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Supreme Court Rejects UPS on Postal Service Delivery Prices

UPS Falls Most in Four Years as Investors Shun Comeback Plan

Photographer: Luke Sharrett/Bloomberg

The U.S. Supreme Court turned away a United Parcel Service Inc. appeal that aimed to force the U.S. Postal Service to raise its prices for delivering packages.

The justices, without comment Monday, left intact an appeals court decision upholding the government’s method for determining how much the Postal Service can charge for parcels. The rebuff is a victory for online retailer Amazon.com Inc., which relies on the Postal Service for deliveries and backed it in the court case.