New DriveCam Insights: Focus on Tanker Fleets

SAN DIEGO--DriveCam Inc., a global Driver Risk Management company, continues its Insights Series™ by focusing on the frequency of collisions and near collisions by month of the year, day of the week and hour of the day for commercial tanker vehicles. Designed to provide insight for executives and managers throughout a variety of transportation industries, DriveCam’s Insights Series is derived from DriveCam’s extensive database of driving events from 2 billion driving miles – the largest in the world.

DriveCam’s Video Event Recorder is capable of not only identifying collisions, it also allows DriveCam to identify near collisions that could have been avoided. This study focuses on the distribution of the collisions and near collisions identified in 2009 by month, day and hour; specifically comparing commercial tanker fleets to an aggregation of commercial fleets in various other industries (construction, energy, transit, telco, utilities, long-haul trucking/distribution and waste).

Collisions/Near Collisions by Month of the Year

• The frequency of collisions and near collisions among tanker vehicles deviates from other commercial vehicle types several times during the year.
• Tanker collisions/near collisions peak in August (13% compared to 8% in other industries) and are higher than other industries in April (10% vs. 8%) and May (11% vs. 7%).
• Conversely, tanker collision/near collision frequency lags other industries in November (6% vs. 9%) and December (2% vs. 9%).

Collisions/Near Collisions by Day of Week

• Tanker collisions/near collisions peaked on Wednesdays (20%) during 2009.
• Sunday collision/near collision frequency is higher among tankers compared to other vehicles (10% vs. 4%).
• However, collision/near collisions were lower on Mondays when compared with vehicles in other industries (12% vs. 16%).

Collisions/Near Collisions by Hour of Day

• The frequency of collisions/near collisions among tankers is primarily concentrated during the 11AM to 6PM and 8PM to 3AM timeframes (40% and 37% respectively), compared to other industries’ concentration from 12PM to 11PM (71%).
• Collisions/near collisions most frequently occurred between 12AM and 1AM, 12PM and 1PM, and 2PM and 3PM (nearly 7% of collisions/near collisions in each hour).

For more details and graphs, please go to www.drivecam.com/fleet/insights.aspx.

About DriveCam Inc.

DriveCam is a global Driver Risk Management company that dramatically reduces fuel expenses and claims costs – while saving lives – by improving the way people drive. By combining sight and sound, expert analysis and driver coaching, DriveCam has reduced vehicle damages, workers' compensation and personal injury costs by more than 50 percent and fuel consumption by up to 10% in over 130,000 commercial and government vehicles. DriveCam has analyzed data from over 2 billion driving miles and holds the world's largest database of actual risky driving events, which the company uses to continually improve its proprietary analytics and scoring. DriveCam has been included on Inc. Magazine’s list of the 500 fastest-growing, privately held companies in the U.S. for three consecutive years and was most recently listed as #30 in The Wall Street Journal’s latest listing of Top 50 Venture-Backed Companies, “The Next Big Thing.�?? For more information, visit www.drivecam.com.