UPS Price Target Trimmed by BofA Due to Teamsters Settlement Impact
BofA has trimmed UPS's price target to $105, citing concerns that the recent Teamsters settlement will tighten the company's path to margin recovery.
16 stories found
BofA has trimmed UPS's price target to $105, citing concerns that the recent Teamsters settlement will tighten the company's path to margin recovery.
The Teamsters union has successfully negotiated wage increases with DHL and reached a settlement with Amazon regarding unpaid time for its workers.

The International Brotherhood of Teamsters has urged the Justice Department to block Paramount Skydance’s $111 billion deal to acquire Warner Bros.

Teamsters boss Sean O'Brien endorses Sen. Markwayne Mullin for DHS chief, two years after their viral Senate hearing nearly turned into a physical fight.
A court has rejected the Teamsters union's attempt to block a buyout program for UPS drivers, allowing the company to proceed with its initiative.
UPS is contesting a lawsuit filed by the Teamsters union regarding the company's $150,000 driver buyout offers.
The Teamsters union has secured a buyout cap with UPS, while the National Labor Relations Board has called Amazon to the bargaining table for negotiations.

Amazon has settled a case with the Teamsters union, which alleged the company illegally docked employees' unpaid time off after they participated in a strike, calling the practice 'unlawfully coercive'.

The International Brotherhood of Teamsters is calling on the Justice Department to sue to block Paramount’s proposed merger with Warner Bros.

After being named as the next Homeland Security Secretary by Trump, attention has returned to a dramatic moments of former MMA fighter, Markwayne Mullin.
A court has rejected the Teamsters' request to stop the rollout of UPS driver buyouts, allowing the company's plan to proceed.
UPS and the Teamsters union have reached a settlement agreement that places caps on severance offers for drivers, with new details emerging on the deal.
The Teamsters union has formally submitted its concerns to the Department of Justice regarding the proposed merger between Paramount and Warner, signaling potential antitrust or labor issues.
General president Sean O’Brien and motion picture head Lindsay Dougherty say they will only back the deal if worker protections are put in place.
Sysco Teamsters In Montana Ratify Contract TradingView
Teamsters urge judge to block UPS from offering $150,000 buyouts to drivers Reuters