DIRS.INFO The most relevant business & tech news

REUTERS/Aude Guerrucci/File PhotoAug 3 (Reuters) - Thousands of UPS workers will start voting on their tentative contract agreement with the delivery giant on Thursday after local leaders of the International Brotherhood of Teamsters endorsed the union's deal earlier this week. The tentative deal covering 340,000 Teamsters-represented workers at United Parcel Service (UPS.N) averted a threatened strike that could have wreaked havoc on the U.S. economy by disrupting about a quarter of the nation's parcel shipments. Leaders from Teamsters locals oversee messaging and "sell" the deal to members, who vote through Aug. 22. The tentative deal would raise it to $21 from the current $16.20. It remains to be seen whether the group can mobilize enough part-timers, who account for about half of UPS workers.

Persons: Peter Lyngso, Jose Negrete, Negrete, Lyngso, Lisa Baertlein, Susan Heavey Organizations: Parcel Service, Teamsters, REUTERS, International Brotherhood of Teamsters, United Parcel Service, Monday, Leaders, UPS, Reuters, Thomson Locations: U.S, Orange , California, Washington, Chicago, Anaheim , California, Louisville , Kentucky, Los Angeles

☆ After $700 Million U.S. Bailout, Trucking Firm Is Shutting Down
▼ + stars: | 2023-07-28 | by ( Alan Rappeport | More About Alan Rappeport | ) www.nytimes.com time to read: +1 min

Yellow, the beleaguered trucking company that received a $700 million pandemic loan from the federal government, notified staff on Friday that it is shutting down and laying off employees at all of its locations. The move comes ahead of an expected bankruptcy filing by Yellow in the coming days. The closure of the company would mean the loss of approximately 30,000 jobs and mark the end of a business that just three years ago was deemed so critical to the nation’s supply chains that it warranted a federal bailout. “The company is shutting down its regular operations on July 28, 2023, closing and/or laying off employees at all of its locations, including yours,” the company said in a memo to staff that was reviewed by The New York Times. Yellow has been locked in protracted labor negotiations with International Brotherhood of Teamsters over a new contract that the company has said is essential to its ability to move forward with a restructuring plan.

Organizations: The New York Times, International Brotherhood of Teamsters

☆ American Airlines pilots' union accepts sweetened labor deal
▼ + stars: | 2023-07-27 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

American Airlines pilots' union said Thursday that they agreed to a sweetened offer for a new labor contract, less than two weeks after a richer deal at rival United Airlines derailed voting at American. "We appreciate the Allied Pilots Association for its collaborative work to reach an updated agreement on a four-year contract for American's pilots," American said in a statement. American's pilots would start voting on the new deal in August. The deal is the latest in the transportation industry where workers are seeking, and getting, higher wages. A shortage of pilots has emboldened unions to seek bigger raises and other improvements after the pandemic stalled negotiations.

Persons: Robert Isom Organizations: American Airlines, United Airlines, American, Delta Air Lines, Allied Pilots Association, UPS, International Brotherhood of Teamsters, Workers Locations: U.S

☆ Yellow Corp trucking company shares plunge as bankruptcy looms
▼ + stars: | 2023-07-27 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

New York CNN —The end may be close for Yellow Corp, a nearly century-old trucking company with 30,000 employees. But the company handled only about 7% of the nation’s 720,000 daily LTL shipments last year, said Jindel. Higher prices will particularly be true for Yellow customers, Jindel said. But the LTL segment requires a network of terminals on which to sort incoming and outgoing freight. But eventually non-union carriers came to dominate the LTL segment as well.

