All Supplemental Agreements With UPS Were Ratified As Well, Except For The Local 769 LAI Supplement Which Covers 174 Members In Florida
Portfolio Pulse from Benzinga Newsdesk
All supplemental agreements with UPS have been ratified, except for the Local 769 LAI Supplement which covers 174 members in Florida.
August 22, 2023 | 8:13 pm
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NEUTRAL IMPACT
UPS has had all its supplemental agreements ratified except for the Local 769 LAI Supplement in Florida.
The ratification of all supplemental agreements, except for the Local 769 LAI Supplement, is a neutral event for UPS. It indicates that the company has successfully negotiated terms with most of its partners, but the exception in Florida might require further negotiations. This could potentially lead to disruptions in service or additional costs, but given the limited number of members covered by this agreement (174), the overall impact on UPS is likely to be minimal.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100