BIGBROWNDC8
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National Mediation Board Puts UPS Talks with IPA in Recess
Thursday June 23, 12:46 pm ET
WASHINGTON--(BUSINESS WIRE)--June 23, 2005--UPS (NYSE:UPS - News) today
announced the National Mediation Board has ordered a recess in the company's
labor negotiations with the Independent Pilots Association (IPA).
There can be no strike or work stoppage while the parties are in recess.
UPS pilots are legally obligated under the Railway Labor Act to continue
working under the existing contract during any recess.
A recess often is a normal part of the mediation process, allowing the
company and the union time to re-evaluate their positions. It does not
prohibit the two parties from continuing to talk. While a recess has
occurred in previous negotiations between UPS and the IPA, the company
said it had hoped an agreement could be reached without a recess. Moving
forward, the federal mediator will continue to control the timing and
pace of negotiations.
"UPS pilots already are among the highest paid in the industry. The
company has presented comprehensive proposals that increase pay, improve
pensions, raise benefits and enhance vacations while also addressing
other quality-of-life concerns," said Bob Lekites, vice president of
UPS airlines and international operations. "While the company and the
union still have differences to address, UPS remains committed to continue
negotiations until an agreement can be reached."
To date, UPS has worked with the IPA to successfully address such important
contract issues as work rules, quality of life, safety and job security.
UPS continues to believe the federally prescribed negotiating process
will result in a contract that best serves the interests of its employees,
customers and shareholders.
"The company remains ready and willing to meet at any time or place
specified by the federal mediator," added Lekites.
Highest Paid??? makes me laugh...
Thursday June 23, 12:46 pm ET
WASHINGTON--(BUSINESS WIRE)--June 23, 2005--UPS (NYSE:UPS - News) today
announced the National Mediation Board has ordered a recess in the company's
labor negotiations with the Independent Pilots Association (IPA).
There can be no strike or work stoppage while the parties are in recess.
UPS pilots are legally obligated under the Railway Labor Act to continue
working under the existing contract during any recess.
A recess often is a normal part of the mediation process, allowing the
company and the union time to re-evaluate their positions. It does not
prohibit the two parties from continuing to talk. While a recess has
occurred in previous negotiations between UPS and the IPA, the company
said it had hoped an agreement could be reached without a recess. Moving
forward, the federal mediator will continue to control the timing and
pace of negotiations.
"UPS pilots already are among the highest paid in the industry. The
company has presented comprehensive proposals that increase pay, improve
pensions, raise benefits and enhance vacations while also addressing
other quality-of-life concerns," said Bob Lekites, vice president of
UPS airlines and international operations. "While the company and the
union still have differences to address, UPS remains committed to continue
negotiations until an agreement can be reached."
To date, UPS has worked with the IPA to successfully address such important
contract issues as work rules, quality of life, safety and job security.
UPS continues to believe the federally prescribed negotiating process
will result in a contract that best serves the interests of its employees,
customers and shareholders.
"The company remains ready and willing to meet at any time or place
specified by the federal mediator," added Lekites.
Highest Paid??? makes me laugh...