Persons: Satish Jindel, “, ”, FreightWaves, Yellow, Sean O’Brien, —, Jindel Organizations: New, New York CNN, Yellow Corp, Teamsters, CNN, Street, Industry, International Brotherhood of Teamsters, Taxpayers Locations: New York, New Penn, Holland

Of course, that nickname started with his mother, who called her middle son by his initials, he said in an interview before the UPS deal was announced. O'Brien had warned UPS ahead of the deal not to "go down the road of being greedy, being more loyal to Wall Street than Main Street." O'Brien crisscrossed the country in the weeks ahead of a threatened UPS strike on Aug. 1, fortifying Teamster members' resolve with "practice" pickets and profanity-punctuated speeches. Nelson cheered on O'Brien after the UPS deal in a statement, calling the right to strike the "only countervailing force to capitalism that is otherwise unchecked ... UPS workers have until Aug. 22 to vote on the tentative deal.

Persons: Sean O'Brien, O'Brien, Steven Tolman, John Logan, Shawn Fain, Sara Nelson, Nelson, ROLLBACKS O'Brien, Steve Striffler, We've, Lisa Baertlein, Ben Klayman, Matthew Lewis Organizations: Teamsters, International Brotherhood of Teamsters, United Parcel Service, UPS, Workers, Unions, San Francisco State University, United Auto Workers, of Flight, Boston Local, company, University of Massachusetts, Boston Labor Resource Center, Thomson Locations: ANGELES, U.S, Massachusetts, Los Angeles

☆ Scorching temperatures are making delivery a dangerous job — and it's only getting worse
▼ + stars: | 2023-07-26 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +10 min

Even outside the hottest US states, heat that delivery workers aren't used to can be dangerous. Several delivery driver deaths have triggered changes. In recent years, delivery drivers reporting heat-related illnesses were second only to construction workers, according to OSHA statistics reported by E&E News. The 2022 death of 24-year-old Esteban Chavez, a UPS driver in Southern California, made national headlines. But his death came less than a year before the International Brotherhood of Teamsters, which represents UPS workers, began re-negotiating its contract with UPS.

Persons: aren't, Jeff Goodell, Goodell, Shawndu Stackhouse, Tom Williams, Esteban Chavez, AccuWeather, Chavez wasn't, wasn't, Chavez, Spencer Platt, it's, James Daniels, San Clemente , CA, Irfan Khan, Greg Abbott Organizations: FedEx, heatwave, OSHA, E, D.C, Inc, Getty, Brotherhood of Teamsters, UPS, —, Los, Los Angeles County Coroner's, Labor Department, of Occupational Safety, Health, Broadway, New York City, Postal Service, it's, Los Angeles Times, Amazon, Texas Gov Locations: Portland, Yosemite, Vermont —, Northeast Washington, Northern California, Southern California, Pasadena , California, Los Angeles County, California, New york City, New York, Texas, San Clemente ,, New York City

☆ UPS and Teamsters reach a labor deal, potentially avoiding a crippling strike
▼ + stars: | 2023-07-25 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +2 min

CNN —UPS and the Teamsters have reached a tentative deal on a new contract. “UPS and the International Brotherhood of Teamsters, the union representing about 330,000 UPS employees in the U.S., have reached a tentative collective bargaining agreement,” the company said in a statement. The pandemic sent lower- and middle-class US workers’ pay surging for the first time in decades, but contract workers missed out on much of those gains. That’s why unionized actors, writers, nurses and teachers have recently gone on strike, and UPS workers and autoworkers have threatened walkouts. Terms of the tentative agreement are not yet known.

Persons: ”, Carol Tomé, Sean M, “ We’ve Organizations: CNN — UPS, Teamsters, UPS, International Brotherhood of Teamsters Locations: U.S

☆ UPS Announces Contract Accord With Teamsters to Head Off Strike
▼ + stars: | 2023-07-25 | by ( Noam Scheiber | More About Noam Scheiber | ) www.nytimes.com time to read: +1 min

United Parcel Service announced Tuesday that it had reached a tentative deal on a five-year contract with the union representing more than 325,000 of its U.S. workers, a key step in averting a potential strike when the current agreement expires on Aug. 1. “Together we reached a win-win-win agreement on the issues that are important to Teamsters leadership, our employees and to UPS and our customers,” Carol Tomé, the company’s chief executive, said in a statement. “This agreement continues to reward UPS’s full- and part-time employees with industry-leading pay and benefits while retaining the flexibility we need to stay competitive.”The union, the International Brotherhood of Teamsters, reported in June that its UPS members had voted to authorize a strike, with 97 percent of those who took part in the vote endorsing the move. The tentative agreement will now go before the membership for ratification. UPS handles about one-quarter of the tens of millions of packages that are shipped daily in the United States, and a strike could dent economic activity, particularly the e-commerce industry.

