UPS (NYSE:UPS) and the Teamsters union have reached a new settlement over driver severance programs. The agreement resolves a conflict around a prior driver buyout program and clarifies limits on ...

A federal judge has given UPS the go-ahead to roll out its second driver buyout program in two years upon dismissing a request from the Teamsters to block its implementation. Chief district judge ...

UPS has withdrawn its voluntary driver buyout program in 13 states amid pushback from dozens local branches of the Teamsters. The logistics giant rolled back the separation program after 37 Teamsters' ...

FedEx’s spin-off of FedEx Freight is a done deal The long-awaited spin-off of FedEx Freight, the less-than-truckload (LTL) subsidiary of Memphis-based global freight transportation and logistics ...

WASHINGTON — UPS has limits on how many of its drivers the delivery service can buy out after an agreement with the Teamsters union this week. The settlement followed months of negotiation after UPS ...

The International Brotherhood of Teamsters said that United Parcel Service (UPS) notified it on March 24 that it was withdrawing its latest driver buyout scheme in Central Region states, after nearly ...

UPS has reached a deal with the Teamsters to cap its buyouts for drivers, following claims from the union that UPS had violated collective bargaining terms when the company rolled out a sweeping ...