Teamsters Union

Bagley’s death comes weeks after the Teamsters Union secured a historic contract with UPS that ensured more delivery trucks would be outfitted with air conditioning.

The Teamsters Union announced Tuesday that United Parcel Service workers voted to approve the contract agreement reached last month between the union and UPS, ending months of heated debate and strike threats.

The renewed interest in UPS positions comes after the Teamsters Union and UPS reached a contract that will massively boost pay for full-time delivery drivers.

The cash-strapped U.S. trucking company had ceased operations and was planning to file for bankruptcy after failing to reorganize and refinance over a billion dollars in debt, the Teamsters Union said on Sunday.

U.S. trucking company Yellow's shares jumped over 67% on Tuesday, after more than doubling in the previous session as the Teamsters Union said the firm had ceased operations and was filing for bankruptcy.