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UPS reaches tentative five-year deal with pilots union

Published 06/30/2016, 12:59 PM
Updated 06/30/2016, 01:10 PM
© Reuters. United Parcel Service air craft are being loaded with air containers full of packages bound for their final destination at the UPS Worldport All Points International Hub during the peak delivery month in Louisville

ATLANTA (Reuters) - United Parcel Service Inc (N:UPS) has reached a tentative five-year agreement with its pilots' union after nearly five years of talks, the world's largest package delivery company said on Thursday.

If ratified by a majority of UPS' 2,600 pilots, the new contract will take effect as of Sept. 1 this year. UPS said it would not release specific details of the contract until after the Independent Pilots Association presents the tentative agreement to all UPS pilots.

© Reuters. United Parcel Service air craft are being loaded with air containers full of packages bound for their final destination at the UPS Worldport All Points International Hub during the peak delivery month in Louisville

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