The TCAinGauge has just released its' findings via the "Truckload Carriers Association" about Truck Safety. The TCA has been accumulating and analyzing the data for over 10 years and the finding indicated companies that have policies about Truck safety are more profitable.
The Insurance industry has added their findings that trucking companies that have lower turnover have a more profitable loss to claims ratios. These lower claims allow these companies to have lower premiums. There is also a strong correlation between reduced or lower premiums and a more profitable operating ratio. This important analysis is irrespective of the actual fleet size.
To repeat in your fleet is safer, with a low CSA rating and minimal claims then your profits are going to be higher. This is the net result from focusing on maintaining a safer fleet with low turnover.
Having a safety department and policies that provide training and assure good truck driving habits can lead to reduced turnover. In one case implementing these policies reduced Turnover from 90% to 15%. Companies like Armellini Trucking have such a structure that is good for Truck Drivers and also good for the company's bottom line.
This safety effort was supported with a proactive approach to driver training and ongoing education. I recall that we had to do some training at the time on progressive shifting, we did it along with this training we included a course on advanced defensive driving techniques. We were concerned, to say the least, that our drivers might revolt, we thought they might feel slighted, us telling them how to shift. But in fact we experienced the exact opposite, we had many of them come to us afterwards and thank us for the training.