New Safety Analytics Can Build A Fleet’s Bottom Line

“A myriad of independent studies have repeatedly demonstrated the obvious tie between fleet safety performance indicators and accidents involving commercial vehicles. These studies also quantify the staggering cost burdens and productivity losses commercial vehicle accidents place upon fleets. Safety monitoring, analysis, and assertive response together comprise a cost-effective fleet management strategy. Operations managers and business owners increasingly agree with this view, seeing safety not just as a cost center and compliance issue but as a strategic business priority to help trim costs and boost efficiency.

Fleet managers have long sought continuous improvement in driving behavior and highway safety performance to instill a “safety culture” in their businesses. GPS vehicle tracking and related telematics technologies have now reached a critical mass, which enable fleets to take safety management to an entirely new level. New analytical tools are giving managers powerful control over fleet safety and new ways to control costs, mitigate risk, and ensure DOT/FMCSA compliance.” – Drew Hamilton, Field Technologies, December 2011 issue

To read the rest of the article, which includes measuring fleet safety and the bottom-line benefits, click here.