MISSISSAUGA, ON, Oct. 22, 2015 /CNW/ - UPS Canada (NYSE:UPS) is
pleased to announce that a tentative agreement with the Canada
Council of Teamsters has been ratified. This results in a new
five-year agreement covering approximately 7,000 employees
throughout Canada.
The provisions of the new five-year contract have an effective
date of August 1, 2015 and will
extend through July 31,
2020.
"This agreement is good for our people, our customers and our
company," says Michael Tierney,
president of UPS Canada. "Its ratification shows the strong
commitment on both sides to serving our customers. Now that the
negotiation process is complete, we can continue to focus on doing
what we do best: providing our customers with the excellent service
they have come to expect from UPS."
The new contract provides wage increases, enhancements to the
pension plan as well as an increase in benefits.
About UPS
UPS (NYSE: UPS) is the world's largest
package delivery company and a global leader in supply chain and
freight services. With more than a century of experience in
transportation and logistics, UPS is a leading global trade expert
equipped with a broad portfolio of solutions. Headquartered
in Atlanta, Ga., UPS serves more
than 215 countries and territories worldwide. The company can
be found on the web at UPS.com. To get UPS news direct, visit
pressroom.ups.com/RSS.
SOURCE UPS Canada Ltd.