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A United Parcel Service (UPS) driver pushes a cart of packages into a delivery truck on a New York street.
Victor J. Blue | bloomberg | Getty Images
UPS The union representing more than 300,000 workers at the carrier reached a preliminary labor agreement, narrowly avoiding a strike that was due to begin in the coming days if the two sides failed to reach an agreement.
UPS CEO Carol Twomey: “Together, we have reached a win-win agreement on issues important to Teamsters leadership, our employees, UPS, and our customers.” “This agreement continues to reward full- and part-time UPS employees with industry-leading wages and benefits while retaining the flexibility we need to stay competitive, serve our customers, and keep our business strong.”
The initial agreement still faces ratification by the workers.
This is breaking news. . Please check back for updates
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