Work Truck chats with CEI, about safety-related trends, the DriverCare suite of products, improving driver safety, and more. Watch!
Drivers are scored on certain behaviors including phone distractions, speeding, harsh acceleration, hard braking, and more.
The truck repair network now includes 1,010 shops that handle medium-duty and heavy-duty trucks and equipment.
A single fatality accident can cost a fleet as much as $7.2 million. There are concrete steps fleet managers can take to prevent crashes, minimize the costs of those that do occur, and recover some funds. The key is following best practices.
Reduced downtime, priority service, increased visibility of accident costs and trends, and additional benefits can be realized by outsourcing some administrative services.
Increased labor rates, additional in-vehicle technology, and environmental regulations are increasing truck accident costs.
Slow retail sales have prompted not only closure of assembly plants, but also component factories, which is delaying parts deliveries. OEMs are also hiking parts prices, with some experiencing double-digit percentage increases.
On average, 20 percent of fleet vehicles are involved in accidents each year. Although this percentage has remained steady from 2005-2007, the cost of repairing these vehicles is rising.
The average fleet claim severity for 2006 was $1,869.87, an increase of $48.81 over 2004. Also experiencing a slight increase in 2006 was the percent of accidents deemed preventable.
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