MOTOR CARRIER INDUSTRY PROFILE STUDY: LINKING MOTOR CARRIER SAFETY PERFORMANCE WITH FINANCIAL PERFORMANCE (ABSTRACT ONLY)

The researchers examined the linkage between motor carrier safety performance and financial performance for several major for-hire industry segments. Financial performance measures examine in this study included: operating ratio, operating profit margin, return on equity, and gross revenues, among others. Safety performance variables examined included: Driver Inspection Indicator, Vehicle Inspection Indicator, Accident Involvement Indicator, Driver Inspections, Vehicle Inspections, Driver Safety Evaluation Area (SEA) score, Vehicle SEA score, Accident SEA score, Recordable Crash Rate, Driver Safety Review Measure, Vehicle Safety Review Measure, Safety Management Review Measure, and Enforcement Severity Measure. Control variables include: tractor ownership, total highway-miles, total ton-miles, average load, and average haul. For this analysis, carriers were divided into 10 industry segments: Building Materials, Bulk, Refrigerated Foods (non-produce), General Freight - TL, General Freight - LTL, Household Goods and Moving, Intermodal, Large Machinery, Produce, and Tank. Examining all segments collectively, the research indicates that firms with higher gross revenues tended to have (1) lower Driver Inspection Indicator (DII) scores, and (2) lower Driver SEA scores (e.g., both are indications of better driver safety performance). Firms with higher average hauls (in miles) tended to have higher DII scores and higher Driver SEA scores (both are indications of poorer driver safety performance). Researchers also found higher driver wages to be negatively and significantly correlated with DII scores and Driver SEA scores.

• Corporate Authors:

  University of Tennessee, Knoxville

  Center for Transportation Research
  Conference Center Building
  Knoxville, TN  United States  37996-4133

  National Safety Council

  1121 Spring Lake Drive
  Itasca, IL  United States  60143
• Authors:
  • Corsi, T
  • Keane, T
• Conference:
  • International Truck and Bus Safety Research and Policy Symposium
  • Location: Knoxville, Tennessee, USA
  • Date: 2002-4-3 to 2002-4-5
• Publication Date: 2002-4

Language

• English

Media Info

• Pagination: p. 499

Subject/Index Terms

• TRT Terms: Building materials; Bulk cargo; Drivers; Farm produce; For hire carriers; Freight transportation; Haul distance; Inspection; Intermodal transportation; Loads; Machinery; Motor carriers; Motor vehicles; Moving industry; Ownership; Refrigerated cargo; Revenues; Safety; Tank trucks; Ton miles; Tractor trailer combinations; Traffic crashes; Vehicle miles of travel; Vehicle safety; Wages
• Subject Areas: Economics; Finance; Freight Transportation; Highways; Motor Carriers; Safety and Human Factors; Society; Vehicles and Equipment; I10: Economics and Administration;

Filing Info

• Accession Number: 00924786
• Record Type: Publication
• Files: TRIS
• Created Date: May 2 2002 12:00AM