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 ...

UPS, the shipping and logistics giant, has withdrawn its voluntary separation program — a buyout offer — for drivers in more than a dozen states after initially announcing the program in January. The ...

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 ...

UPS and the Teamsters have settled their months-long dispute over the $150,000 Driver Choice Program, capping buyouts at 7,500 drivers and prioritizing seniority. The program, initially offered to a ...

LOUISVILLE, Ky. (WDRB) — UPS and the Teamsters union reached a new agreement on driver severance packages, ending a dispute over a controversial buyout program. The settlement places limits on UPS's ...

On Friday, Feb. 20, a federal judge in the District Court in Massachusetts gave UPS the green light to implement its Driver Choice Program, much to the delivery company's relief. UPS secured a key ...

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 ...