European transport firms focus on risk management

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According to Marsh, the majority of European transport firms are reviewing their risk management approach

The economic downturn has prompted 73% of Europe’s leading transportation firms to review their approach to risk management, according to Marsh.

The research shows that in addition almost four-fifths of respondents now believe that, as a result of the downturn, risk management has become more important at the most senior levels of their organisation.

Most respondents (54%) felt that the transportation industry had been the sector hardest hit by the economic downturn.

Yet, despite a heightened

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