risk management

Did you know November is deer mating season? That means drivers run a high risk for collisions with deer and other wildlife. Data from the Insurance Institute for Highway Safety shows that animal-vehicle collisions are two times more likely in November than in any other month of the year.

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Reduce Risk

The business world is full of unknowns. But there are several ways leasing can help operators minimize transportation-related risks so they can focus on their core competencies. Penske Truck Leasing provides a range of services, including helping customers spec the right vehicles and maintaining them throughout the life of the lease. Here are eight ways leasing vehicles helps companies minimize risk.

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If you could invest in something that would save lives and save your company money, would you? Of course you would — and with the continuous evolution of new active safety technologies available on newer trucks, you can.

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The 2022 Telematics Use and Trends study examines who is using telematics devices and how fleet decision makers choose technology and use the information it generates. It found that fleets are using information from telematics devices in several ways, from increasing productivity and improving maintenance tracking, to reducing their fuel spend.

Learn more about how fleets are using telematics and what factors influence their device selection.

"With an increased focus on technology, the whole digital experience becomes more crucial. Solutions need to be simple to use and intuitive. People want to know what critical information they need to act on."

~ 2022 Telematics Use and Trends

Top Findings

  • Larger fleets, and those with more complex business operations, are adopting telematics devices at a higher rate than small fleets.
  • Fleets covering more territory are more likely to use telematics than fleets with coverage in just one territory.
  • Two-thirds of decision makers said they shop telematics solutions across multiple providers, with larger fleets appearing to weigh their options more carefully than small and medium fleets.
  • Cost is among the most important factor influencing purchasing decisions. Decision makers also look at ease of installation and feature availability.
  • More than three-fourths of fleets – 75% – share telematics data with at least one fleet management service provider.

The very nature of maintenance and heavy-duty truck repair work can pose an increased risk of injury to employees. Private fleets that operate a vehicle maintenance facility have most likely experienced the risks and hard costs of hazardous waste, inadequate or outdated tools, and injuries.

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