension Fund establishing conditions for a potential UPS withdrawal from the multi-employer pension plan. The controversial decision to remove 42,000 workers covered under the plan would set the stage for establishing a jointly administered Teamster pension plan for UPS employees. Such an agreement must first gain acceptance by the Teamsters National United Parcel Service Negotiating...

BNA Daily Labor Report: UPS to Extend Spousal Health Benefits To IBT Workers in New Jersey Civil Unions

July 31, 2007
July 30, 2007: Under pressure from gay rights groups and New Jersey Governor Jon Corzine, UPS announced that it will offer spousal health and other benefits to union-represented workers in New Jersey who are in civil unions. The policy change comes after UPS was criticized for excluding International Brotherhood of Teamsters-represented employees from receiving spousal health care benefits for their civil union partners. The Atlanta-based package delivery company initially had denied spousal benefits for these...

America's Victory: The 1997 UPS Strike

July 27, 2007
July 27, 2007: Watch the video that shows how our union won 10,000 full-time jobs, record pension increases and labor’s biggest victory in decades. Next month, we will celebrate the 10-Year Anniversary of the 1997 UPS Contract Victory—labor’s biggest win in 25 years. “America’s Victory: the 1997 UPS Strike” reveals the keys to our union’s success—and the strategies we need to put in place to win today. Mobilizing Members: Our union’s year-long contract mobilization united...

UPS Pressroom: UPS Generates Solid 2nd Quarter Results

July 27, 2007
UPS released its second quarter results today. The company reported a 7.2% increase in earnings per share, and 10.5% jump in LTL revenue. To read the UPS press release, click here.

Would $4 Billion from UPS Fix Central States?

July 18, 2007
July 18, 2007: Some defenders of management’s pension proposal claim that a $4 billion withdrawal liability payment from UPS would fix Central States and safeguard members’ benefits. Unfortunately, that’s just not true. Find out why at www.MakeUPSDeliver.org
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