06.10.2018 - 11:21 [ Bloomberg ]

UPS’s Union Rejects Labor Contract, Raising Risk of Strike

United Parcel Service Inc.’s union ratified a five-year labor agreement for employees — even though a majority of members who voted turned it down.

The 54 percent “no” vote wasn’t enough to block the deal under union rules since less than half the membership turned out to cast ballots, the International Brotherhood of Teamsters said in an emailed statement.