UPS is in the midst of a $3.5 billion cost-reduction effort and is offering union drivers a financial package to leave ...

At its current levels, UPS stock is already trading at 17x forward EPS estimate of $11.65 for 2023, compared to the last three-year average of 15x, implying that the stock is fully valued.

Under the current contract, part-time workers at UPS start at $15.50 an hour. (However, under a recent executive order addressing federal contractors, UPS must pay at least $16.20.) ...

The new agreement eliminates a widely criticized two-tiered wage system and institutes raises across UPS’ workforce. Current full- and part-time union workers are guaranteed a $2.75 hourly pay ...

Teamsters members at Sandy Springs-based UPS have voted in favor of authorizing a strike in the event that ongoing negotiations fail to reach an agreement. The vote was 97% in favor, according to ...

A strike from UPS workers would be the largest single-employer strike in U.S. history. The union has been in negotiations with the package carrier since April 17. Skip Navigation ...

UPS and the union, the International Brotherhood of Teamsters, have made some progress in negotiations - including heat safety, like mandating air conditioning in trucks and sorting facilities, ...

The current UPS Teamsters collective bargaining agreement – which is the largest private sector CBA in North America – is set to expire on July 31, and union members were poised to begin a ...

Unionized UPS workers voted overwhelmingly on Friday, June 16, to authorize a strike, setting the stage for a potential work stoppage if the package delivery company and Teamsters can’t come to ...

If an investor was to purchase shares of UPS stock at the current price level of $172.02/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock ...

This is the UPS logo on the side of a delivery truck in Mount Lebanon, Pa., on Tuesday, Sept. 21, 2021. Author: Melissa Hernandez De La Cruz, Megan Divers Published: 4:18 PM CDT June 28, 2023 ...