-----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,
 FwkHvJmrlAb8v/7oX1D3FQ+HuaMwHUHupUw3S2I++CERQPBgk2D8N/9kT3HnZT2v
 S7tFeCtB+TEEWmI6owGE6Q==

<SEC-DOCUMENT>0000950144-02-000814.txt : 20020414
<SEC-HEADER>0000950144-02-000814.hdr.sgml : 20020414
ACCESSION NUMBER:		0000950144-02-000814
CONFORMED SUBMISSION TYPE:	424B2
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20020130

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:		1933 Act
		SEC FILE NUMBER:	333-08369-01
		FILM NUMBER:		02521614

	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>g73978e424b2.txt
<DESCRIPTION>UNITED PARCEL SERVICE, INC.
<TEXT>
<PAGE>
                               PRICING SUPPLEMENT

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

                           UNITED PARCEL SERVICE, INC.

                                    UPS NOTES


Pricing Supplement No. 3                                    Trade Date: 01/28/02
(To Prospectus dated March 22, 2000 and Prospectus          Issue Date: 01/31/02
Supplement dated December 20, 2001)

The date of this Pricing Supplement is January 30, 2002


<TABLE>
<CAPTION>
<S>                   <C>                      <C>                     <C>                   <C>
  CUSIP
    or
Common Code           Principal Amount         Interest Rate           Maturity Date         Price to Public
- -----------           ----------------         -------------           -------------         ---------------
 91131UCZ5             $10,730,000.00              6.00%                 01/15/17                 100%
</TABLE>


<TABLE>
<CAPTION>
<S>                     <C>                  <C>                           <C>
Interest Payment
   Frequency                                                                Dates and terms of redemption
  (begin date)          Survivor's Option    Subject to Redemption         (including the redemption price)
- ----------------        -----------------    ---------------------         --------------------------------
    02/15/02                   Yes                    Yes                           100% 01/15/03
    monthly                                                                    semi-annually thereafter
</TABLE>


<TABLE>
<CAPTION>
<S>                       <C>                     <C>                  <C>                       <C>
                          Discounts and
Proceeds to UPS            Commissions            Reallowance                Dealer              Other Terms
- ---------------           --------------          -----------                ------              -----------
 $10,542,225.00            $187,775.00               $3.50             ABN AMRO Financial
                                                                          Services, Inc.
</TABLE>

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