Acceptable loss ratio

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

  1. DJBlaster

    DJBlaster Bobtail Member

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    Well, since we have you stat-heads out there crunching numbers, what is the largest fleet size or largest amount of miles driven by a company that has had zero fatalities in a given year? That should probably give you your baseline.
     
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  2. DJBlaster

    DJBlaster Bobtail Member

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    I was gonna ask about that- they have 4 completely separate divisions, and thousands of subcontractors...I am sure those numbers have been split up...
     
  3. double yellow

    double yellow Road Train Member

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    Best I can do is DOT-reportable accidents per million miles:

    Carolina Cargo: 1.93
    Western Express: 1.67
    US Xpress: 1.20
    Swift: 1.15
    CR England: 1.14
    Covenant: 1.13
    JB Hunt: 1.10
    Heartland: 1.05
    Prime: 0.99
    TMC: 0.92
    Schneider: 0.83
    May: 0.79
    Mesilla Valley Transportation: 0.77
    Knight: 0.73
    UPS: 0.72
    Hobby Lobby: 0.71
    Lessors: 0.70
    Pride: 0.69
    McKee Foods: 0.69
    XPO (Con-Way) Truckload: 0.67
    Wal-Mart: 0.53
    Gordon: 0.51
     
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  4. DJBlaster

    DJBlaster Bobtail Member

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    No offense to any Western Express or Carolina Cargo drivers, but I think it's pretty easy to chalk up why they have those numbers.


    But for example, what is Gordon doing that Swift and JB aren't? With that sample size, that is not just a statistical anomaly, there has to be a significant company policy, either in hiring, training, or safety...

    So there IS an "except able loss ratio" being taken into account it would seem...
     
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  5. double yellow

    double yellow Road Train Member

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    Gordon and Wal-Mart are very, very strict about safety. Where most companies pay it lip service, I know Gordon stresses safety 1st throughout orientation & training. And I'm told Wal-Mart is even more rigid -- I hear stories of drivers being fired for getting one 5mph speeding ticket in their car.

    Con-Way is slightly more tolerant of violations, but they also made it clear the driver was "captain of the ship" and that they would never face any problems if they shut down for any safety reason.


    Gordon & Con-Way both train new drivers with -- get this -- a trainer sitting in the passenger seat! Most of the other companies run trainees as a team...
     
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  6. Luse

    Luse Medium Load Member

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    Granted those numbers are the best that you can do. But they really don't mean anything.

    https://www.fmcsa.dot.gov/regulations/title49/section/390.5

    The above link is a criteria for DOT reportable accident

    When I did work for Swift I had a drunk driver slam into the back of my trailer at a stoplight the light was red..... thank God that the driver of that vehicle was not killed but his vehicle had to be towed and according to the DOT criteria that's a reportable accident. That accident was no way my fault.

    That's only thing that sorta irritates me with these accident numbers they don't show the whole picture and who was at fault.


    Because let's take TMC reportable dot accidents .92 and Gordon is .51

    Now we know out of those DOT reportable accidents that it is not 100% of the drivers fault, and we know that it's not 0% so the number is somewhere in between those two.

    Let's say for example that TMC they're dot reportable accidents 40% was the driver's fault. And Gordon dot reportable accidents they're at fault rate is 80%.

    Granted I am not saying that these are true I'm just using this as an example but then if that was the case which carrier actually had the safer drivers.

    That's why that DOT reportable accidents numbers don't mean Jack you know what.
     
    Last edited: May 24, 2016
  7. mjd4277

    mjd4277 Road Train Member

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    QFT. nowadays you can't go down a single interstate(especially in the South)without seeing AT LEAST ONE of those vultures advertising.
     
  8. mjd4277

    mjd4277 Road Train Member

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    After all the accidents they've been involved in the recent weeks I can guarantee Swift's number is gonna go up significantly.;)
     
  9. double yellow

    double yellow Road Train Member

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    You're absolutely right that those numbers don't measure blame, but for the mega carriers the numbers are generally large enough that the randomness of individual accidents is absorbed by the large numbers.

    At least enough to make some conclusions: Gordon is clearly safer than Carolina Cargo.

    But because they are smaller, we don't really know which of Lessors, McKee, or Hobby Lobby is safest, though we can certainly tell that these smaller carriers are safer than the typical mega.

    Swift is so large, they average 21 DOT reportable accidents per week!
     
  10. wis bang

    wis bang Heavy Load Member

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    I remember one DOT statistic, Any driver, regardless of the number of years of experience, is most likely to have an accident during the first year with a company.

    Saw it happen a few times, one guy w/ over 15 years accident free was involved during his first year. The accident was caused by some bimbo in a Caddy who didn't understand she had to yield to an ambulance; so she stopped dead in the left lane of an interstate...all those accident free years/miles right into the toilet around the 7 month mark.
     
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