FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
  Cesarone Nando
 2. Date of Event Requiring Statement (Month/Day/Year)
03/05/2018		 3. Issuer Name and Ticker or Trading Symbol
UNITED PARCEL SERVICE INC [UPS]
(Last)
(First)
(Middle)
55 GLENLAKE PARKWAY, NE		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, UPS International
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

ATLANTA, GA 30328		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Class B Common Stock 1
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Purchase UPS Class A Common   (1) 03/02/2026 Class A Common Stock 2,864 $ 98.77 D  
Option to Purchase UPS Class A Common   (2) 03/02/2025 Class A Common Stock 2,437 $ 101.93 D  
Option to Purchase UPS Class A Common   (3) 03/01/2027 Class A Common Stock 3,673 $ 106.87 D  
Restricted Performance Units   (4) 01/15/2019 Class A Common Stock 826 $ (5) D  
Restricted Performance Units   (6) 01/15/2020 Class A Common Stock 969 $ (5) D  
Restricted Performance Units 12/31/2017 12/31/2017 Class A Common Stock 4,246 $ (7) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Cesarone Nando
55 GLENLAKE PARKWAY, NE
ATLANTA, GA 30328		       President, UPS International  

Signatures

Stephen Knapp, Power of Attorney 03/13/2018
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Securities vest at the rate of 20% annually beginning March 2, 2017.
(2) Securities vest at the rate of 20% annually beginning March 2, 2016.
(3) Securities vest at the rate of 20% annually beginning March 1, 2018.
(4) Securities vest at the rate of 20% the first year, 20% the second year and 60% the third year. Vesting began January 15, 2017.
(5) Represents Restricted Performance Units (RPUs) granted as Management Incentive Awards under the United Parcel Service, Inc. Incentive Compensation Plan. Each RPU represents the right to receive one share of Class A common stock.
(6) Securities vest at the rate of 20% the first year, 20% the second year and 60% the third year. Vesting began January 15, 2018.
(7) Represents Restricted Performance Units (RPUs) granted as Long-Term Incentive Performance Awards under the United Parcel Service, Inc. Incentive Compensation Plan. Each RPU represents the right to receive one share of Class A common stock.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.