Costco and the Teamsters union have reached a tentative settlement on a brand new contract, avoiding a strike, the union mentioned Saturday. Teamsters spokesman Matthew McQuaid confirmed the settlement, which should be accepted by members. Particulars of the settlement weren’t instantly obtainable. The Related Press left a message in search of remark with Costco. The Teamsters union represents 18,000 Costco employees in six states: California, Washington, Maryland, Virginia, New Jersey and New York. General, Costco has 219,000 U.S. workers and 617 U.S. shops. The corporate mentioned its labor settlement with the Teamsters applies to lower than 10% of these shops.…