Persons: ” Carol Tomé Organizations: Parcel Service, Teamsters, UPS, International Brotherhood of Teamsters Locations: United States

☆ UPS and Teamsters to restart talks in effort to avoid strike
▼ + stars: | 2023-07-25 | by ( ) www.reuters.com time to read: +2 min

LOS ANGELES, July 25 (Reuters) - United Parcel Service (UPS) (UPS.N) and the Teamsters union representing 340,000 employees at the package delivery firm plan to meet on Tuesday in an effort to avert a threatened strike on Aug. 1. The scheduled meeting, which both sides have confirmed, would be the first since UPS labor contract negotiators deadlocked on July 5. One estimate put the potential economic impact of a 10-day UPS strike at more than $7 billion, the costliest in modern times. That estimate from Michigan-based Anderson Economic Group includes UPS customer losses of $4.6 billion, lost wages of $1.1 billion and company losses of $816 million. "The vast, vast, vast majority of shareholders are eager to see a strike averted," New York City Comptroller Brad Lander told Reuters.

Persons: Brad Lander, Lander, Lisa Baertlein, Jamie Freed Organizations: United Parcel Service, Teamsters, International Brotherhood of Teamsters, UPS, Anderson Economic Group, York, Reuters, New York Retirement Systems, Thomson Locations: ANGELES, Michigan, York City, Los Angeles

☆ Strike at trucking firm Yellow averted after deal
▼ + stars: | 2023-07-23 | by ( ) www.reuters.com time to read: +2 min

July 23 (Reuters) - U.S. trucking firm Yellow (YELL.O) averted a threatened strike by 22,000 Teamsters-represented workers on Sunday, saying the company will pay the more than $50 million it owed in worker benefits and pension accruals. Yellow is the third-biggest U.S. trucking company specializing in the less-than-truckload segment that combines shipments from different customers in the same trailer. Competitors, who are grappling with a sharp drop in freight volume, are expected to cherry-pick the company's customers, trucking experts and analysts said. It has successfully won such concessions in the past, but this time was rebuffed by new Teamsters General President Sean O'Brien. A federal judge in Kansas on Friday rejected Yellow's request to block the Teamsters from striking over the delinquent benefit payments.

Persons: Donald Trump, Sean O'Brien, O'Brien, O’Brien, Yellow's, Lisa Baertlein, Ananta Agarwal, Mrinmay Dey, Diane Craft, Chris Reese Organizations: Teamsters, Central, U.S, Walmart, Uber, Apollo Global Management, . Company, International Brotherhood of Teamsters, United Parcel Service, Thomson Locations: U.S, Central States, Nashville , Tennessee, Kansas, Los Angeles, Bengaluru

☆ United Parcel Service, Teamsters union to resume labor talks on Tuesday
▼ + stars: | 2023-07-22 | by ( ) www.reuters.com time to read: +1 min

July 22 (Reuters) - United Parcel Service (UPS.N) said it plans on Tuesday to resume labor talks with the Teamsters union representing 340,000 employees, an effort to avert a strike that could roil supply chains and harm the economy. The two sides in April began talks on a contract covering the company's U.S. drivers, package handlers and loaders. A spokesperson for the International Brotherhood of Teamsters confirmed the Tuesday talks and pointed to a statement detailing its goals for a five-year agreement that increases pay and full-time jobs, and strengthens protections for workers. The company started negotiations "prepared to increase the already industry-leading pay and benefits we provide our full and part-time union employees and are committed to reaching an agreement that will do just that." However, they remain at odds over pay increases for part-time workers who sort packages and load trucks.

