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United Parcel Service (UPS) driver pushes a dolly of packages towards a delivery van on a street in New York.
Victor J. Blue | Bloomberg | Getty Images
UPS and the union representing more than 300,000 workers at the package carrier reached a preliminary labor deal, narrowly avoiding a strike that was set to start in the coming days if the two sides failed to strike a deal.
“Together we reached a win-win-win agreement on the issues that are important to Teamsters leadership, our employees and to UPS and our customers,” UPS CEO Carol Tome. “This agreement continues to reward UPS’s full- and part-time employees with industry-leading pay and benefits while retaining the flexibility we need to stay competitive, serve our customers and keep our business strong.”
The tentative deal still faces a ratification vote by workers.
This is breaking news. Please check back for updates.
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