UPS Potential strike prevented
UPS - New master agreement signed – strike prevented As of December 31, 2002, UPS had approximately 230,000 employees (64% of total employees) employed under a national master agreement and various supplemental agreements with local unions affiliated with the International Brotherhood of Teamsters (“Teamsters”). ... Both the Teamsters and NPS, dodging a repeat of the devastating 1997 strike, announced a the contract agreement that gives workers a 22 percent pay increase over six years and creates 10,000 new full-time jobs.