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Tuesday, December 3, 2002 Annual Survey of Water Carriers2000In 2000, for-hire water carriers earning $500,000 or more reported $2.2 billion in total revenues and $2.1 billion in total expenses, resulting in a profit margin before tax of 5.3%. This was down slightly from 5.8% in 1999. Higher expenses for fuel and oil and for time and voyage charters abroad were the main components contributing to the lower profit margin in 2000. For more information, or to enquire about the concepts, methods or data quality of this release, contact Jean-Robert Larocque (613-951-2486; fax: 613-951-0009; larocque@statcan.gc.ca), Transportation Division. |
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