ATLANTA, Georgia: This week, United Parcel Service (UPS) said due to a new five-year contract covering some 340,000 Teamsters-represented workers in the U.S., wages and benefit costs will increase by a 3.3 percent compound annual growth rate over the life of the agreement. UPS Chief Financial Officer Brian Newman said…Read More
UPS says new contract with Teamsters could hike costs by 500 million
