Teamsters union votes to ratify UPS contract

Members of the Teamsters union voted to ratify a new five-year collective bargaining agreement with shipping giant UPS on Tuesday, avoiding a potential strike that loomed over the U.S. economy as the two sides negotiated in recent months.

The five-year contract covers roughly 340,000 UPS Teamsters members across the U.S. and includes higher wages for full- and part-time workers, more full-time roles, and workplace protections such as air conditioning in delivery vehicles. The Teamsters union said that 86.3% of members voted in favor of ratification, which the union noted was...