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

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1. Name and Address of Reporting Person^*

Guffey Matthew

(Last)

(First)

(Middle)

55 GLENLAKE PARKWAY, NE

(Street)

ATLANTA

30328

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2024

3. Issuer Name and Ticker or Trading Symbol
UNITED PARCEL SERVICE INC [ UPS ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
CHF Commercial & Strategy Off

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

**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 A Common Stock	230.5787⁽¹⁾	D

**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: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Option to Purchase Class A Common	⁽²⁾	02/10/2031	Class A Common Stock	2,428	165.66	D
Option to Purchase Class A Common	⁽³⁾	03/22/2033	Class A Common Stock	2,143	185.54	D
Option to Purchase Class A Common	⁽⁴⁾	03/23/2032	Class A Common Stock	1,335	214.58	D
Restricted Stock Units	⁽⁵⁾	02/01/2026	Class A Common Stock	5,617.4078⁽⁶⁾	⁽⁷⁾	D
Restricted Units 2023	⁽⁸⁾	⁽⁸⁾	Class A Common Stock	1,124.8168⁽⁶⁾	⁽⁸⁾	D

Explanation of Responses:

1. Consist of shares in the reporting person's 401(k) account.

2. Securities vest at the rate of 20% annually beginning on February 10, 2022.

3. Securities vest at the rate of 20% annually beginning on March 22, 2024.

4. Securities vest at the rate of 20% annually beginning on March 23, 2023.

5. Restricted Stock Units (RSUs) vest 25% in February 2024, 25% in February 2025 and 50% in February 2024.

6. Includes dividend equivalent units attributed to the RSUs.

7. RSUs will convert into shares of UPS Class A common stock on a one for one basis.

8. Each unit automatically converts into one share of Class A common stock following the first anniversary of the grant date.

Remarks:

matthewguffey.txt

	Michael Hanson, Power of Attorney	01/10/2024
	** Signature of Reporting Person	Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* 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).

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

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 Number.