-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 TxQiY8d5Yb4oKqXIDlWpUNdL5ZkI4SV7VLB41VT92A0YXNuN+spihhyMk5t230yp
 MKsVYp03G5RHjCo1UeQ9wQ==

<SEC-DOCUMENT>0000950144-01-503235.txt : 20010607
<SEC-HEADER>0000950144-01-503235.hdr.sgml : 20010607
ACCESSION NUMBER:		0000950144-01-503235
CONFORMED SUBMISSION TYPE:	424B2
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20010606

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UNITED PARCEL SERVICE INC
		CENTRAL INDEX KEY:			0001090727
		STANDARD INDUSTRIAL CLASSIFICATION:	TRUCKING & COURIER SERVICES (NO AIR) [4210]
		IRS NUMBER:				582480149
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		424B2
		SEC ACT:		
		SEC FILE NUMBER:	333-08369-01
		FILM NUMBER:		1655055

	BUSINESS ADDRESS:	
		STREET 1:		55 GLENLAKE PARKWAY NE
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30328
		BUSINESS PHONE:		4048286000

	MAIL ADDRESS:	
		STREET 1:		55 GLENLAKE PARKWAY NE
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30328
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B2
<SEQUENCE>1
<FILENAME>g69919be424b2.txt
<DESCRIPTION>UNITED PARCEL SERVICE, INC.
<TEXT>

<PAGE>   1

                               PRICING SUPPLEMENT

                                                   Registration No. 333-08369-01
                                                Filed Pursuant to Rule 424(b)(2)

                           United Parcel Service, Inc.

                                    UPS Notes

Pricing Supplement No. 40                                   Trade Date: 06/04/01
(To Prospectus dated March 22, 2000 and Prospectus          Issue Date: 06/07/01
Supplement dated January 29, 2001)

The date of this Pricing Supplement is June 6, 2001

<TABLE>
<CAPTION>
<S>              <C>                  <C>              <C>              <C>
     CUSIP
       or
  Common Code    Principal Amount     Interest Rate    Maturity Date    Price to Public
  -----------    ----------------     -------------    -------------    ---------------
   91131UBR4       $4,996,000.00          6.35%           06/15/11            100%

Interest Payment
   Frequency                             Subject to       Dates and terms of redemption
  (begin date)      Survivor's Option    Redemption      (including the redemption price)
- ----------------    -----------------    ----------      --------------------------------
    12/15/01               Yes              Yes                100%         06/15/02
 semi-annually                                               semi-annually thereafter

                     Discounts and
Proceeds to UPS       Commissions       Reallowance            Dealer           Other Terms
- ---------------      -------------      -----------      ------------------     -----------
 $4,923,558.00         $72,442.00          $2.00         ABN AMRO Financial
                                                           Services, Inc.
</TABLE>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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