SAFETY: The company president shares how a stronger safety culture evolved from experience with a pandemic and tornado.
Several thousand vehicles that were flooded and damaged during tropical storm Barry may reappear for sale across the country in the coming months, warns the National Insurance Crime Bureau.
Used-vehicle auctions have started resuming regular business hours following the effects of Hurricane Florence, which had less of an impact on the U.S vehicle market than Hurricanes Harvey and Irma in 2017.
After the heavy rains brought by Florence to the Carolinas stopped, estimates about the number of vehicles that were destroyed by the storm began to roll in that made it clear the storm would have far less of an impact that the pair of storms that reached Texas and Florida a year ago.
Insurance Auto Auctions has taken steps to prepare its auctions for Hurricane Florence with lessons the company's leaders learned from last year's hurricanes, said John Kett, the company's chief executive and president.
While market watchers agree that Hurricane Harvey's impact stretches beyond Houston-area automotive business, estimates on exactly how many vehicles will need to be replaced vary between half a million and million vehicles, including as many as 18,500 fleet vehicles.
Insurance Auto Auctions, Inc. (IAA) has secured 22 locations across 10 states in preparation of the storm season to better manage salvage inventory from potentially catastrophic events, according to a company announcement.
Copart Inc. has activated reserve land in Georgia and Virginia, in addition to the expansion of existing locations in North Carolina, South Carolina, and Florida. The land expansions and activations are connected to Hurricane Matthew, allowing Copart’s Catastrophe Response Team to provide even greater service in response to weather-related damage.
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