UPS CEO sells investors on new labor contract as company sees stock slide ahead of holiday peak

  • 📰 NBCNewYork
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

UPS is billing the labor agreement with the Teamsters as a win for the company and its workers, as it looks to sell the deal to investors.

In late July, UPS and the Teamsters announced they had reached a tentative contract agreement. The unionA 'win-win-win'

However, UPS shares have fallen more than 14% since the July 25 announcement. Tome also estimated that UPS lost more than 1 million packages per day in volume in the weeks leading up to the eventual deal. "We actually started thinking about this contract negotiation the day I onboarded. Where the industry was going, what we needed to survive. We started thinking about this as a strategic imperative," Tome said.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 270. in RU

Россия Последние новости, Россия Последние новости