Under the agreement, UPS is only allowed to issue severance payments to a total of 7,500 drivers across the entire company, ...

April 5 (Reuters) - United Parcel Service said on Sunday that it had reached an agreement with the International Brotherhood ...

The carrier has agreed to cap the number of buyout payments to 7,500 drivers under a program it says has received "strong ...

UPS-Teamsters deal caps driver severance buyouts at 7,500, offering $150,000 early retirement and barring new programs until ...

UPS and Teamsters reached an agreement on driver buyouts, limiting offers to 7,500 workers and providing $150,000 for early ...

UPS will limit its buyout program to 7,500 drivers nationwide as part of a settlement agreement with the International ...

Union pressure forces a partial retreat, but UPS maintains the buyouts comply with the parties' national and regional contracts.

The Atlanta-based United Parcel Service has agreed to cap its Driver Choice Program to 7,500 drivers. It allows those workers to voluntarily leave.

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 ...

Drivers who accept a buyout will receive a $150,000 lump-sum payment, with offers made to long-haul feeder drivers and ...

United Parcel Service (UPS) notified the International Brotherhood of Teamsters on Tuesday that it was withdrawing its latest driver buyout scheme in Central Region states after nearly 37 local unions ...

The International Brotherhood of Teamsters said UPS informed the union on March 24 that it would withdraw the program across ...