Persons: Lisa Baertlein, Gary McWilliams, Diane Craft Organizations: United Parcel Service, Teamsters, International Brotherhood of Teamsters, UPS, Thomson Locations: U.S, Atlanta, Los Angeles

☆ Premarket stocks: Markets and consumers are in an upbeat mood. Here's why
▼ + stars: | 2023-07-21 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

CNN —Stocks and consumer sentiment are rising in tandem after slumping last year, in another sign of growing optimism that the economy could dodge a recession. Consumer sentiment tracked by the University of Michigan jumped 13% in July, notching its second consecutive month of improvement. That comes after stocks and consumer sentiment tumbled in 2022 as sticky inflation and the Federal Reserve’s aggressive pace of interest rate hikes spurred fears that the US economy would tip into a recession. “Consumer sentiment reached levels consistent with the lows of some past recessions last summer,” wrote Lori Calvasina, head of US equity strategy at RBC Capital Markets. Still, consumer sentiment could decline if more people lose their jobs, paychecks and spending power.

Persons: CNN —, ”, Lori Calvasina, Ed Moya, Moya, Jon Ekoniak, Pete Muntean, Vanessa Yurkevich, Robert Travis, “, ” Read, Michelle Toh, Kan, Read Organizations: CNN Business, Bell, CNN, University of Michigan, RBC Capital Markets, OANDA, JPMorgan Chase, Citigroup, Bordeaux Wealth Advisors, UPS, Teamsters, United Parcel Service, Independent Pilots Association, Brotherhood of Teamsters, South, Starbucks Asia Locations: That’s, BlackRock, Wells Fargo, South Korean, Hong Kong, Indonesia, South Korea, Philippines

A strike could be one of the costliest in at least a century, with the impact of a 10-day strike topping $7 billion, according to one think tank. UPS pilots, who belong to a different union, would also stop flying in solidarity with the striking workers. The Teamsters have been holding "practice pickets" in major cities around the country to keep pressure on UPS. On the other hand, UPS is the largest employer of Teamsters at a time when unions are fighting to grow. "We believe an August 1 strike at UPS remains possible but not yet probable," Susquehanna analyst Bascome Majors said in a client note.

Persons: Mike Blake, Sean O'Brien, Joe Biden, Bascome Majors, Lisa Baertlein, Priyamvada, David Shepardson, Chris Reese, Josie Kao Organizations: teamsters, UPS, REUTERS, United Parcel Service, Teamsters, International Brotherhood of Teamsters, Twitter, Reuters, Thomson Locations: L.A, Los Angeles , California, U.S, United States, Susquehanna, Los Angeles, Bengaluru, Washington

The world's biggest package delivery firm and the International Brotherhood of Teamsters have until midnight on July 31 to reach a contract deal covering some 340,000 workers that sort, load and deliver packages in the United States. If a deal is not done by the deadline, UPS workers have vowed to strike. A 10-day strike could cost the U.S. economy more than $7 billion, according to a recent estimate from Anderson Economic Group. "A new Teamsters deal could drive cost per piece (about) 2% higher than current expectations," Susquehanna analyst Bascome Majors said in a client note this week. Reporting by Lisa Baertlein in Los Angeles Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

Persons: Bascome Majors, Alfredo Ortiz, Bernie Marcus, we're, Ortiz, Lisa Baertlein, Chris Reese Organizations: Wednesday, United Parcel Service, Teamsters, International Brotherhood of Teamsters, UPS, Anderson Economic, Retail Industry, Association, Network, Home, Thomson Locations: ANGELES, U.S, United States, Susquehanna, Los Angeles

[1/5] Sean O'Brien, President of the International Brotherhood of Teamsters, speaks to UPS Teamsters during a picket ahead of an upcoming possible strike, outside of a UPS Distribution Center in Brooklyn, New York, U.S., July 14, 2023. The contract covering UPS workers who sort, load and deliver packages expires on July 31. I assume at some point they'll be reaching out looking to try and get a deal," Sean O'Brien, general president of the International Brotherhood of Teamsters, told Reuters following a worker rally in New York. Earlier in the day, UPS said it remained focused on reaching an agreement before the current one expires. UPS, which aims to hold down labor costs to compete with non-union rivals, could lose customers in a strike, while the Teamsters count UPS as the largest employer of Teamster-represented U.S. workers.

