Exhibit 21

SUBSIDIARIES OF UNITED PARCEL SERVICE, INC.

As of February 29, 2008

 

Name of Subsidiary

   Jurisdiction of Organization

United Parcel Service of America, Inc.

   Delaware

United Parcel Service General Services Co.

   Delaware

United Parcel Service Co.

   Delaware

UPS Worldwide Forwarding, Inc.

   Delaware

United Parcel Service, Inc.

   Ohio

United Parcel Service, Inc.

   New York

UPICO Corporation

   Delaware

UPS Supply Chain Solutions, Inc.

   Delaware

UPS International, Inc.

   Delaware

United Parcel Service Deutschland Inc.

   Delaware

Overnite Corporation

   Virginia

UPS Capital Corporation

   Delaware

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