New Safety Analytics Can Build A Fleet's Bottom Line

By Drew Hamilton, Teletrac

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.