TEAMSTERS REACH STRONG SETTLEMENT WITH UPS ON DRIVER SEVERANCE PACKAGES [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 April 5, 2026 /PRNewswire/ -- After months of urging United Parcel Service (UPS) to honor its Teamsters contract and return to the bargaining table over unilateral driver buyouts, UPS on Sunday agreed to terms on a new settlement with the Teamsters National Negotiating Committee — capping severance offers while rewarding and protecting the seniority of Teamsters drivers. International Brotherhood Of Teamsters. (PRNewsFoto/International Brotherhood of Teamsters) Teamsters General President Sean M. O'Brien successfully pushed UPS into negotiations in the wake of national grievances filed against the package giant over its Driver Choice Program (DCP), which UPS pursued in February without agreement from the union. Those grievances forced UPS to withdraw the DCP in 13 states in March before ultimately agreeing to negotiate. Under terms of the strong new settlement, UPS will be limited in the number of severance packages it can offer. Those who wish to accept them will re
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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