HOME | CONTACT US

Call 817.945.6850

NEWS & REPORTS

SAFETY PROFITS

Mar 8, 2025 | Articles

Increased insurance premiums have driven trucking companies to increase deductibles and amounts of retention.

Couple that with low margins. That makes safety and risk impactful on profits.

ATRI’s Operational Costs of Trucking for 2024 found that the total cost of risk, premium plus “out of pocket” is $0.135/mile; $5.43/hour. The impact is demonstrated by being seen from the perspective of the average profit margins.

Average non-LTL revenue? $3.707/mile. And operating margin? $0.111/mile and $4.471/hour. Less than the total cost of risk.

Want to increase profit? Increase safety and decrease risk.

About the Author

NEWS & REPORTS

Trucking insurance prices at all-time high

Overdrive Staff Watchers credited several factors -- from inflation in equipment and medical costs to nuclear verdicts and pressure to settle suits -- for an unprecedented rise in trucking insurance premiums. The FTC has concluded an investigation into truck OEMs’...

CVSA Releases 2025 Operation Safe Driver Week Results

Washington, D.C. (Oct. 14, 2025) – Law enforcement officers in Canada and the U.S. pulled over 8,739 vehicles during this year’s Operation Safe Driver Week. Officers issued 2,504 tickets/citations and 3,575 warnings to commercial motor vehicle and passenger vehicle...

CVSA News

CVSA Releases 2025 International Roadcheck Results Commercial motor vehicle (CMV) enforcement personnel in Canada, Mexico and the U.S. conducted 56,178 CMV, driver and cargo inspections on May 13-15 as part CVSA's 72-hour International Roadcheck inspection,...

AI taking over trucking inspections?

Land Line Media Artificial intelligence is becoming more and more prevalent in everyday life; the trucking industry is no exception. Autonomous vehicles are being deployed expeditiously, while states have utilized AI technology for truck parking systems, platooning...

Who owns safety in your organization?

Taking responsibility for safety does not merely involve assigning a title; it involves fostering accountability, expertise, and a culture in which each employee takes responsibility for their own safety and the safety of others. Jane Clark Key takeaways Safety...

CATEGORIES