TITLE

PAYING THE PRICE

AUTHOR(S)
Tindall, Chris
PUB. DATE
April 2006
SOURCE
Commercial Motor;4/6/2006, Vol. 203 Issue 5172, p56
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article focuses on the impact of an explosion at an oil depot in Buncefield in Hemel Hempstead, England in December 2005 on haulage companies. Increase in insurance premiums is expected to hit operators because of the damage from the explosion. David Woodage, operations director for Cheetah Couriers, said that his firm was still uncertain of the total cost of the damage. Besides explosions, incidents like arsons, terrorism and floods can also cause an increase in premiums.
ACCESSION #
20547504

 

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