UPS and Teamsters Union Reach a Tentative Labor Deal, Potentially Averting Strike

UPS and the Teamsters union have reached a tentative contract on working conditions for the 340,000 unionized employees at the shipping giant, both parties announced Tuesday.

The contract, if ratified, would avert a strike that was shaping up to be the biggest in 60 years.

The Teamsters called the five-year contract “overwhelmingly lucrative,” adding that it “raises wages for all workers, creates more full-time jobs, and includes dozens of workplace protections and improvements.”

Read the source article at CBS News