Persons: Sean O'Brien, Brendan McDermid, he's, O'Brien, Lisa Baertlein, John Stonestreet Organizations: International Brotherhood of Teamsters, UPS Teamsters, UPS, REUTERS, United Parcel Service, Teamsters, Reuters, Teamster, Thomson Locations: Brooklyn , New York, U.S, ANGELES, New York, Los Angeles

☆ UPS has started training managers to keep packages moving in the event of a strike
▼ + stars: | 2023-07-14 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +3 min

UPS representatives told some customers that managers will begin strike contingency training Friday. UPS representatives told some customers Thursday that non-union management staff across the country would begin training for strike roles on Friday, according to a customer briefed on the plans by a UPS representative. UPS told the customer, a mid-sized retailer, that it's prioritizing which customers will still receive service in the case of a strike and warned that many packages will require extra transit time. UPS told customers it's still committed to reaching a deal by the deadline. The last time the Teamsters went on strike at UPS in 1997, any managers with the necessary licenses were asked to drive delivery trucks while other managers sorted and loaded packages.

Persons: it's Organizations: International Brotherhood of Teamsters, UPS, FedEx, Teamsters, Reuters Locations: Washington , DC

That estimate from Michigan-based Anderson Economic Group (AEG) includes UPS customer losses of $4 billion and lost direct wages of more than $1 billion. A 15-day UPS strike in 1997 disrupted the supply of goods, cost the world's biggest parcel delivery firm $850 million and sent some customers to rivals like FedEx (FDX.N). Roughly 340,000 union-represented UPS workers handle about a quarter of U.S. parcel deliveries and serve virtually every city and town in the nation. A strike could delay millions of daily deliveries, including Amazon.com (AMZN.O) orders, electronic components and lifesaving prescription drugs, shipping experts warned. In fiscal 2019, GM's fourth-quarter profit took a $3.6 billion hit from a 40-day UAW strike that shut down its profitable U.S. operations.

Persons: Patrick Anderson, Anderson, GM's, Bruce Chan, Chan, Lisa Baertlein, Priyamvada, Pooja Desai, Jonathan Oatis, David Gregorio Our Organizations: United Parcel Service, Anderson Economic Group, AEG, UPS, FedEx, stoke, International Brotherhood of Teamsters, Teamsters, Consumers, UAW, Teamster, Thomson Locations: U.S, Michigan, Los Angeles, Bengaluru

☆ An Exiled Publisher Creates a ‘Brotherhood Across Tibetans’
▼ + stars: | 2023-07-12 | by ( Tenzin D. Tsagong | ) www.nytimes.com time to read: +1 min

Only around 11 years old then, he knew little about what they were fleeing — China’s decades-long colonization of his homeland — and why. He also didn’t realize that he would never again see his homeland, his mother or his six siblings. Without offering much explanation, the father then returned to Tibet, leaving Sonam under the care of a family friend. During the short call, she promised, “We will meet one more time.” But by then, Sonam knew that the political situation in Tibet made that nearly impossible. “It’s a process of negotiating this really harsh and endless barrage of obstacles and challenges that exile throws at you.”

Persons: Bhuchung Sonam, —, Sonam, Dalai Lama, “, ” Locations: Central Tibet, Nepali, Nepal, India, Tibet

☆ FedEx warns delivery drivers to have 'heightened security awareness' if UPS workers go on strike
▼ + stars: | 2023-07-12 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +3 min

FedEx sent a memo to its delivery force encouraging security awareness in the event of a strike. Unlike unionized UPS, FedEx uses a network of small businesses that contract out its delivery routes and make package deliveries. A FedEx spokesperson told Insider that alerting delivery contractors of potential disruptions is normal practice. A Teamsters spokesperson dismissed FedEx's memo as "scare tactics to capitalize on a possible work stoppage at UPS." Who gains from a UPS strike?

