A waste management company in London gradually installed telematics in its fleet vehicles. Between 2009 and 2014, when no telematics were used, the annual accident rate was around 96 per year, resulting in a loss of over £250,000.
In 2014, dash cameras were installed in all vehicles. That year’s accident rate fell to 39 and a total cost of just over £110,000. In 2015 the company adopted full telematics devices as well as the cameras. There were just 11 accidents at a cost of £40,000. In other words, within two years the accident rate fell almost nine-fold and accident costs dropped around 84%.
The company’s Managing Director said: “Improving the safety of our logistics operations is a core part of our business strategy and this system has played an important role in helping to improve driver behaviour by providing the evidence of the key areas to work on, which can be tailored for each driver.”