How Safety Fits Into Your Trucking Operation's Profitability

Discover how safety compliance and the right technologies can improve your trucking operation's profitability. Learn how to leverage FMCSA regulations, DVIR inspections, and telematics to boost fleet efficiency and reduce costs.
December 17, 2024 | Trucker
By: Cliff J.
I bring over 30 years of trucking industry experience to Acuity. I worked my way up from driving to managing the safety operations of a transportation company, culminating in owning and managing my own regional trucking company. My main goal at Acuity is to help you, the motor carrier, the owner/operator and the driver better understand the insurance industry and help shape Acuity’s products and services to better meet your needs. I regularly provide ongoing trucking training to Acuity employees to help them understand the unique needs of those in the trucking/transportation industry. With over 30 years in the transportation sector, as both a company driver and as owner and manager of a trucking company, I have first-hand experience that helps me understand the challenges truckers’ face, and detailed knowledge of transportation regulations. My experience coupled with a background in insurance loss control can help answer and provide solutions to any issues that may arise.

If you're running your own trucking operation today, you're likely already managing freight tonnage and operating costs well. But where does safety fit into the profitability equation? With so many fleet safety products available, it can be overwhelming to know where to begin.
 

The best place to start is with state and federal trucking regulation compliance. I understand that as an independent group, we may not love being told what to do, but many regulations are common-sense measures you would likely take before putting someone in your $100,000–$250,000 piece of equipment.
 

One great example is the CSA score in the Maintenance Basic. Many fleet owners get frustrated with this Basic, spending hundreds of thousands of dollars upgrading equipment to address their problems. Often, it's not the equipment but a few vehicles, a couple of drivers, or maintenance shop practices causing the issue. If DVIR/post-trip inspections aren’t enforced and audited, these problems can go unnoticed.
 

To determine how you're doing with Basic compliance, try using the FMCSA's Carrier Compliance Questionnaire, available in the Acuity Motor Carrier Toolbox. Once completed, prioritize areas needing improvement and implement changes. After making improvements, it’s critical to audit the results. This should be done by top management or someone very familiar with your company’s operations. Are you achieving the results you expected? If not, adjust your policies and procedures accordingly.
 

In addition to compliance, leveraging technology can make a huge difference. Telematics and driver-assistance systems provide real-time monitoring of your fleet’s safety. These systems help prevent accidents, reduce downtime, and ultimately improve profitability.
 

By combining regulatory compliance with proactive safety technologies, you can enhance safety and boost the profitability of your trucking operation.

By: Cliff J.
I bring over 30 years of trucking industry experience to Acuity. I worked my way up from driving to managing the safety operations of a transportation company, culminating in owning and managing my own regional trucking company. My main goal at Acuity is to help you, the motor carrier, the owner/operator and the driver better understand the insurance industry and help shape Acuity’s products and services to better meet your needs. I regularly provide ongoing trucking training to Acuity employees to help them understand the unique needs of those in the trucking/transportation industry. With over 30 years in the transportation sector, as both a company driver and as owner and manager of a trucking company, I have first-hand experience that helps me understand the challenges truckers’ face, and detailed knowledge of transportation regulations. My experience coupled with a background in insurance loss control can help answer and provide solutions to any issues that may arise.