Persons: Glenn Gooding, who's Organizations: UPS, Teamsters, FedEx, International Brotherhood, iDrive Logistics, —, United States Postal Service

☆ New Mexico trail clash echoes culture war across US West
▼ + stars: | 2023-07-07 | by ( Andrew Hay | ) www.reuters.com time to read: +5 min

REUTERS/Andrew HayTALPA, N.M., July 7 (Reuters) - Physiotherapist Spencer Bushnell lives less than a mile from farmer Carlos Arguello in Taos, New Mexico. But they are worlds apart on proposals to lace the foothills they love with up to 71 miles of mountain bike and hiking trails. That put the neighbors on the frontline of a culture war raging across the West as multi-generational families, conservationists and sometimes conservatives fight trail systems sought by incomers and recreationist locals. Two bike trail projects have been nixed in as many months on public land in Oregon and Colorado. Across the United States, Americans are moving to places with trees and trails, many working remotely.

Persons: Spencer Bushnell, Andrew Hay TALPA, Carlos Arguello, Arguello, Bushnell, Carl Colonius, Darryl Maestas, Hispanos, Emily Matheu, Michael Lujan, Andrew Hay, Donna Bryson, Alistair Bell Organizations: . Forest Service, REUTERS, Division, U.S ., USFS, mamas, Thomson Locations: Taos , New Mexico, U.S, Oregon, Colorado, The Taos, Taos, Bend , Oregon, United States, South Korea, Afghanistan, Oakland , California, California

☆ A UPS Strike Would Be a Mistake -- and an Avoidable One - The New York Times
▼ + stars: | 2023-07-07 | by ( Peter Coy | ) www.nytimes.com time to read: +2 min

UPS was founded four years later by a couple of teenagers as the American Messenger Company. The Teamsters became for a time the nation’s biggest private-sector labor union, and UPS became the world’s biggest package delivery company. In 1997 there was a 15-day strike that “largely crippled” UPS, as The Times reported at the time. Today UPS is the biggest employer of Teamsters, with a third of the union’s members. Earlier in the negotiations the Teamsters put me in touch with a couple of UPS drivers so I could get a sense of the rank and file’s perspective.

Persons: Jimmy Hoffa, Martin Luther King’s, Jason Dube, “, ”, we’re Organizations: Teamsters, UPS, Brotherhood of Teamsters, American Messenger Company, Teamsters ’, Times, Saturday, FedEx Locations: Poland, Maine

☆ Welcome to the Age of the Cage Match
▼ + stars: | 2023-07-06 | by ( Joseph Bernstein | ) www.nytimes.com time to read: +1 min

That would be Elon Musk versus Mark Zuckerberg in Las Vegas, or maybe the Colosseum in Rome. The rival tech billionaires are inching toward a cage match, brokered by Dana White, president of the Ultimate Fighting Championship. And for an undercard, how about a sitting U.S. senator versus a union boss? In case that’s not enough testosterone, perhaps some feats of strength are in order. On Thursday, the Democratic representative of New York posted to Twitter a video of himself bench-pressing 405 pounds.

Persons: Mark Zuckerberg, Dana White, Markwayne Mullin, Sean O’Brien, O’Brien, ”, Robert Kennedy Jr, Jeff Bezos, Jamaal Bowman Organizations: Elon, Oklahoma Republican, International Brotherhood of Teamsters, Twitter, Democratic, New Locations: Las Vegas, Rome, Oklahoma, Venice Beach, New York

☆ Why did Russia invade Ukraine? Experts break down Putin's motivations and excuses for launching his war.
▼ + stars: | 2023-07-04 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +12 min

Russia launched a full-scale invasion of Ukraine in February 2022.Insider spoke to three experts about why it happened, and the motives behind President Putin's move. AP Photo/Evgeniy MaloletkaPutin blamed the WestTaylor said the invasion of Ukraine reflects Putin's "grievances that have been brewing for a long time." For Putin, "Russia has a right to rule Ukraine. At the start of the invasion, Putin blamed NATO's expansion into eastern Europe for forcing his hand, echoing a criticism he has made for years. Russian President Vladimir Putin meets with war correspondents in Moscow, June 13, 2023.

