Safety Pays
Industry Overview:
TODAY – large truck crashes will cause:
➢14 deaths (4 will be truck drivers) and 425 injuries
➢Economic losses will be over $125 million
Does Investing in Safety Have a Positive ROI?
Can we really reduce crash frequency significantly?
A regional bulk hauler improved safety by using new technologies to engage their drivers in self-improvement. As illustrated, there has been a large reduction in crash frequency. Total crashes per hundred million miles declined by 50%.
Crash Statistics for National Carrier
In 5 years, crash rates decreased by 60% for the National Carrier, and by 50% for the Regional Bulk Carrier.
Total crashes per 100 million miles:
National Carrier: 2019: 46 2025: 18
Regional Bulk Carrier: 2019: 65 2025: 32
Did the investment in safety at the National Carrier, reduce their profit margins?
NO! Operating margins and profitability improved by 30% as shown below.
Improved safety = improved profits!
In 2024, a national carrier also made a huge improvement in safety. The company achieved a 60% reduction in crashes between 2019 and 2024. Total crashes per hundred million miles decreased from 54 (middle of the top 50 carriers) to 18 which leads all carriers.
Data from Safer Reports.
