Best practices for fleet risk management and improved safety

Posted by

hitanshi D.Rathod

The logistics and transportation industry, or any business that relies on fleets to execute its day-to-day operations for that matter, experience a significant liability to on-road risk factors and safety issues. Where accidents result to an average $15,000, the losses caused to driver, fleet and goods safety is huge. The most effective way to minimize such liability is to implement a strategic fleet risk management policy.

Here are the best risk management and safety practices that can ensure a risk-free and safe environment for your fleet and drivers.

Driver Safety

For a risk management program to succeed, the steps are to be inculcated from the very beginning, i.e. hiring the right drivers.

  • Driver Selection Program

Formulate a standardized policy for hiring your drivers. This should cover all the factors based on which a driver will be assessed. Does the driver have the minimum and relevant documentation based on the vehicles used in your business? What is the driver’s performance history? Is the individual adequately trained in executing operations within your industry?

When you introduce a stringent hiring process, it can lead to reduced risks and improved quality in your operations.

  • Driver Monitoring and Coaching

It is essential to ensure a continuous assessment of a driver’s performance. An effective way is to adopt a fleet management system that tracks driver behavior such as speeding, harsh acceleration, hard braking and more. The driver scoring concept can increase engagement within the drivers and motivate them to perform better.

Additionally, an advanced driver monitoring system can monitor driver activities within the vehicle to identify signs of fatigued, under-influence driving and drowsiness. This can drastically reduce the chances of accidents.

Based on the insights collected on individual driver performance, you can introduce an effective driver coaching program to improve their on-road behavior.

Fleet Safety

Keeping your vehicles in top condition is the next crucial step in minimizing risks on the road. Here are a few strategies to minimize fleet-related risks.

  • Regular Fleet Maintenance

One of the critical reasons for accidents is vehicle breakdown. While there are certain issues that may be unexpected, a regular maintenance schedule can minimize such avoidable repairs drastically. Implement a strategic fleet maintenance policy to regularly analyze vehicle condition. This will not only reduce your repair expenses, but it also prevent costly downtime for your business.

  • Day-to-day Inspections

Besides fleet maintenance, it is important to ensure drivers take only safe vehicles on the road. Introduce the practice of conducting daily inspection checklists, pre-job and post-job, to avoid any unexpected issues such as braking problems, seatbelt issues, tire pressure and more.

  • Load Securement

At times, the load can shift and cause major trouble that can result in on-road collisions. Such mishaps risk the driver, fleet and the goods safety. Follow a strict inspection to ensure load securement. Additionally, do make sure that your business complies with the regulations that apply to your load type, commercial vehicle and industry.

The key to a successful fleet risk and safety management strategy is to ensure that the policy is documented, implemented and ingrained within your business operations. Adopt an intelligent way of minimizing liability by switching to a fleet management system that helps in identifying risk factors and making better safety-related decisions.