Persons: Putin's, —, Vladimir Putin, Putin, Felipe Dana, it's, George W, Bush, Stephen Hall, Hall, Alexander Ermochenko, Brian Taylor, Thomas Graham, Graham, Evgeniy Maloletka Putin, West Taylor, Taylor, Lithuania — Taylor, NATO didn't, Volodymyr Zelenskyy, Omar Marques, They've, Russia's, Peter the Great, Catherine the Great, Stalin, Zelenskyy, Viktor Medvedchuk, Donald Trump, Trump, Joe Biden, GAVRIIL Organizations: Service, AP, University of Bath, Kyiv, REUTERS, Slavic, of, West, Syracuse University, Yale, NATO, NATO doesn't, Russian Defense Ministry Press Service, Getty, Nazis, Nazism, Putin, SPUTNIK Locations: Russia, Ukraine, Ukrainian, Bucha, Kyiv, Russian Ukraine, Soviet Union, USSR, Russian, Moscow, Luhansk, Belarus, Asia, of Russia, East, Avdiivka, Europe, Ryazan, Finland, Estonia, Latvia, Lithuania, Zelenskyy, Afghanistan, Germany

Egypt expelled Turkey's ambassador and accused Ankara of backing organisations bent on undermining the country. Amr Elhamamy will become Egypt's ambassador in Ankara while Turkey nominated Salih Mutlu Sen to become its ambassador in Cairo, the foreign ministries said in a joint statement. The appointments marked an important milestone in the normalisation of relations, Turkish Foreign Minister Hakan Fidan said following the announcement. After a series of further steps towards rapprochement, Egypt's Foreign Minister Sameh Shoukry visited Turkey to show solidarity after the massive earthquakes that killed more than 50,000 people in Turkey and Syria in February. Turkey's foreign minister made a return visit to Egypt the following month.

Persons: Egypt's, Abdel Fattah al, Sisi, Brotherhood's Mohamed Mursi, Tayyip Erdogan, Amr Elhamamy, Salih Mutlu Sen, Hakan Fidan, Fidan, Erdogan, Sameh Shoukry, Nadine Awadalla, Huseyin Hayatsever, Frank Jack Daniel, Christina Fincher, Emma Rumney Organizations: Turkey's, Turkish, United Arab, Thomson Locations: Turkey, ANKARA, CAIRO, Egypt, Ankara, Cairo, United Arab Emirates, Israel, Saudi Arabia, Doha, Syria, Libya

☆ Revised UPS contract offer makes 'significant' movement on pay -Teamsters
▼ + stars: | 2023-06-30 | by ( ) www.reuters.com time to read: 1 min

LOS ANGELES, June 30 (Reuters) - United Parcel Service (UPS.N) has delivered a revised offer with "significant movement on wages and other economic language," the union representing roughly 340,000 U.S. drivers, package handlers and loaders at the global delivery firm said on Friday. The International Brotherhood of Teamsters union said UPS has requested more time to negotiate and pledged to reach a deal no later than July 5. Earlier this week the International Brotherhood of Teamsters union demanded that UPS make its "last, best, and final offer no later than June 30." The contract covering U.S. UPS workers expires at midnight on July 31. Reporting by Lisa Baertlein in Los Angeles Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Lisa Baertlein, Matthew Lewis Organizations: United Parcel Service, Brotherhood of Teamsters, UPS, U.S, Thomson Locations: ANGELES, Los Angeles

Search resuls for: "Brotherhood"

25 mentions found