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RE: Cost-of-Living (COLA) Adjustment of $0.22 on August 1, 2026
Inflation triggered a 2026 COLA increase of $0.22 per hour and 0.55 cents per mile under the 2023-2028 National Master United Parcel Service Agreement.
The U.S. Department of Labor's Bureau of Labor Statistics reported the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased to a level of 328.829 points ( 1982-84= 100) in May 2026. This triggers a COLA increase because the CPI-W Index points exceeded 325.283 points.
Per Article 33 of the contract, a COLA increase
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6/8/2026 - View The IBT Notice To All ABF Local Unions Regarding the 2026 COLA Increase, which can also be viewed below:
TO: ALL LOCAL UNIONS SIGNATORY TO THE 2023 – 2028 ABF FREIGHT NATIONAL MASTER FREIGHT AGREEMENT
FROM: John A. Murphy, National Freight Director
DATE: June 8, 2026
RE: ABF Freight -NMFA Article 33, Sec. 4 - COLA
The U.S.
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Tell Congress to Pass the Fast Labor Contracts Act!
Workers shouldn’t have to wait years for their first contract!
Workers have the right to a collective bargaining agreement after they vote for a union, but the law is full of loopholes and companies drag out the negotiation process for years. On average today, it takes 458 days to secure a first contract.
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Teamsters Local 492
4269 Balloon Park Road NE
Albuquerque, New Mexico 87109
505-344-1925
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