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Fortune

Christiaan Hetzner

UPS says blockbuster pay deal that will see drivers haul in $170,000 a year won't cost shareholders $30 billion

UPS United States Teamsters Carol Tome

UPS chief executive Carol Tome (Credit: Jim Watson—AFP/Getty Images)

The good news for UPS shareholders is this summer’s recent blockbuster wage deal for delivery van drivers will cost less than the purported $30 billion figure the Teamsters union bragged about.

The bad news is it’s anyone’s guess how much less, as senior management is staying mum on the exact amount.

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