July 22 (Reuters) – United Parcel Service (UPS.N) mentioned it plans on Tuesday to renew labor talks with the Teamsters union representing 340,000 workers, an effort to avert a strike that would roil provide chains and hurt the economic system.
The 2 sides in April started talks on a contract masking the corporate's U.S. drivers, bundle handlers and loaders. An present five-year labor pact expires on July 31.
“With the contract expiration lower than two weeks away, we have to work shortly to finalize a good deal that gives certainty for our prospects, our workers and companies throughout the nation, Atlanta-based UPS mentioned on Saturday.
A spokesperson for the Worldwide Brotherhood of Teamsters confirmed the Tuesday talks and pointed to an announcement detailing its targets for a five-year settlement that will increase pay and full-time jobs, and strengthens protections for employees.
UPS mentioned it hope to “resolve the few remaining open points” on the talks. The corporate began negotiations “ready to extend the already industry-leading pay and advantages we offer our full and part-time union workers and are dedicated to reaching an settlement that may just do that.”
The 2 sides have reached tentative agreements on eliminating a two-tier pay construction for supply drivers and placing air-con on bundle automobiles. Nonetheless, they continue to be at odds over pay will increase for part-time employees who kind packages and cargo vans.
Talks broke down on July 5 with both sides blaming the opposite.
Reporting by Lisa Baertlein in Los Angeles; writing by Gary McWilliams; modifying by Diane Craft
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