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Contract negotiations between UPS Inc. and the Teamsters Union began in January with the union and the package delivery firm taking a measured approach to reaching a deal before the July 31 deadline.

Cuts made last year in the pension payments to retired Teamsters could be restored under federal legislation being touted by U.S. Sen. Charles Schumer.

A year ago, Teamsters Local 707 retirees suffered a fate that could soon hit hundreds of thousands of union workers: Their pension fund crashed.

Minnesota Sen. Tina Smith met with retired Teamsters on Jan. 6 to talk about a proposed solution to the problems facing their pensions.

Sen. Chuck Schumer and Rep. Peter King joined Long Island Teamsters Jan. 2 in calling for union pension shortfalls to be funded through Treasury bonds tied to the federal budget.

Retired Teamsters around the nation who are facing dramatic cuts to their monthly pensions are keeping their fingers crossed that proposed federal legislation will keep them from financial ruin.

ABF Freight, the less-than-truckload carrier operated by ArcBest, announced that ABF and the Teamsters National Freight Industry Negotiating Committee have agreed to exchange initial proposals on Dec. 18 and 19, and begin negotiations on a new collective bargaining agreement the week of Jan. 7.

A division of the Teamsters union held what it called an informational picket Oct. 30 against Jacksonville-based CSX Corp., saying the company is planning to “drastically reduce our health insurance benefits.”