Southwest reaches tentative contract with 18,000 transport workers after they rejected an earlier proposal

Southwest Airlines Co.’s stock rose Thursday after it said it reached a tentative agreement with the union that represents 18,000 of its staff that handle baggage, provisions and cargo for the carrier.Southwest shares LUV, +2.01% were up 0.7% in premarket trading as it confirmed a new pact with Transport Workers Union Local 555, which includes its agents that handle ramp duties, operations, provisioning, and cargo.The new contract proposal will now go before union members for a ratification vote. The agreem ...