
The United Parcel Service (UPS) and the International Brotherhood of Teamsters announced a tentative five-year agreement Tuesday, averting a strike for now that could have caused a major disruption of delivery services.
Negotiations between the delivery service - which counts Amazon as a major customer - and its union members broke down on July 5 over issues including wages and benefits for part-time employees. Late last week, the two parties said they would resume talks this week and hoped to reach an agreement before the current contract expires on Aug. 1.