![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
National Contract * USA - YRC watching Teamsters union negotiations with UPS
One issue that UPS has put on the table is pension benefits for the company’s 238,000 union workersKansas,MO,USA -The Kansas City Star, by RANDOLPH HEASTER -July 06, 2007: -- The Teamsters union has begun contract talks with UPS that could affect the direction of future negotiations with YRC Worldwide Inc. and other unionized trucking companies... Although the current contract with the parcel giant does not expire until the end of July 2008, bargaining has already begun in hopes of obtaining a new agreement early... According to recent trade industry reports, UPS is seeking to exit the plan with a lump-sum payment of nearly $4 billion. The company proposes to then form a joint Teamsters-UPS pension plan for future workers... UPS is the biggest contributor to the Teamsters’ multi-employer Central States pension plan, and YRC is the second-largest... (Photo: Some 50,000 members of the Teamsters union work for Overland Park-based YRC Worldwide Inc. Their labor agreement expires next year)
Labels: teamsters union news
posted by Unknown @ 5:50 AM
0 Comments:
Post a Comment
<< Home