UPS challenges Teamster suit over $150,000 driver buyouts
UPSUPS(US:UPS) Yahoo Finance·2026-02-16 14:01

United Parcel Service on Friday asked a federal judge to throw out a Teamsters union complaint seeking to block the company from offering $150,000 voluntary buyouts to package car drivers, saying any concerns can be adequately addressed by arbitration provisions in the existing contract. The size and structure of the separation package carries the risk of internal union turmoil if rank-and-file members are interested in resigning against the leadership’s objections. The Teamsters, which represents about ...