Today, full-time drivers make $170,000 a year. Good for them—for those who still have jobs. But paying for the new Teamster ...

UPS is tightening its belt to survive weak demand and soaring labor costs, which are bruising its bottom line. The company plans to cut 20,000 jobs, shut 73 facilities, and offer driver buyouts to ...

"For the first time ever, in recognition of these unique circumstances, we are looking to offer our full-time U.S. drivers ...

United Parcel Service trims 20,000 jobs, offers driver buyouts and shuts facilities to cut costs amid weak demand and rising ...

UPS did not disclose the amount of the buyout but confirmed employees would receive earned retirement benefits, pensions, and ...

UPS is in the midst of a $3.5 billion cost-reduction effort and is offering union drivers a financial package to leave ...

UPS plans to cut 20,000 jobs—about 4% of its global workforce—and is offering voluntary buyouts to U.S. full-time drivers for ...