Understanding the Impact of Anticipated Changes

A company involved in the transport of hazardous materials may, or may not, be the industry leader in the risk management of a specific chemical s transport, certain mode of transport, or specific activity (e.g., emergency response). Therefore, instead of conducting an entire risk analysis for these types of activities, benchmarking enables a company to collect, review, understand, and align itself (as necessary) with the leader s practices for these types of movements. 

In addition to benchmarking focused on operating practices, other specifics of the route may be compared using benchmarking, including  

These types of benchmarking issues can be used to identify other issues that may require further analysis due to the potential for severe consequences or higher perceived likelihood for an accident. The issues identified through a qualitative analysis can be directly used as inputs in a semi-quantitative analysis with a focus on developing a better understanding of these issues and their influence on the level of risk, and need for additional risk mitigation measures. 

Equipment details Performance analyses Equipment maintenance Quality assurance Loading/unloading procedures Control systems 

Route analyses and selection Shipment monitoring Security program and practices Carrier selection 

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