Exhibit 21


SUBSIDIARIES OF UNITED PARCEL SERVICE, INC.
As of December 31, 2016



Name of Subsidiary
Jurisdiction of Organization
BT Property Holdings, Inc.
Delaware
BT Realty II, Inc.
Maryland
BT Realty, Inc.
Maryland
C.C. & E.I., L.L.C.
Delaware
Coyote Logistics Midco, Inc.
Delaware
Coyote Logistics, LLC
Delaware
United Parcel Service Canada Ltd.
Canada
United Parcel Service Co.
Delaware
United Parcel Service Deutschland Inc and Co OHG
Germany
United Parcel Service France SNC
France
United Parcel Service General Services Co.
Delaware
United Parcel Service Italia SRL
Italy
United Parcel Service of America, Inc.
Delaware
United Parcel Service, Inc.
Ohio
UPICO Corporation
Delaware
UPINSCO, Inc.
Virgin Islands
UPS Asia Group Pte. Ltd.
Singapore
UPS Capital Corporation
Delaware
UPS Expedited Mail Services, Inc.
Delaware
UPS Global Treasury Plc
United Kingdom
UPS Ground Freight, Inc.
Virginia
UPS Limited
United Kingdom
UPS SCS, Inc.
Canada
The UPS Store, Inc.
Delaware
UPS Supply Chain Solutions, Inc.
Delaware
UPS Worldwide Forwarding, Inc.
Delaware


The names of particular subsidiaries are omitted pursuant to Item 601(b)(21)(ii) of Regulation S-K.