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Dimensional weight, also known as volumetric weight, is a pricing technique for commercial freight transport (including courier and postal services), which uses an estimated weight that is calculated from the length, width and height of a package. The shipping fee is based upon the dimensional weight or the actual weight, whichever is greater.
Many shipping services, especially air carriers, use dimensional weight for calculating the price, which takes into account both weight and volume of the cargo. For example, bulk coal long-distance rates in America are approximately 1 cent/ton-mile. [2] So a 100 car train, each carrying 100 tons, over a distance of 1000 miles, would cost $100,000.
Moody's Ratings estimated that the shutdown could cost the economy up to $341 million per day, a rate equivalent to 4 percent of Canada's GDP. [20] The shutdown would disrupt supply chains across North America as Canada ships most of its exports to the United States by rail. [8]
For example, in 2010 the shipping season was July 28 to November 2. [16] Shallow waters also restrict its development as an ocean port. Despite these restrictions the port remains useful for shipping grain and other bulk cargo because shipping by rail costs several times as much, per ton, as shipping by sea. The port is a compulsory pilotage ...
The GST applies nationally. The HST includes the provincial portion of the sales tax but is administered by the Canada Revenue Agency (CRA) and is applied under the same legislation as the GST. The HST is in effect in Ontario, New Brunswick, Newfoundland and Labrador, Nova Scotia and Prince Edward Island.
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1998: Two shipping lines take delivery of three ships capable of transporting 2,800 TEU containers or the equivalent. 1999: Under the Canada Marine Act, the Montreal Port Corporation becomes the more autonomous Montreal Port Authority. 2000: The Port of Montreal handles more than 1 million TEU containers a year for the first time in its history.
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