UPS Says New Contract with Teamsters to Increase Cost at 3.3%
Wednesday, September 13th, 2023
United Parcel Service said on Monday its new five-year contract covering some 340,000 Teamsters-represented workers in the United States would increase cost at a 3.3% compound annual growth rate in wage and benefits over the life of the agreement. The new contract expires on July 31, 2028, the Atlanta-based company said. (Reporting by Kannaki Deka in Bengaluru; Editing by Sriraj Kalluvila)
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