UPS pilots ratify new contract

By: | at 08:00 PM | Air Cargo  

The Independent Pilots Association said its members had ratified a contract agreement through 2011 with package carrier United Parcel Service, Inc. (UPS).

Of the 2,623 ballots, 1,482 pilots voted for the agreement and 1,141 voted against, meaning the deal, with pay raises of about 18% to 26%, passed 56.5% to 43.5%.

FedEx Corp. (FDX) reached a deal with the Airline Pilots Association earlier. (Dow Jones & Company, Inc.)


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