The Outcomes for the company:
This incident that occurred on the 8/10/2013
- In the immediate days after the accident 201 trucks and trailers of the Victorian fleet were inspected, and that of 177 defect notices issued, 67 were major safety breaches. 8 vehicles were also grounded.
- The company was fined more than $50,000 by a Victorian magistrate for operating unsafe vehicles following an investigation sparked by the fatal road crash.
- The company was facing maximum fines totalling more than $2 million, however the magistrates ruling of $440,900 in fines was instead imposed in relation to hundreds of breaches found across ‘Cootes' NSW fleet. $64,675 was also required to cover court costs and a further $18,870 went to the ‘Victims’ Support Levy.
- They also had to decommission 174 trucks and 249 tankers nationally after the incident over the next 3 years.
- Millions of dollars were also lost in contracts, damage to the company’s name and reputation.
- McAleese Ltd also suffered share price plunge by up to 64% following the accident.
- The company went into administration and collapsed in August 2016.
- The toll of this accident would be even greater under the new CoR HVNL reforms that come into effect in October 2018.
- They are also responsible for the deaths of two people and injuring a further 5.
This accident highlights the importance of having a robust and thorough compliance system that is working correctly and up to date. For your FREE report on the 10 MUST do compliance actions.
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