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UAW members ratify labor deal with Mack Trucks
https://www.reuters.com/business/autos-transportation/uaw-members-mack-trucks-vote-ratify-new-contract-2023-11-16/UAW members ratify labor deal with Mack Trucks
Reuters
November 16, 2023 4:36 AM EST Updated 2 hours ago
Nov 15 (Reuters) - The United Auto Workers (UAW) union on Wednesday said about 3,900 members representing Volvo Group (VOLVb.ST)-owned Mack Trucks ratified a new five-year contract in the U.S., ending a 39-day long strike following the rejection of an earlier deal.
The UAW and Mack Trucks had reached a tentative deal in October that included a 19% pay raise, but union workers overwhelmingly rejected it and went on a strike.
The deal had also included a $3,500 ratification bonus, improved retirement benefits and a reduction in the time needed to get to top pay, but some Mack Workers complained the raise was too small to keep up with inflation.
"After 39 days on strike, UAW members at Mack Trucks have voted by 93% to ratify their new contract with significant local improvements," the union said in a post on messaging platform X, earlier known as Twitter.
[...]
Reporting by Maria Ponnezhath, Shubham Kalia and Mrinmay Dey in Bengaluru; Editing by Varun H K
Reuters
November 16, 2023 4:36 AM EST Updated 2 hours ago
Nov 15 (Reuters) - The United Auto Workers (UAW) union on Wednesday said about 3,900 members representing Volvo Group (VOLVb.ST)-owned Mack Trucks ratified a new five-year contract in the U.S., ending a 39-day long strike following the rejection of an earlier deal.
The UAW and Mack Trucks had reached a tentative deal in October that included a 19% pay raise, but union workers overwhelmingly rejected it and went on a strike.
The deal had also included a $3,500 ratification bonus, improved retirement benefits and a reduction in the time needed to get to top pay, but some Mack Workers complained the raise was too small to keep up with inflation.
"After 39 days on strike, UAW members at Mack Trucks have voted by 93% to ratify their new contract with significant local improvements," the union said in a post on messaging platform X, earlier known as Twitter.
[...]
Reporting by Maria Ponnezhath, Shubham Kalia and Mrinmay Dey in Bengaluru; Editing by Varun H K