approved

US 04/24/14Atlanta, GANational Master Agreement Effective April 25, 2014; Retroactive Effect to August 2013UPS (NYSE: UPS) today was notified by the International Brotherhood of Teamsters (IBT) that the Master Agreement between UPS and the IBT was approved for implementation on April 25 for all UPS employees covered by the Agreement. "We are pleased with this notification and we will move forward to implement the terms of the contract," said Scott Davis, UPS chairman and CEO. About UPSUPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. "This contract provides improved wage and benefit coverage for employees and offers needed stability and flexibility that will help UPS compete effectively and remain a preferred employer offering the industry's best jobs." Competitive wage and benefit increases over the 5-year term of the agreement with a new base wage for part-time employees of $10 per hour.