Recent News & Updates

Announcing the SpeedGauge Safety Score

Jonathan Hubbard, CEO and Co-Founder

 

Have you ever wanted to know how your fleet’s safety performance compares to your competitors?

 

SpeedGauge is pleased to announce the beta release of SpeedGauge Safety ScoreTM, a risk-weighted score of fleet speed performance calculated on a monthly basis and provided to all SpeedGauge fleets. Log in to see you SpeedGauge Safety Score today.

 

The Safety Score uses a proprietary methodology developed by SpeedGauge to compare the behavior of hundreds of thousands of vehicles currently using the SpeedGauge Safety CenterTM. Available to all SpeedGauge users, the Safety Score compares fleets to others within the same country. More than a raw speeding percentage, the score allows for a reliable comparison between carriers of all sizes and types.

 

Where do you rank?

 

In addition to receiving a score on the familiar 350-850 point scale commonly found in financial credit scoring systems, SpeedGauge Safety Center subscribers will see a ranked comparison showing how their score compares to other Safety Center subscribers.

 

This initial beta version of the Safety Score has been released with the objective of receiving feedback and input from our Safety Center users. In particular, we are interested to know how subscribers would like to use their scores as a benchmark for improvement when compared to other like fleets. If you have a moment, please consider taking our survey to provide your feedback - it will be greatly appreciated.

 

Congratulations to those with the highest scores! And to those in need of improvement, we look forward to continuing to work with you to improve your scores and improve the safety of your fleet. For free, hands-on coaching and safety performance evaluations, contact support@speedgauge.net and watch your score improve!

Posted by jhubbard on April 7th, 2016


The Myth of the Million Mile Safe Driver

by Jonathan Hubbard, CEO, SpeedGauge

 

Any professional driver who drives a million miles without an accident deserves respect and praise. Fleets know this, and they take the time to acknowledge the achievement. In fact, the “Million Mile Safety Bonus” is an important part of many fleet safety programs.

But should it be?

At SpeedGauge, we believe that all long-term drivers deserve our praise and recognition. It takes great self-discipline, focus and commitment to drive a truck, day after day for miles on end. Anyone who can maintain such professional focus year after year deserves praise.

That said, I would argue that statistically-speaking it doesn’t really make a whole lot of sense to assign special praise to the drivers who reach the million mile mark without an accident. In fact, statistical probability shows that high-risk drivers are very likely being recognized for accident-free driving thanks to simple luck, while safer drivers are passed over for years at a time without recognition simply because they haven’t logged the same mileage or enjoyed the same luck.

Don’t get me wrong, individual driver performance plays a huge role in the overall safety record of a fleet. However, the accident rate of an individual driver provides little insight into the safety of his driving behavior.

According to the US Department of Transportation, heavy trucks were involved in 275,484 police-reported crashes in 2010. If there are 3.5 million commercial drivers (and we assume everyone covers roughly equivalent mileage each year), the chances of being one of the unlucky few to be involved in a crash is less than 8%.

If we project that accident risk over time, we see it go up with mileage, but not as much as you might think:

year miles driven accident risk
1 115,000 7.8%
2 230,000 14.9%
3 345,000 21.6%
4 460,000 27.7%
5 575,000 33.3%
6 690,000 38.5%
7 805,000 38.5%
8 920,000 47.7%
9 1,035,000 51.8%

 

If we assume that the average driver covers 115,000 miles each year, it takes 9 years to cover 1 million miles. I wouldn’t want someone driving my car for 9 years before I can decide if he’s a safe driver. In fact, I want to identify unsafe drivers much sooner. The key to overall fleet safety is to reward safe drivers as soon and as often as possible, and coach unsafe drivers before it’s too late.

 

Granted, as time goes on, drivers’ odds of meeting an accident do go up. However, at the million mile mark, your average driver is still almost exactly as likely to have avoided an accident as to have ended up in one. If half of your drivers are “million mile safe drivers,” is it still a major distinction? It takes a million miles driven just to reach the same odds as a coin toss! A 50/50 chance of ...

Posted by jhubbard on February 24th, 2016


Telematics and IoT (Internet of Things)

Once upon a time, you could define “the internet” as something you used to send email - it kept your computer busy and your phone line tied up. But as phone lines gave way to cable, wireless, 3G, 4G, and whatever’s next, it’s time to think about the internet using a sort of Murphy’s Law of connectivity: whatever can be connected to it, will be. 

Welcome to the Internet of Things — and as a fleet operator, you’re going to start hearing from your trucks more often. They’ll be checking in to tell you where they are, how fast they’re going, whether they’re low on fuel, need air in the tires, or are just passing through particularly cold or hot weather. Thanks to the emerging field of fleet telematics, managers and drivers get feedback that allows them to change their practices for the better: improve route planning, change resting points for better driver alertness, even suss out the most fuel-efficient speed for specific loads on specific road surfaces. 

Imagine predictive maintenance schedules, with trucks rolling into shops where the mechanics have known what work would be needed before the engine was even purchased — based on usage data mined from the rest of your fleet and updated as the truck in question moved through its service life.

If it all sounds like science fiction (and perhaps a great way to save money), it’s a bit of both; adoption hurdles remain, not the least of which is building (and supporting) the infrastructure that will allow an exponentially-growing number of machines to talk to each other. 

But improved knowledge about your assets will make your fleet work better. That’s the promise of widespread telematics, a future where collecting and analyzing fleet data is more than just a competitive edge — it’s practically compulsory.

Posted by bobby on July 2nd, 2014


Data Without Insight Is Just A Set Of Numbers

Knowing what to do with it is key to improving performance…

There's a sense that the more data points we collect, the better decisions our fleet managers should be able to make; by all rights these days we should have the most efficient fleet operations ever.

But the truth is far less glamorous: as more data piles in, we seem to be sorting it increasingly poorly -- expanding the gap between data and information. A survey of fleet managers found nearly 1/3 of them had little faith in their organizations' ability to use collected data to make good decisions -- rating the process ineffective or extremely ineffective. Worse still, during a period of unprecedented expansion in data collection, just 1 in 5 think they're getting the data they need to improve their operations.

The term here is "information overload." Just as the psychological condition leads to an inability to make decisions in people, the business condition does the same to organizations. To fix it, start with figuring out what's important. Are you looking to improve safety? Decrease driver turnover? You can't chart your course without some idea of where you want to go.

Data is like the ingredients in a recipe. You don't need to know how to grind flour to tell whether a cake is any good. Likewise, you shouldn't need an advanced degree in statistics to interpret reports about your fleet data. Avoid the temptation to watch data as it's streaming in and trying to improve numbers in real time. Instead, watch trends for a better understanding of effective changes you can make going forward.

Posted by bobby on June 12th, 2014