The transport hazardous materials poses significant risk to the health,safety and environment of the communities along the routes between a shipper and receiver.Transportation accidents involving hazardous materials occur every year with varying degrees of impact,and for accidents resulting in the release of a hazardous material,the associated financial liabilities from direct impact and class-action lawsuis are often in the hundreds of milions of dollars.Although the financial risk exposure is typically shared among the multiple parties involved,including the transportation company,chemical manufacturer,chemical customer and manufacturers of the transportantion equipment,most companies' contingency plans and insurance are designed to cover the entire risk of the operation.
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