Ontario Trucking Association

Ontario Trucking Association

November 16, 2005 13:00 ET

Insurance Companies in Support of Ontario Trucking Association Proposal on Truck Speed Limiters

TORONTO, ONTARIO--(CCNMatthews - Nov. 15, 2005) -

Under OTA proposal trucks would be able to travel at no more than 105 kph

An Ontario Trucking Association proposal calling upon the provincial government to introduce a law that would make it mandatory for truck speed limiters, or governors, to be activated and set at a maximum speed of no more than 105 kilometres per hour (kph), has been endorsed by at least two top commercial vehicle insurance companies. The OTA policy was announced today at the association's Annual General Meeting in Toronto.

In a letter to OTA, Tat Wong, Underwriting Manager for Old Republic Insurance Company of Canada, says: "We are fully supportive of this policy and encourage its immediate adoption in Ontario and strongly encourage all Canadian jurisdictions to adopt the key elements of this policy. We believe in the science behind the research forming the basis of this policy, which is 'speed' is a contributor to most accidents, especially contributing to severe catastrophic accidents."

Markel Insurance Company of Canada, Vice President of Underwriting, T.E. Courtney, says: "The OTA's report on speed-limiting devices in trucks provides a strong argument for the mandatory use of such devices in the North American transportation industry. While no single solution can guarantee safer roadways, extensive evidence supports the assertion that reducing the speed of trucks on major highways results in less serious accidents."

About OTA: The Ontario Trucking Association (OTA) is a business association representing motor carriers operating into, out of and within Ontario. The trucking industry is one of Ontario's largest employers. Trucks haul 90% of all consumer products and foodstuffs produced and consumed in the province and 80% of Ontario's trade with the United States. Founded in 1926, the association's membership comprises trucking companies of all sizes, shipping all types of commodities, from all regions of North America. OTA is a member of the Canadian Trucking Alliance.

Ontario Trucking Association
555 Dixon Road
Toronto, Ontario
M9W 1H8
Ph: (416) 249-7401
Fax: (416) 245-6152

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