|By PR Newswire||
|March 6, 2014 03:19 PM EST||
SAN DIEGO, March 6, 2014 /PRNewswire/ -- FleetRisk Advisors, a strategic business unit of Omnitracs, LLC, today announced that multi-national trucking company Schneider will deploy FleetRisk Advisors' Driver Safety and Driver Retention models across its entire fleet. During a three-month pilot using FleetRisk's model, Schneider achieved a significant reduction in crash rates per million miles and driver turnover in the remediated group of drivers. Following these tremendous results, Schneider decided to expand adoption across all lines of business in 22 states and 42 cities, consisting of more than 13,500 drivers.
"I have always believed that crashes don't happen by accident and that prevention is key to safety," said Don Osterberg, senior vice president of safety and security at Schneider. "We have long recognized the power of data, but were impressed by the initial results we saw with FleetRisk's models. This will be an important initiative as we continue to foster a strong safety culture."
Rob Reich, vice president of driver recruiting at Schneider added, "FleetRisk Advisors has been instrumental in helping us lower our turnover by identifying drivers we need to talk to.
In addition to predictive analysis, FleetRisk's remediation plans ensure our fleet managers connect with drivers, facilitating closer relationships to correct issues before they become problems. The result is increased driver satisfaction and reduced churn."
Schneider is the premier provider of truckload, intermodal and logistics services. Offering the broadest portfolio in the industry, Schneider's solutions include Regional, Long-Haul, Expedited, Dedicated, Bulk, Intermodal, Brokerage, Cross-Dock Logistics, Supply Chain Management and Port Logistics.
A $3.6 billion company, Schneider has been delivering superior customer experiences and safely getting it done for nearly 80 years. For more information about Schneider, visit www.schneider.com or follow on Twitter: @WeAreSchneider.
By analyzing a fleet's historical data, FleetRisk's Driver Safety and Retention models identify patterns and/or changes in driver behavior that correlate with preventable crashes and voluntary terminations in the near future. This enables fleets to better identify drivers more likely to be involved in a crash or leave the company and follow the recommended coaching plans to mitigate their risks.
"We have only just begun our journey to realize the widespread benefits predictive analytics and remediation solutions can bring to fleets," said Vikas Jain, vice president and general manager at FleetRisk Advisors. "Schneider's adoption of our predictive analytics technology is further validation that our models are critical to fleet operations—improving safety, driver retention and the bottom line."
For more information on FleetRisk Advisors and its predictive analytics platform, please visit www.fleetriskadvisors.com.
About FleetRisk Advisors
FleetRisk Advisors, a strategic business unit of Omnitracs, LLC, offers a comprehensive, cloud-based predictive analytics and remediation solution for transportation companies. This predictive analytics platform examines and aggregates thousands of data points across an organization to identify the root causes of likely events before they occur, helping companies anticipate future events and prevent them from taking place, such as driver accidents, employee turnover and workers' compensation claims. Its product suite includes predictive modeling solutions for driver fatigue, fleet safety, worker's compensation, recruiting and retention.
 The top 10 percent of drivers most likely to have an accident in the near future as predicted by FleetRisk Advisors were coached with a FleetRisk Advisors recommended remediation plan and as a result had fewer accidents and lower driver turnover than the rest of the driver population.
SOURCE FleetRisk Advisors