Deployment of Lytx’s Safety Technology across Ryder Dedicated
Transportation and Supply Chain Solutions Fleets Improves Driver Safety
Performance
MIAMI--(BUSINESS WIRE)--
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/
Source: Ryder System, Inc.