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Total cost of ownership (TCO) is a financial estimate intended to help buyers and owners determine the direct and indirect costs of a product or service. It is a management accounting concept that can be used in full cost accounting or even ecological economics where it includes social costs .
Historically, foreign ownership was a political issue in Canada in the late 1960s and early 1970s, when it was believed by some that U.S. investment had reached new heights (though its levels had actually remained stable for decades), and then in the 1980s, during debates over the Free Trade Agreement.
It has Canada's largest LTL business, [3] largest trucking fleet, [4] and in 2021 was ranked 6th in terms of revenue among both LTL and truckload North American carriers. [ 5 ] [ 6 ] Its trucking fleet consists of over 14,000 company-owned power units, nearly 10,000 owner-operator tractors, nearly 50,000 trailers and over 200 straight trucks .
It was the largest Volvo truck plant in the world, employing close to 3,000 people building multiple models of heavy-duty trucks. [17] On 20 June 2022, Volvo announced that "in the second part of this decade" it would begin making trucks using hydrogen fuel cells with a range of 600 miles, compared to 275 miles for the existing VNR trucks.
A study attempted to quantify the costs of cars (i.e. of car-use and related decisions and activity such as production and transport/infrastructure policy) in conventional currency, finding that the total lifetime cost of cars in Germany is between 0.6 and 1.0 million euros with the share of this cost born by society being between 41% (€4674 ...
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Mexico and Canada are two of the US's largest suppliers of agricultural products and accounted for $45.4 billion and $40.1 billion, respectively, in 2023, per the USDA.
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