Acceptable loss ratio

Discussion in 'Report A BAD Trucking Company Here' started by Chasingthesky, May 22, 2016.

  1. Chasingthesky

    Chasingthesky Heavy Load Member

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    I was watching some videos of the Renegade Trucker on YouTube last night and he posed an interesting question in one of them; that is, when is it ok for a company to kill people? Not actively killing anyone, like taking them out back and they're never seen again but there are companies whose culture and standard operating procedure lead to a lot of dead bodies and at some level they're obviously ok with it since they aren't changing. The Renegade Trucker used Swift in his video as they're the worse or one of the worst offenders whose hiring practices, revolving door policy and lack of anything resembling a competent training program have led to 58 deaths in the past two years. Here's a few others that don't seem to mind the exorbitantly high body count. Feel free to add to the list.

    Fatal crashes in the past two years -

    Swift - 58
    CR England - 22
    Werner - 41
    JB Hunt - 26
     
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  2. truckthatpassesyouby

    truckthatpassesyouby Road Train Member

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    All this post is going to do is attract the ordinary typical responses about these companies.

    How about you give us something we haven't heard before?
     
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  3. Chasingthesky

    Chasingthesky Heavy Load Member

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    Well, I hadn't heard about or paid attention to the fatality statistics part of the equation before so it's new to me. Besides, wouldn't want to break the TTR SOP of rehashing everything a thousand times ;)
     
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  4. MACK E-6

    MACK E-6 Moderator Staff Member

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    The larger a company is, the more likely this is going to happen, just because the odds are greater due to more drivers driving more trucks.

    That's just the way it is.
     
  5. Chasingthesky

    Chasingthesky Heavy Load Member

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    I disagree. I would say the probability is higher just based on numbers but that doesn't translate to more likely. For comparison, FedEx and Werner drove roughly the same amount of miles last year (950 million). Now, considering FedEx's propensity for being in a ditch during the winter, they still have fewer fatalities by a wide margin (19 vs 41) and fewer accidents overall by less of a margin (822 vs 1080) with twice as many drivers as Werner. So numbers alone aren't a solid guarantee.
     
  6. sevenmph

    sevenmph Road Train Member

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    The revolving door is more a result of small margins. Thousands of trucks making small amounts adds up to an overall large revenue. Therefore their business model is best served by keeping as many newbies making peanuts as possible.
    It's not a body count, it's a dollar count. Always follow the money.
     
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  7. MACK E-6

    MACK E-6 Moderator Staff Member

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    A solid guarantee, no.

    But like you said, numbers go up, probability goes up. I drive for a bigger LTL, and we certainly have our share.

    A more accurate way of looking at it would be by percentage, like how many in the fleet vs how many get wrecked.
     
  8. Chasingthesky

    Chasingthesky Heavy Load Member

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    Absolutely its about the money. That was my point in different phrasing. This post was the answer to the question, "but at what cost?" A disproportionate amount of dead people, that's the cost. This is the acceptable loss rate (of people) that these companies are ok with to achieve their revenue goals.
     
  9. Sad_Panda

    Sad_Panda Road Train Member

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    There is also the fact that the poorer drivers for the cheaper companies won't have the money or smarts to sue the company when something fatal happens.
     
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  10. STexan

    STexan Road Train Member

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    Trucking is a dangerous job, regardless of one's quality of training or experience level, any driver can be dead before the next sunrise while performing normal driver related duties. And the more drivers you have, the more deaths you're going to have. Period. You can argue that 100% of crash/incident fatalities were preventable but that won't get you far in the end.

    The matter of trucker-at-fault and killing others might be a different discussion. But the legal system is in place to insure no one escapes responsibility and pays "the price", whatever the price is.
     
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