Exhibit 21

SUBSIDIARIES OF UNITED PARCEL SERVICE, INC.

As of December 31, 2009

 

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

United Parcel Service Co.

   Delaware

United Parcel Service General Services Co.

   Delaware

UPS Limited

   United Kingdom

United Parcel Service of America, Inc.

   Delaware

United Parcel Service, Inc.

   Ohio

UPINSCO, Inc.

   Virgin Islands

United Parcel Service Canada Ltd.

   Canada

UPS Capital Business Credit

   Connecticut

UPS Capital Corporation

   Delaware

United Parcel Service Deutschland Inc.

   Delaware

UPS Ground Freight, Inc.

   Virginia

UPS Supply Chain Solutions, Inc.

   Delaware

UPS Worldwide Forwarding, Inc.

   Delaware

UPICO Corporation

   Delaware

UPS Europe SA

   Belgium

UPS SCS, Inc. (Canada)

   Canada

UPS SCS GmbH & Co OHG

   Germany

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