UPS ADMITS DRIVER BUYOUTS VIOLATE TEAMSTERS CONTRACT IN CENTRAL REGION [Yahoo! Finance]
United Parcel Service, Inc. (UPS)
Last united parcel service, inc. earnings: 4/28 07:00 am
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Source: Yahoo! Finance
WASHINGTON March 24, 2026 /PRNewswire/ -- United Parcel Service (UPS) notified the International Brotherhood of Teamsters on Tuesday that it was withdrawing its latest driver buyout scheme in Central Region states after nearly 37 local unions filed grievances against the parcel giant for shamelessly violating the UPS Teamsters contract. This action will greatly undermine the company's illegal pursuit of buyouts in other regions under the National Master Agreement. International Brotherhood Of Teamsters. (PRNewsFoto/International Brotherhood of Teamsters) The Teamsters Central Region encompasses 13 states from Nebraska to Ohio and is home to more than 68,000 rank-and-file Teamsters working at UPS. The latest buyout, which the company calls the Driver Choice Program (DCP), had asked drivers to accept a one-time lump sum payment in exchange for legally committing to never work for UPS again, to waive their rights to union representation, and to sacrifice a career's worth of strong u
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UPS
Earnings
- 1/27/26 - Beat
UPS
Sec Filings
- 3/27/26 - Form SCHEDULE
- 3/25/26 - Form DEFA14A
- 3/19/26 - Form ARS
- UPS's page on the SEC website