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Driver actions, from seatbelt use to talking or texting on cell phones, can significantly affect company accident rates.
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Slow retail sales have prompted not only closure of assembly plants, but also component factories, which is delaying parts deliveries. OEMs are also hiking parts prices, with some experiencing double-digit percentage increases.
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According to Wayne Smolda of The CEI Group, fleet executives continue to help mentor and guide fleet managers, promoting policy streamlining and strategic initiatives.
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Slow retail sales have prompted not only closure of assembly plants, but also component factories, which is delaying parts deliveries. OEMs are also hiking parts prices, with some experiencing double-digit percentage increases.
Read More →On average, 20 percent of fleet vehicles are involved in accidents each year. Although this percentage has remained steady from 2005-2007, the cost of repairing these vehicles is rising.
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Turning 25 this June, the accident management company looks to new markets and fleet driver safety and risk management to diversify and grow. CEI’s strategy includes expanding into markets defined by geography, sector, and product.
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The average fleet claim severity for 2006 was $1,869.87, an increase of $48.81 over 2004. Also experiencing a slight increase in 2006 was the percent of accidents deemed preventable.
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