Independent Pilots Association

The unionized pilots of express carrier United Parcel Service, Inc. (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...

United Parcel Service, Inc. (NYSE: UPS) announced plans to furlough at least 300 of its 2,800 pilots. However, United Parcel Service and the Independent Pilots Association (IPA) will continue to look for ways to cut costs in an effort to avoid the work furloughs. "Even though the economy has begun...