Teamsters at Air Express International agreed to extend their contract with the company, keeping their current benefits in place until March 2014.
The extension gives both sides breathing room to deal with “substantive operational changes” planned at the U.S.-based company, part of DHL Global Forwarding.
“Rather than continuing with negotiations in this climate of uncertainty, we have agreed to a one-year extension with AEI,” The Teamsters said in a contract update.
In exchange for the extension, AEI agreed to maintain all existing health, welfare and pension benefits funds and increase its contribution rate by up to $1 per hour.
The company also will provide each employee with a $750 bonus within 30 days. The Teamsters represent about 800 employees at Seattle-based AEI.
At DHL Express, Teamster employees are voting on a proposed five-year contract that includes a $1,250 lump-sum payment in lieu of a 2013 wage increase.
The tentative agreement would raise full-time wages by $2.20 an hour in four stages from 2014 through 2016. Ballots mailed in August are due back by Sept. 11.
Teamsters at international express rival UPS approved a multi-year contract in June, but the union and company must renegotiate several rejected regional supplements.
A supplement covering UPS Teamsters in upstate New York was approved Aug. 22. The national contract can’t take effect until all supplements have been ratified.