Ryder Adds DriveCam Technology to Take Safety to New Heights
October 19 2017 - 4:30PM
Business Wire
Deployment of Lytx’s Safety Technology across
Ryder Dedicated Transportation and Supply Chain Solutions Fleets
Improves Driver Safety Performance
Ryder System, Inc. (NYSE: R), a leader in commercial fleet
management, dedicated transportation, and supply chain solutions,
announced its partnership with Lytx® and the implementation of
Lytx’s flagship product, DriveCam®, into 4,400 Ryder vehicles
supporting its Supply Chain Solutions (SCS) and Dedicated
Transportation Solutions (DTS) business divisions. The DriveCam
program addresses safety by combining data and video analytics with
real-time driver feedback and coaching, resulting in reductions in
injuries and collisions. The Company made the decision to
incorporate DriveCam’s solution as part of its operational
initiatives after a six-month DriveCam pilot at various Ryder
locations.
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Lytx DriveCam (Photo: Business Wire)
“As an industry leader in safety and security, we recognize the
importance of investing in technologies like DriveCam that enable
us and our professional drivers to make continuous improvements
around safe practices and driving behaviors,” said Sandy Hodes,
Ryder’s SVP and Deputy General Counsel. “Our partnership with Lytx
reinforces our commitment to our drivers and our core value of
safety in the communities we serve.”
In the past 12 months, the DriveCam program has allowed Ryder to
identify and target the top behaviors contributing to fleet risk.
This has enabled Ryder’s professional drivers to significantly
improve their results, reducing well over half the number of near
collisions while increasing both following distance and response
time. The program has also enhanced the quality of communications
between Ryder and its professional drivers, and in turn, has
encouraged the Company’s drivers to embrace continuous improvement
and best practices adoption.
“While the DriveCam program does the heavy lifting to pinpoint
risk in fleets, it’s up to the Ryder team to take action on the
insights DriveCam delivers,” said Lytx Executive Vice President and
Chief Client Officer David Riordan. “The extent to which Ryder has
improved driver behavior is a testament to the quality of its
drivers, engagement of its frontline managers, and highly effective
coaching.”
DriveCam’s model identifies behavioral improvement opportunities
for increased safety through a patented, iterative process of
scoring, prioritizing, and tracking the results of driving
behaviors. In-cab video captures driving behavior, which is
objectively reviewed and scored, and then passed on to the fleet
for use in coaching drivers. Fleets manage the DriveCam program
through a web-based online portal.
Ryder continually monitors emerging fleet technologies and works
closely with leading technology providers and equipment
manufacturers to provide feedback around functionality, usability,
and adaptability. The Company has a long track record of
consistently improving the performance, safety, and reliability of
commercial vehicles. Technologies, such as DriveCam, aim to get
drivers home safely and reduce the possibility of vehicle crashes,
while also providing a cost benefit to Ryder customers.
About Ryder
Ryder is a FORTUNE 500® commercial fleet management, dedicated
transportation, and supply chain solutions company. Ryder’s stock
(NYSE:R) is a component of the Dow Jones Transportation Average and
the S&P MidCap 400® index. Ryder has been named among FORTUNE’s
World’s Most Admired Companies, and has been recognized for its
industry-leading practices in third-party logistics,
environmentally-friendly fleet and supply chain solutions, and
world-class safety and security programs. The Company is a proud
member of the American Red Cross Disaster Responder Program,
supporting national and local disaster preparedness and response
efforts. For more information, visit www.ryder.com, and follow us
on our Online Newsroom and social media pages: Facebook, LinkedIn,
Twitter, Instagram, and YouTube.
About Lytx, Inc.
At Lytx we harness the power of video to transform fleets with
improved safety, efficiency, productivity, and profitability. Our
flagship service, the Lytx DriveCam video safety program,
sets the standard for driver safety in the industries we serve.
Lytx Video ServicesSM delivers multiple video views per vehicles,
with a highly configurable user interface to provide fleet managers
unparalleled visibility into their fleet operations, both in the
moment and up to a week later. RAIR® Compliance Services helps
DOT-regulated fleets comply with safety regulations, complementing
the DriveCam® Program. Lytx ActiveVision® service helps fleets
detect and address distracted and drowsy driving, both in real time
and over time, and additional services offer virtually limitless
for fleets and field operations of any profile. We protect more
than 2,200 commercial and government fleet clients worldwide who
drive billions of miles each year. We enable our clients to realize
significant ROI by lowering operating and insurance costs, while
achieving greater efficiency and compliance. Most of all, we strive
to help save lives – on our roads and in our communities, every
day. Lytx is privately held and headquartered in San Diego. For
more information, visit www.lytx.com, @lytx on Twitter, or on
our YouTube channel.
Note Regarding Forward-Looking Statements: Certain statements
and information included in this news release are "forward-looking
statements" within the meaning of the Federal Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
based on our current plans and expectations and are subject to
risks, uncertainties and assumptions. Accordingly, these
forward-looking statements should be evaluated with consideration
given to the many risks and uncertainties that could cause actual
results and events to differ materially from those in the
forward-looking statements including those risks set forth in our
periodic filings with the Securities and Exchange Commission. New
risks emerge from time to time. It is not possible for management
to predict all such risk factors or to assess the impact of such
risks on our business. Accordingly, we undertake no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events, or otherwise.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171019006101/en/
Ryder System, Inc.Jennifer Hanlo,
305-500-4547Jennifer_A_Hanlon@ryder.comorDavid Bruce,
305-500-4999Dbruce@ryder.com
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