Pilots for UPS have voted to approve a two-year extension of their labor contract.
The pilots for the company's cargo carrier, who are represented by the Independent Pilots Association, voted 98.9% in favor of the contract extension.
"This contract extension provides stability for both UPS and our pilots as we jointly face unprecedented times in our industry," Independent Pilots Association President Robert Travis said in a written statement.
UPS has more than 2,900 pilots, and more than 95% of its eligible members cast ballots.
The company said the new agreement includes annual raises, continued benefits and retirement contributions, and it keeps other terms in place.
"UPS is pleased to extend this mutually favorable agreement," the company said in a written statement.
The two sides in early February announced the tentative agreement for the extension, subject to ratification by pilots. The pilots' current contract ends Sept. 1, 2021, and the new agreement extends the contract until Sept. 1, 2023.
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