The union says the Teamsters have bought only 10% of the promised vehicles, but the company says it remains committed to the agreement.

Additionally, Sean M. O’Brien, the Teamsters General President, is quoted as saying UPS is obligated to create jobs, "but ...

The payout will equal $1,800 per year of service with a $10,000 minimum as the delivery giant looks to streamline its network ...

The package from UPS includes $1,800 per year of service at UPS, with a minimum payout of $10,000, with all years of service ...

The Teamsters union, which represents about 340,000 UPS employees, is urging its full-time members to reject the offers.

United Parcel Service (NYSE:UPS) will reportedly offer its union drivers a severance offer as part of the company’s “network reconfiguration." The package offered through its “Driver Voluntary ...

The so-called “Driver Voluntary Severance Plan” is the latest part of the company’s jobs massacre, including plans to ...

UPS is offering full-time U.S. union delivery drivers a voluntary buyout in a move that the Teamsters says violates the ...

United Parcel Service plans to offer buyouts to drivers, in a move that's drawing opposition from the Teamsters union that represents them. Why it matters: UPS has been taking steps to cut costs as it ...

On Thursday, the courier offered its U.S. drivers a voluntary buyout as part of "the largest network reconfiguration in UPS ...

As part of a larger restructuring of the company, UPS announced earlier this year that it would lay off 20,000 of its 500,000-strong workforce.

Today, full-time drivers make $170,000 a year. Good for them—for those who still have jobs. But paying for the new Teamster ...