-----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,
 VGLSgMZCavOeSWb6kZ+X0CUldV28qLWGvo3G1qVIzhpqAmDVF55EY1yhpv7AWraZ
 wNxCH/9AW1lYFD+AEbLcjw==

<SEC-DOCUMENT>0000950144-03-003298.txt : 20030318
<SEC-HEADER>0000950144-03-003298.hdr.sgml : 20030318
<ACCEPTANCE-DATETIME>20030318162953
ACCESSION NUMBER:		0000950144-03-003298
CONFORMED SUBMISSION TYPE:	424B2
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20030318

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:		03607910

	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>g81348e424b2.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. 59                                   Trade Date: 03/17/03
(To Prospectus dated March 22, 2000 and Prospectus          Issue Date: 03/20/03
Supplement dated December 20, 2001)

The date of this Pricing Supplement is March 18, 2003


<TABLE>
<CAPTION>
         CUSIP
           or
      Common Code           Principal Amount         Interest Rate           Maturity Date         Price to Public
      -----------           ----------------         -------------           -------------         ---------------
  <S>                       <C>                      <C>                     <C>                   <C>
       91131UFH2              $2,653,000.00              4.00%                 09/15/13                 100%
</TABLE>


<TABLE>
<CAPTION>
    Interest Payment
       Frequency                                   Subject to           Dates and terms of redemption
      (begin date)          Survivor's Option      Redemption          (including the redemption price)
    ----------------        -----------------    ---------------       --------------------------------
    <S>                     <C>                  <C>                   <C>
        04/15/03                   Yes                  Yes                     100% 03/15/04
        monthly                                                            semi-annually thereafter
</TABLE>


<TABLE>
<CAPTION>
                              Discounts and
    Proceeds to UPS            Commissions            Reallowance                Dealer              Other Terms
    ---------------            -----------            -----------                ------              -----------
    <S>                       <C>                     <C>                  <C>                       <C>
     $2,613,868.25             $39,131.75                $2.00             ABN AMRO Financial
                                                                             Services, Inc.
</TABLE>


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