NEWS & EVENTS

Matheson Trucking Cuts Collision-Related Costs in Half with DriveCam powered by Lytx Program

Jul 07/2014 PRESS RELEASE

High Volume United States Postal Service (USPS) Contractor Reduces Collision-Related Costs by 50% in Just 12 months

July 8, 2014 – San Diego, Calif. — Lytx, Inc. (formerly DriveCam Inc.), a global leader in delivering video-based driver safety and compliance solutions, today announced Matheson Trucking, a United States Postal Service (USPS) contractor, achieved significant safety improvement using the DriveCam powered by Lytx™ Program. Matheson saved 50 percent on collision-related costs during its 12-month trial period, and has now fully implemented the DriveCam® Program

“We were excited by the savings we saw during the trial, and continue to see, in collision-related costs,” said Richard Goodman, director of operations, Matheson Trucking, Inc. “This success is a direct result of our safety culture transformation, which is largely due to the DriveCam Program. It elevated our safety expectations to a whole new level and helped mold a culture that the whole company could embrace.”

Goodman went on to explain, “Once we put the focus on safety, all kinds of advantages came to light, including a significant  decrease in incidents and their related costs, better fuel efficiency and driver exonerations.  We experienced five rollover incidents in the year prior to implementing DriveCam Program, but we’ve had none this year – that’s a significant improvement.”

“One of the reasons Matheson has been so successful with the DriveCam Program is that they were fully prepared to implement the solution based on training we implemented together,” said Jim Angel, general manager, Trucking for Lytx, Inc. “First they made sure they had the buy-in of the executive leadership team. Then they made sure the drivers understood the Program’s benefits. The DriveCam Program equipped Matheson with tools to recognize high-performing drivers, while also helping all of their drivers hone their skills.”

DriveCam powered by Lytx helps to prevent incidents, reduce injuries and save lives by combining video with predictive analytics, real-time driver feedback and coaching, empowering fleets to identify and correct the driving behaviors that lead to 90% of collisions. A new Virginia Tech Transportation Institute study shows that more than 800 lives could be saved each year using video-based driver safety technology, and that the DriveCam Program alone could prevent more than 25,000 commercial vehicle collisions and nearly 40,000 injuries annually.

Using the patented Lytx Engine™, the DriveCam Program identifies and prioritizes risk so fleets can focus on the drivers who need the most coaching. The in-vehicle video event recorder captures risky driving events such as hard-braking, cornering, and following too close, and uploads them wirelessly to the Lytx review center. Trained professionals then review and score the events in a consistent manner and pass them on to the client for their use in coaching drivers.

Fleets manage the DriveCam Program through the DriveCam Online® cloud-based platform, which includes reporting capabilities that enable quick analysis of safety and performance trends. This helps fleets to effectively manage and coach drivers to become safer and more efficient, thereby significantly reducing collision and fuel costs and vehicle wear and tear.

About Lytx

At Lytx™ (formerly DriveCam, Inc.), we harness the power of data to change human behavior and help good companies become even better. Our flagship product, DriveCam powered by Lytx™, sets the standard for driver safety in the industries we serve, and our RAIR® Compliance Services helps DOT-regulated fleets comply with safety regulations, complementing the DriveCam® Program. We protect more than 950 commercial and government fleet clients worldwide who drive billions of miles. Our clients 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.

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Lytx; DriveCam powered by Lytx; Lytx Engine; Lytx Insights; Sense, Predict, Prevent; Delivering  Insights. Driving Results. are trademarks of Lytx, Inc.  DriveCam, DriveCam Online and RAIR are registered trademarks of Lytx, Inc.

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