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UPS CEO says drivers will average $170,000 in pay and benefits at end of 5-year deal

www.cnbc.com UPS CEO says drivers will average $170,000 in pay and benefits at end of 5-year deal

UPS and the Teamsters Union reached a tentative agreement late last month, averting a strike.

UPS CEO says drivers will average $170,000 in pay and benefits at end of 5-year deal

UPS also has a market cap of 156B$ vs Fedex's 66B$. Both average around 90B$ in revenue. Fedex drivers maker an average of 52k$ a year. Fedex doesn't have any unions.

In summary, it seems that having a union helps workers earn a lot more, but also help the company have significantly better stock market performance.

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UPS CEO says drivers will avg $170k in pay and benefits at end of 5-year deal

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