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UPS CEO says new labor deal with Teamsters to cost less than $30 billion – CNBC

09/12/2023
Less than a minute

2023.09.12 05:31


© Reuters. UPS vehicles are seen at a facility in Brooklyn, New York City, U.S., May 9, 2022. REUTERS/Andrew Kelly/File Photo

(Reuters) – United Parcel Service (NYSE:) CEO Carol Tome said that its new five-year contract with Teamsters-represented workers in the United States will cost less than the $30 billion outlined by the union, in an interview to CNBC on Monday.

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09/12/2023
Less than a minute

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