Item 8.01. Other Events.

On January 10, 2008, United Parcel Service, Inc. (the "Company") entered into an agreement (the "Underwriting Agreement") with Citigroup Global Markets, Inc., Goldman, Sachs & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. Incorporated, as representatives of the underwriters listed on Schedule II thereto (the "Underwriters"), whereby the Company agreed to sell and the Underwriters agreed to purchase from the Company, subject to and upon the terms and conditions set forth in the Underwriting Agreement, $1,750,000,000 aggregate principal amount of 4.50% Senior Notes due January 15, 2013, $750,000,000 aggregate principal amount of 5.50% Senior Notes due January 15, 2018 and $1,500,000,000 aggregate principal amount of 6.20% Senior Notes due January 15, 2038 (the "Transaction").

A copy of the Underwriting Agreement is attached hereto as Exhibit 1.1 and is incorporated herein by reference. The foregoing summary does not purport to be complete and is qualified in its entirety by reference to the Underwriting Agreement.

The Company is filing this Current Report on Form 8-K so as to file with the Securities and Exchange Commission certain items related to the Transaction that are to be incorporated by reference into its Registration Statement on Form S-3ASR (Registration No. 333-147737).

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

1.1 Underwriting Agreement

4.1 Form of Note for 4.50% Senior Notes due January 15, 2013

4.2 Form of Note for 5.50% Senior Notes due January 15, 2018

4.3 Form of Note for 6.20% Senior Notes due January 15, 2038

5.1 Opinion of King & Spalding LLP

23.1 Consent of King & Spalding LLP (included in Exhibit 5.1)

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