-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Mf1ofhJoHbAY6qKEduHa7t14jwXf7ZsS31+au0nLn/DbZiMsFf5R1ZMC4xSVThx6
 Zc77gzn39TqT3U3Og/Ue3g==

<SEC-DOCUMENT>0001227729-03-000001.txt : 20030624
<SEC-HEADER>0001227729-03-000001.hdr.sgml : 20030624
<ACCEPTANCE-DATETIME>20030623182502
ACCESSION NUMBER:		0001227729-03-000001
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030430
FILED AS OF DATE:		20030624

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MCDEVITT JOHN J
		CENTRAL INDEX KEY:			0001227737

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-15451
		FILM NUMBER:		03753997

	BUSINESS ADDRESS:	
		STREET 1:		UPS INVESTOR RELATIONS
		STREET 2:		55 GLENLAKE PKWY NE
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30328
		BUSINESS PHONE:		4048287232

ISSUER:		

	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

	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>4
<SEQUENCE>1
<FILENAME>f4forjjm.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0101</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2003-04-30</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001090727</issuerCik>
        <issuerName>UNITED PARCEL SERVICE INC</issuerName>
        <issuerTradingSymbol>UPS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001227737</rptOwnerCik>
            <rptOwnerName>MCDEVITT JOHN J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Senior</officerTitle>
            <otherText>Vice President</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeSecurity>
        <securityTitle>
            <value>Class A Common Stock</value>
        </securityTitle>
        <transactionDate>
            <value>2003-03-31</value>
        </transactionDate>
        <transactionCoding>
            <transactionFormType>5</transactionFormType>
            <transactionCode>A</transactionCode>
            <equitySwapInvolved>0</equitySwapInvolved>
            <footnoteId id="F1"/>
        </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>8.7719</value>
            </transactionShares>
            <transactionValue>
                <value>51.30</value>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>A</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>72204.4873</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
    </nonDerivativeSecurity>

    <nonDerivativeSecurity>
        <securityTitle>
            <value>Class A Common Stock</value>
        </securityTitle>
        <transactionDate>
            <value>2003-04-30</value>
            <footnoteId id="F2"/>
        </transactionDate>
        <transactionCoding>
            <transactionFormType>4</transactionFormType>
            <transactionCode>M</transactionCode>
            <equitySwapInvolved>0</equitySwapInvolved>
        </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>1726.00</value>
            </transactionShares>
            <transactionValue>
                <value>62.09</value>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>A</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>73930.4873</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
    </nonDerivativeSecurity>

    <nonDerivativeSecurity>
        <securityTitle>
            <value>Class A Common Stock</value>
        </securityTitle>
        <transactionDate>
            <value>2003-04-30</value>
        </transactionDate>
        <transactionCoding>
            <transactionFormType>4</transactionFormType>
            <transactionCode>F</transactionCode>
            <equitySwapInvolved>0</equitySwapInvolved>
            <footnoteId id="F3"/>
        </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>1718.00</value>
            </transactionShares>
            <transactionValue>
                <value>62.09</value>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>D</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>72212.4873</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
    </nonDerivativeSecurity>

    <nonDerivativeSecurity>
        <securityTitle>
            <value>Class A Common Stock</value>
        </securityTitle>
        <transactionDate>
            <value>2003-04-30</value>
            <footnoteId id="F2"/>
        </transactionDate>
        <transactionCoding>
            <transactionFormType>4</transactionFormType>
            <transactionCode>F</transactionCode>
            <equitySwapInvolved>0</equitySwapInvolved>
            <footnoteId id="F4"/>
        </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>8.00</value>
            </transactionShares>
            <transactionValue>
                <value>62.09</value>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>D</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>72204.4873</value>
                <footnoteId id="F5"/>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
    </nonDerivativeSecurity>

    <derivativeSecurity>
        <securityTitle>
            <value>Option to Purchase UPS Class A Common</value>
        </securityTitle>
        <conversionOrExercisePrice>
            <value>16.00</value>
        </conversionOrExercisePrice>
        <transactionDate>
            <value>2003-04-30</value>
        </transactionDate>
        <transactionCoding>
            <transactionFormType>4</transactionFormType>
            <transactionCode>M</transactionCode>
            <equitySwapInvolved>0</equitySwapInvolved>
        </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>6672.00</value>
            </transactionShares>
            <transactionValue>
                <value>0.00</value>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>D</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <exerciseDate>
            <value>1988-08-08</value>
        </exerciseDate>
        <expirationDate>
            <value>2003-04-30</value>
        </expirationDate>
        <underlyingSecurity>
            <underlyingSecurityTitle>
                <value>Class A Common Stock</value>
            </underlyingSecurityTitle>
            <underlyingSecurityShares>
                <value>0.00</value>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>0.00</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
    </derivativeSecurity>

    <derivativeSecurity>
        <securityTitle>
            <value>Phantom Stock Units</value>
        </securityTitle>
        <conversionOrExercisePrice>
            <value>0.00</value>
            <footnoteId id="F6"/>
        </conversionOrExercisePrice>
        <transactionDate>
            <value>2003-04-30</value>
            <footnoteId id="F2"/>
        </transactionDate>
        <transactionCoding>
            <transactionFormType>4</transactionFormType>
            <transactionCode>M</transactionCode>
            <equitySwapInvolved>0</equitySwapInvolved>
            <footnoteId id="F7"/>
        </transactionCoding>
        <transactionAmounts>
            <transactionShares>
                <value>4946.00</value>
            </transactionShares>
            <transactionValue>
                <value>0.00</value>
            </transactionValue>
            <transactionAcquiredDisposedCode>
                <value>A</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <exerciseDate>
            <value>1988-08-08</value>
            <footnoteId id="F8"/>
        </exerciseDate>
        <expirationDate>
            <value>1988-08-08</value>
            <footnoteId id="F8"/>
        </expirationDate>
        <underlyingSecurity>
            <underlyingSecurityTitle>
                <value>Class A Common Stock</value>
            </underlyingSecurityTitle>
            <underlyingSecurityShares>
                <value>0.00</value>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <postTransactionAmounts>
            <sharesOwnedFollowingTransaction>
                <value>18884.337</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>
            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
    </derivativeSecurity>

    <footnotes>
        <footnote id="F1">Shares acquired pursuant to UPS Discounted Employee Stock
Purchase Plan.</footnote>
        <footnote id="F2">The purpose of this amendment is to reflect corrected tax
withholding amounts.</footnote>
        <footnote id="F3">Undersigned surrendered shares for payment of exercise
price of stock option.</footnote>
        <footnote id="F4">Undersigned has elected to have UPS withhold the shares of
UPS stock indicated that would otherwise be issued upon the
exercise of stock option to satisfy withholding tax
obligations.</footnote>
        <footnote id="F5">In addition Child I owns 99 shares and Child II owns 102 shares and Child III owns 99 shares and Child IV owns 102 shares and Spouse owns 13,505 shares.</footnote>
        <footnote id="F6">One for One</footnote>
        <footnote id="F7">Undersigned elected to defer receipt of shares of Class A
common stock issuable upon exercise of stock option,
resulting in the accrual of phantom stock units pursuant to
the UPS Deferred Compensation Plan.</footnote>
        <footnote id="F8">The settlement date of the phantom stock generally will be
the earlier of death, disability, retirement or termination
of employment.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>John J. McDevitt</signatureName>
        <signatureDate>2003-06-23</signatureDate>
    </ownerSignature>

</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----