July 21, 2024

NPR: UPS union calls off strike threat after securing pay raises for workers

The Teamsters union said it has secured pay raises for United Parcel Service workers, averting what would have been one of the largest strikes in U.S. history.

“UPS has put $30 billion in new money on the table as a direct result of these negotiations,” Teamsters general president Sean O’Brien said in a statement. “This contract sets a new standard in the labor movement and raises the bar for all workers.”

Under the tentative five-year agreement, existing full and part-time UPS Teamsters will earn $2.75 more per hour in 2023, and $7.50 more per hour over the length of the contract. Wages for existing part-timers will also be raised to no less than $21 per hour, effective immediately, according to a Teamsters statement.