Art Wheaton, Director of Labor Relations at Cornell University ILR School, spoke with Yahoo Finance Live anchors Akiko Fujita and Brad Smith about what is driving the number of labor strikes this summ
The logistics powerhouse agreed to a tentative labor deal. The Teamsters' high praise for the arrangement, plus its negotiating committee's overwhelming vote in favor of it, indicate it might have com
The tentative labor deal announced Tuesday between United Parcel Service and the Teamsters union is a win for the company, its workers and the economy, but not necessarily the stock, analysts say.
The deal between UPS and the union, which represents 330,000 of its U.S. workers averts a possible strike Aug. 1, when the current agreement between the two parties expires.
CNBC's Frank Holland joins 'Halftime Report' to discuss the tentative deal between UPS and the Teamsters, pay protocols outlined in the tentative contract and the impact of a union deal on UPS' share

UPS Reaches Tentative Deal With Teamsters

01:16pm, Tuesday, 25'th Jul 2023
United Parcel Service Inc. reached a tentative agreement to renew a five-year labor contract with the Teamsters ahead of the July 31 deadline, giving relief to stressed shippers and removing a share-
CNBC's Frank Holland reports on the latest news from UPS.

UPS, Teamsters Reach Agreement on New Contract

12:45pm, Tuesday, 25'th Jul 2023
The five-year labor deal would prevent strike by roughly 330,000 package delivery drivers and package sorters.
The company said the five-year agreement covers US Teamsters-represented employees in small-package roles and is subject to voting and ratification by union members.
Package-delivery giant United Parcel Service Inc. and the Teamsters union on Tuesday said they had reached a tentative five-year labor agreement that would boost jobs, pay and other protections, after
UPS and the Teamsters have reached a tentative deal on a new contract. That could potentially avoid a strike, which could have started as soon as next week and crippled US supply chains.
UPS and the Teamsters union announced an agreement on a new collective bargaining agreement on Tuesday after the two sides returned to the negotiating table.
International Brotherhood of Teamsters President Sean O'Brien discussed the 'historic' labor agreement and what employees can expect from the deal made with UPS
The deal still requires a vote from UPS workers.
UPS reaches an agreement with the International Brotherhood of Teamsters, the union representing about 330,000 UPS employees.
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