TT Club, the leading transport insurance provider, has revealed the latest estimate of its claims exposure from hurricanes Katrina, Rita and Wilma and announced its underwriting stance for next year's policy renewals.
US President Harry S Truman famously had a sign on his desk that proclaimed "The Buck stops here". Iain Sharples of the Club's Sydney office reports that the Australian government is following that example and introducing legislation to make sure that responsibility for container overloading ends with the company that did it.
The annual Asia Logistics Awards took place in Shanghai last week, with the leading transport insurance provider TT Club once again playing a central role.
We are indebted to the Hazardous Technical Information Services (HTIS) bulletin issued by the Department of Defense in Washington DC for the news that convicted spies, traitors and murderers are no longer allowed to drive vehicles carrying hazardous materials in the USA. While it is unlikely that many people in these categories will be enjoying much freedom at all in the foreseeable future, let alone the freedom to drive vehicles, there is a serious point behind the new rules.
