Carriers expand predictive analytics platform

C.R. England and Averitt Express have both expanded their adoption of FleetRisk Advisors’ predictive analytics platform to add models addressing driver retention, recruitment and workers’ compensation.

Both carriers have been long-time customers of FleetRisk Advisors and have seen benefits from the platform, the company said.

For instance, C.R. England has reduced workers’ compensation claims 18% since adoption of FleetRisk Advisor’s workers’ compensation model.

“FleetRisk Advisors allows us to improve driver safety and performance across our company, reducing the number of preventable accidents while improving the bottom line,” said Thom Pronk, corporate vice president of safety, training and recruiting for C. R. England. “We’re broadening our utilization of FleetRisk Advisors’ predictive models to address the critical areas of driver retention and recruitment, both of which pose unique challenges to our industry.”

Averitt said it has seen a 30% reduction in accident rates since adding fleet safety and driver fatigue models. “FleetRisk Advisors’ solutions have taken our safety program to new levels. Now, we’re focused on improving our operating ratio by identifying and taking preventive actions to minimize workers’ compensation claims, which are otherwise disruptive to our customer service and business operations,” said Scott Wolf, vice president of corporate services, Averitt Express. “Our results with FleetRisk Advisors’ technology to date have been remarkable.”

According to FleetRisk Advisor, its products help companies identify the root causes of likely events, such as accidents, driver fatigue and employee turnover, up to 28 days before they occur and recommends remediation steps to help the fleet prevent these events.

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