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What is the role of insurance in transportation risk management? 2 . Describe the concepts of disruptions and risks as they apply to transportation. Why

What is the role of insurance in transportation risk management?
2. Describe the concepts of disruptions and risks as they apply to transportation. Why are they important from financial and service standpoints?
3. Risk management consists of a series of steps that should be followed to reduce the consequences of disruptions. Briefly discuss these steps.

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