Category: increasing costs

Keeping Up With Inflation: FedEx Announces Biggest Ever General Rate Increase

FedEx has announced plans to increase its general tariff rates by its biggest margin as the company grapples with inflation and slowing business. “Effective January 2, 2023, FedEx Express, FedEx Ground, and FedEx Home Delivery rates will increase by an average of 6.9 percent,” the company said in a news release on Sept. 22. The general rate…

Without Nuclear Power Green Energy Costs Will Skyrocket, Experts Claim

As the United States transitions to renewable energy, experts say costs could increase exponentially. Nuclear industry organization SMR Start released a 2021 report examining the costs of transitioning the electric grid to renewable energy. It found that the effective cost of covering demand using only solar would be between $216.4 per megawatt hour and $274/MWh….