Stock Market News

Teamsters to UPS: No national talks until regional contracts are finished

2023.04.12 16:46


© Reuters. FILE PHOTO: United Parcel Service (UPS) vehicles are seen at a facility in Brooklyn, New York City, U.S., May 9, 2022. REUTERS/Andrew Kelly

By Lisa Baertlein

LOS ANGELES (Reuters) -The International Brotherhood of Teamsters union on Wednesday said it would not begin national contract negotiations with United Parcel Service (NYSE:) as planned next week unless regional supplemental contracts are completed.

The largest private-sector labor negotiations covering some 340,000 Teamsters-represented workers at UPS are scheduled to begin on Monday, April 17, in Washington. That national contract expires on July 31.

“UPS will be in Washington, D.C. next week ready to negotiate with the Teamsters on the National Master Agreement and the supplemental agreements,” the company said in an emailed response.

The Teamsters said that only 10 of 40 supplements to the national contract have been resolved since those regional talks started in January. The union blamed delays by UPS.

“We have clearly stated our intentions to UPS from the beginning that there would be no national negotiations until these regional contracts are completed,” Teamsters General President Sean O’Brien said in the statement.

Teamsters-represented UPS workers are also covered under supplemental agreements, riders and addenda that are specific to the region where they work. Those contracts define provisions not included in the national agreement, including paid time off, overtime, work hours, seniority and discipline language.

UPS said discussions around national negotiations and supplemental agreements often take place at the same time. It said it has bargained in good faith since the beginning and would continue to review and consider all proposals that are brought to the table.

“We are committed to reaching an agreement that provides wins for our employees, the Teamsters, UPS and our customers,” UPS said. “Taking care of our people and delivering for our customers is our top priority.”

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 87,635.48 0.80%
ethereum
Ethereum (ETH) $ 2,432.91 1.31%
tether
Tether (USDT) $ 0.999116 0.01%
xrp
XRP (XRP) $ 2.27 3.57%
bnb
BNB (BNB) $ 620.34 2.04%
solana
Solana (SOL) $ 139.40 0.97%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.21027 4.10%
cardano
Cardano (ADA) $ 0.679636 5.22%
staked-ether
Lido Staked Ether (STETH) $ 2,428.99 1.37%
tron
TRON (TRX) $ 0.229097 0.30%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 87,562.46 0.69%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,909.92 1.62%
chainlink
Chainlink (LINK) $ 15.59 6.51%
litecoin
Litecoin (LTC) $ 126.56 13.90%
sui
Sui (SUI) $ 3.01 8.42%
avalanche-2
Avalanche (AVAX) $ 22.25 6.66%
stellar
Stellar (XLM) $ 0.296215 7.15%
the-open-network
Toncoin (TON) $ 3.56 2.87%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 4.50%
hedera-hashgraph
Hedera (HBAR) $ 0.198266 8.43%
leo-token
LEO Token (LEO) $ 8.96 1.00%
usds
USDS (USDS) $ 0.999765 0.04%
polkadot
Polkadot (DOT) $ 4.86 10.33%
mantra-dao
MANTRA (OM) $ 7.57 0.78%
weth
WETH (WETH) $ 2,433.81 1.44%
hyperliquid
Hyperliquid (HYPE) $ 20.44 5.43%
bitcoin-cash
Bitcoin Cash (BCH) $ 296.23 5.40%
ethena-usde
Ethena USDe (USDE) $ 0.999152 0.00%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,580.50 1.84%
uniswap
Uniswap (UNI) $ 8.13 4.51%
bitget-token
Bitget Token (BGB) $ 4.01 5.01%
monero
Monero (XMR) $ 217.74 0.08%
whitebit
WhiteBIT Coin (WBT) $ 26.64 1.02%
near
NEAR Protocol (NEAR) $ 3.07 6.09%
pepe
Pepe (PEPE) $ 0.000008 6.08%
aptos
Aptos (APT) $ 5.75 5.19%
dai
Dai (DAI) $ 0.999641 0.01%
bittensor
Bittensor (TAO) $ 373.66 3.28%
internet-computer
Internet Computer (ICP) $ 6.51 6.67%
ondo-finance
Ondo (ONDO) $ 0.990487 2.47%
aave
Aave (AAVE) $ 207.02 5.14%
susds
sUSDS (SUSDS) $ 1.04 0.02%
ethereum-classic
Ethereum Classic (ETC) $ 18.92 3.32%
okb
OKB (OKB) $ 45.52 1.56%
gatechain-token
Gate (GT) $ 21.71 6.26%
official-trump
Official Trump (TRUMP) $ 13.12 0.10%
mantle
Mantle (MNT) $ 0.76769 3.18%
tokenize-xchange
Tokenize Xchange (TKX) $ 31.14 5.40%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 87,687.49 0.79%