USPS raises some shipping rates ahead of holiday season

(InvestigateTV) — The U.S. Postal Service is temporarily raising prices on some package deliveries ahead of the holiday season. A shipping industry expert says the cost could eventually land on consumers’ receipts.USPS said in a press release the temporary rates apply to some Priority Mail, Ground Advantage and Parcel Select shipments starting Oct. 4 and will stay in place through mid-January.In its announcement, the Postal Service said the adjustment is “to help cover extra handling costs to ensure a successful peak season.”Joseph DiSorbo, founder and CEO of SHIP.com, said the rate increase is tied to several factors.“It’s probably tied to some diesel costs, but I also think it’s just tied to the USPS not really making money and they’re trying to get their financials correct,” DiSorbo said.Impact on retailersDiSorbo said small retailers under pressure from larger retailers may have to absorb some of the added costs, which would affect their margins in the short term.“I would say on th