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United Parcel Service and the Teamsters union are entering their seventh consecutive week of contract negotiations, and the final month of their current contract, with a renewed sense of urgency. The two sides are just beginning to tackle the nitty-gritty of negotiating compromises after examining their initial economic proposals.
Ken Hall, the union's parcel and small-package division director who is heading the Teamsters negotiating team, says the two sides are "far apart" on economic issues. A UPS spokesman remained optimistic that a deal could be reached before the July 31 expiration of the Current five-year deal.
The union presented a majority of its …