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What the big UPS–Teamsters Union contract means for employers


United Parcel Service and the Teamsters Union, which represents more than 340,000 UPS employees, have tentatively agreed to a new union contract that—if approved by rank-and-file workers—will avert a strike that threatened to shut down the U.S. supply chain just as retailers are gearing up for busy back-to-school and holiday seasons.


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