Teamsters Reach Strong Settlement with UPS on Driver Severance Packages The settlement between the Teamsters and UPS caps the total number of severance payments to 7,500 drivers across all job classifications nationwide “Rank-and-file Teamsters have given their blood, sweat, tears and, most importantly, their labor to ensure UPS’s success for a century
UPS, Teamsters reach settlement that caps driver severance offers United Parcel Service said on Sunday that it had reached an agreement with the International Brotherhood of Teamsters to cap severance offers at 7,500 drivers after a dispute over the company's
UPS to cap driver buyouts at 7,500 after Teamster pushback UPS has reached an agreement with the Teamsters union to cap its voluntary buyout program at 7,500 drivers, with selections based on seniority, in exchange for being able to offer severance
TEAMSTERS REACH STRONG SETTLEMENT WITH UPS ON DRIVER SEVERANCE PACKAGES WASHINGTON, April 5, 2026 PRNewswire -- After months of urging United Parcel Service (UPS) to honor its Teamsters contract and return to the bargaining table over unilateral driver buyouts, UPS on Sunday agreed to terms on a new settlement with the Teamsters National Negotiating Committee — capping severance offers while rewarding and
UPS And Teamsters Reach Settlement On Severance Packages United Parcel Service (UPS) has reached a new settlement with the Teamsters National Negotiating Committee, capping severance offers while safeguarding the seniority of Teamsters drivers, according to a statement from the International Brotherhood of Teamsters
UPS, Teamsters settle dispute with 7,500 severance cap United Parcel Service and the International Brotherhood of Teamsters have reached a settlement capping early retirement severance offers at 7,500 drivers, each eligible for $150,000 The deal ends