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2020 Profit-Sharing Bonus to Eligible Teamsters at ABF For the second year in a row, ABF will pay a profit-sharing bonus to the Teamsters actively working at ABF. ABF Freight achieved a 95.3% operating ratio* in 2020.


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UPS Freight-TFI Purchase
Updated On: Feb 03, 2021

1/25/2021 - UPS Freight-TFI Purchase

Please see below the following information that was received today from UPS Freight.

As you may know, UPS Freight has entered into an agreement by which TForce Freight, Inc. (an affiliate of TFI International Inc.) will acquire all of the issued and outstanding shares in the capital stock of UPS Freight, which will result in a transfer of those operations at the closing of the acquisition.

Does this impact the Teamsters or the Machinists unions? No. The unions continue to represent the same employees and the labor agreements remain in place.

What happens with my hourly rate, vacations, pension, etc.? For union-represented UPS Freight employees, all terms and conditions such as pay, healthcare, and retirement will stay the same.

Will I have to change doctors? No. Healthcare coverage remains as it is today through Teamcare.

Will we have to negotiate a new contract? No. The current Teamsters and IAM contracts will remain in place through August 1, 2023.

Will I still have my same Union Steward and Business Agent? Yes. You will still be represented by the same local union and have the same stewards you have today.

What happens to current and outstanding grievances? This transaction has no impact on pending grievances. These will continue to be processed as outlined in the parties’ labor agreements.

Teamsters Local 492 will continue to update you through our teamsters492.org. We have created a special webpage dedicated to UPS Freight-TFI Purchase, Click Here to View.


February 28, 2021

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Upcoming Events
UPS & UPS Freight National Grievance Panel
Mar 01, 2021
ZOOM Only
James R. Hoffa Memorial Scholarship 2021 Deadline
Mar 01, 2021
General Membership Meeting (Conference Call)
Mar 18, 2021
*Until further notice, Union Meetings will be by Conference Call due to Governor's Mandate "prohibiting mass gatherings."
JALM UPS (1st Level) Hearings
Mar 22, 2021
Homewood Suites 7101 Arvada Ave. NE Alb., NM 87110
JALM UPS (1st Level) Hearings
Mar 23, 2021
Homewood Suites 7101 Arvada Ave. NE Alb., NM 87110
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Updated: Feb. 28 (20:45)
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