NTL Record

Title Hazardous materials incident costs : estimating the costs of the March 25, 2004, tanker truck crash in Bridgeport, Connecticut
Record ID 60806
Personal Name
Creator
Peirce, Sean; Radin, Sari; Sor, Sodany
Source 25p.
Corporate Creator John A. Volpe National Transportation Systems Center (U.S.)
Corporate
Contributor
United States. Department of Transportation. Office of Hazardous Materials Safety
Publisher John A. Volpe National Transportation Systems Center (U.S.)
Publication Date 20040800
Language English
Abstract Significant variations in the reporting of hazardous materials incident costs are illustrated using a case study of the March 2004 crash of a fuel tanker truck on Interstate 95 in Bridgeport, Connecticut. Three separate cost estimates are presented, based on the Hazardous Materials Incident Report filed by the carrier, reports in the media, and independent follow-up research and interviews. Overall, the costs of the incident, including emergency response, property damage, product loss and other costs, were estimated by the carrier to be $3.2 million. For reasons that are detailed in the report, this estimate substantially understated the actual total costs, which are estimated to be in the range of $7.4 to $8.4 million.
Rosap ID dot:12414
Rosap URL https://rosap.ntl.bts.gov/view/dot/12414
TRT Terms Hazardous materials; Costs; Enviromental spills; Crash reports; News; Interviewing; Tankers
General Subjects Incident reporting; Incident costs
Classification NTL - ECONOMICS AND FINANCE - ECONOMICS AND FINANCE
Geographical
Coverage
Connecticut
TRIS Online
Accession No
1634625
Availability Volpe National Transportation Systems Center, Technical Reference Center
Resource type Tech Report
URL https://ntlrepository.blob.core.windows.net/lib/60000/60800/60806/I_95_Hazmat_Incident_Costs_Report.pdf
Format PDF
Database NTL Digital Repository