UPS Chief Says Year One of Pricey New Labor Deal Will Hurt Most By Thomas Black, Bloomberg News (Bloomberg) — United Parcel Service Inc. will pay out the biggest portion of its new, five-year labor pact over the next 12 months while trying to win back customers it lost during the contentious contract talks, making […]
UPS Chief Says Year One of Pricey New Labor Deal Will Hurt Most Labor Agreement Impact on UPS United Parcel Service Inc. (UPS) is facing a challenging upcoming year as it grapples with the cost implications of its new, five-year labor agreement. CEO Carol Tomé acknowledged that the company will pay out a significant portion […]