Truck accidents cost SA economy R306bn

Light delivery vehicles and heavy haul trucks cause more than a quarter (27.5%) of road accidents, with the direct cost to the economy estimated at R306 billion, according to Arrive Alive. “This includes clearing accident scenes, hospital care and police time. There are also the indirect costs of work hours lost, delayed delivery and damaged cargo,” said Arnoux Maré, managing director of Innovative Staffing Solutions. In addition there was the cost of higher vehicle insurance premiums charged by insurance companies, he added.