Exhibit 21


SUBSIDIARIES OF UNITED PARCEL SERVICE, INC.
As of December 31, 2019



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, LLC
Delaware
Coyote Logistics Midco, Inc.
Delaware
Marken LLP
Delaware
UPS Asia Group Pte. Ltd.
Singapore
United Parcel Service Canada Ltd.
Canada
United Parcel Service Co.
Ohio
United Parcel Service General Services Co.
Delaware
United Parcel Service Italia SRL
Italy
UPS SCS (Nederland) B.V.
Netherlands
United Parcel Service of America, Inc.
Delaware
United Parcel Service LLC & Co. OHG
Germany
United Parcel Service, Inc.
Delaware
UPICO Corporation
Delaware
UPINSCO, Inc.
U.S. Virgin Islands
United Parcel Service Deutschland S.à r.l. & Co. OHG
Germany
UPS Expedited Mail Services, Inc.
Delaware
United Parcel Service France SAS
France
UPS Global Treasury Plc
United Kingdom
UPS Ground Freight, Inc.
Virginia
UPS Grundstucksverwaltungs GmbH
Germany
UPS Limited
United Kingdom
UPS Parcel Delivery Service Limited
Hong Kong
UPS SCS, Inc.
Canada
UPS Supply Chain Solutions, Inc.
Delaware
UPS Worldwide Forwarding, Inc.
Delaware
X4i Limited
United Kingdom


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