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UPS pilots ratify two-year contract extension

“This contract extension provides stability for both UPS and our pilots as we jointly face unprecedented times in our industry,” said IPA Union President and Capt. Robert Travis.

The unionized pilots of express carrier UPS [NYSE: UPS] on Tuesday overwhelmingly ratified a two-year extension of their existing labor contract.

According to the Independent Pilots Association (IPA), the contract was ratified with 98.86% of the vote and 95.2% of the eligible members casting their ballots. The union represents more than 2,900 pilots who fly for UPS.

The new agreement extends the current labor contract for the UPS pilots, starting Sept. 1, 2021.

“This contract extension provides stability for both UPS and our pilots as we jointly face unprecedented times in our industry” said Capt. Robert Travis, the union’s president, in a statement.

IPA and UPS announced an agreement was reached for the two-year contract extension on Feb. 10, with a deadline for the pilots union membership to ratify it by the end of March.

The extended agreement includes annual wage increases and pension enhancements for the pilots.

The FREIGHTWAVES TOP 500 For-Hire Carriers list includes UPS (No. 2).

Chris Gillis

Located in the Washington, D.C. area, Chris Gillis primarily reports on regulatory and legislative topics that impact cross-border trade. He joined American Shipper in 1994, shortly after graduating from Mount St. Mary’s College in Emmitsburg, Md., with a degree in international business and economics.