Article | August 17, 2018

How To Create A Comprehensive Fleet Safety Program

Source: Teletrac Navman

Today’s fleets must contend with a myriad of challenges, from maintaining compliance and avoiding violations to efficient driver routing and meeting customer needs (plus everything else in between). Businesses are seeking solutions to these operational issues to ultimately increase productivity and profits.

Although excessive fuel consumption, government fines, delayed deliveries and underutilization add up, these are not the biggest risks to a fleet’s bottom line. In truth, it is speeding, harsh acceleration, sharp cornering, braking too fast and all other elements of unsafe driving.

Most fleet owners do not realize the full impact that a single safety event can have on their business. The direct costs associated with vehicle repair and insurance payments from an accident are easier to pinpoint:

  • The FMCSA estimates that a truck accident typically costs a company $59,150 in insurance fees, equipment replacement and legal issues
  • A physical injury bumps this figure to $342,000, and a fatality can hike the total to $7.9 million

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