Just one liability lawsuit can bankrupt a company
By Adam Danielson, Sales and Business Development Director, SuperVision
We get it, businesses are always trying to save money while increasing profit. At first glance, continuous license monitoring may appear to be an additional unnecessary expense, but this proactive approach yields substantial cost savings for fleet management in the long run.
Myth: Continuous License Monitoring is Too Expensive
Fact: Save money with risky driver alerts.
Across the industry, it is reported that 20% of each fleet is involved in a crash annually. Just one “bent metal” crash cost employers $5,800 on average. For a fleet of 1,000 drivers, that’s 200 crashes and $1.16 million in employer cost per year, if there are no injuries or fatalities. Forty years of continuous license monitoring for a 1,000-driver fleet, on average, costs less for a company than just one fatal accident.
FMW is about to launch our new podcast series, and we’re looking to speak with a variety of industry experts (and we know that many of you are reading!).
Please feel free to suggest yourself, or someone you know. Any and all timely industry topics will be considered!
Email Ted Roberts to learn more: [email protected].
The variability and unpredictability of winter weather can create stressful driving situations, even for folks with lots of road experience during winter months.
Limited daylight hours, changing road conditions and temperatures, snow, ice and other precipitation — as well as other drivers of varying skill levels — often present daunting driving situations.
However, with some planning, preparation and patience, driving can be less harrowing when conditions turn bleak. For veteran snow drivers, the following tips should be considered reminders, and for those less familiar with harsh conditions, these pointers should help make the experience a bit more manageable.
Read the article at MSN.
This story is part of The Year Ahead, CNET's look at how the world will continue to evolve starting in 2022 and beyond.
For as long as there have been smartphones, people have been using them while driving. Usually, it's to the detriment of driver attentiveness, but recent advancements in phone integration, app mirroring and vehicle connectivity are the hope at the bottom of this Pandora's box.
Today, phone mirroring technologies like Android Auto and Apple CarPlay work to help to reduce driver distraction, curating and streamlining our interactions with media and maps. Tomorrow, your phone may bring even more connectivity on the road, hopefully balancing safety as capability grows.
Read the article at Road Show
November was the strongest month on record for all segments of the used medium and heavy truck market.
Buyers continue to pay retail pricing at auctions, to the point where trucks regularly bring higher pricing at auction than retail.
“With current and impending changes to Fed activity, interest rates, COVID stimulus payments and other variables, which our forecasting models incorporate, we are keeping a cautious eye on what will happen to consumer purchasing once these become a reality,” said Chris Visser, commercial truck senior analyst at J.D. Power Valuation Services.
Read the release from J. D. Power Valuation Services