In 2020, fleet safety will remain top of mind for every transportation company. Safety is a top area of concern for fleets where technology continues to play a large role in improving the well-being of drivers and making safety risks easier to control.
For organizations with large contractor workforces, managing risk by ensuring safety has become increasingly important. Companies rely on comprehensive occupational health and safety training to keep their workers safe and to mitigate supply chain and regulatory risks associated with poor safety adherence among their contractor workforce. They have realized that safety training is not a one-and-done initiative. Technology, regulations, and processes change rapidly, and humans often forget a staggering 70% of new information within a day of learning it, making ongoing refresher safety training a critical component of doing good business.
eMaxx’s captives programmes have delivered a 46 percent reduction in frequency and significant impact in the severity of claim outcomes, one year after the energy captive programs were created, the group has said.
This is the second of a two-part series that looks at commercial truck insurance and how carriers can influence their insurability and affect their rates.
Part 1, “Rise in truck crashes, large payouts, expected to boost insurance renewal rates this year,” can be found here. While some decry mandated electronic tracking as counter-productive, others like Doug Schrier, vice-president of product and innovation at Transflo, believe that ELDs can improve a fleet’s bottom line in the long run. If so equipped, ELDs can go beyond simply logging driver hours to keeping track of driving habits including speeding, hard braking, hard cornering, rapid acceleration and improper lane changes.
This is the first of a two-part series that looks at commercial truck insurance and how carriers can influence their insurability and affect their rates. Read Part 2, “Leveraging technology to calculate insurance risk, improve the bottom line,” at this link.
Beware and prepare. Tractor-trailer insurance rates saw an uptick this year, brought on by a rise in truck crashes and massive settlements and judgements.
A more productive team can be next year’s competitive advantage
Office burnout is a real slippery slope with harmful effects. But what is it exactly? According to the World Health Organization, it is defined as a “state of vital exhaustion.” It is more popularly classified as chronic workplace stress that has not been successfully managed.
While forces affecting the workplace change rapidly—an aging workforce, new work arrangements, and state adoption of medical and recreational marijuana laws—regulatory changes move at a slower pace.
The National Institute for Occupational Safety and Health (NIOSH) usually is at the forefront of workplace safety and health developments. NIOSH Director John Howard, MD, this fall unveiled a new “Future of Work” initiative.