Today’s Wall Street Journal has an article entitled “Heists Targeting Truckers On Rise”. The story outlines the increase in trucking freight theft since the current recession started. Being that most decisions to implement telematics systems are driven by ROI models I have been pondering the concept of reduced insurance rates for transporting freight if security and tracking technology is implemented on the trailer. At the Telematics Update Fleet & Asset Management conference this past November in Atlanta I asked some of the insurance industry participants if they had been looking into this sort of offering. All of them responded that they were currently focused on » Continue reading
Telematics: could the Toyota sticky accelerator bring the mainstream media and consumers on-board?
Today’s New York Times has an Op-ed piece by Robin Chase, the founder and former chief executive of Zipcar. Mr. Chase puts forth the proposition that a simple solution to getting out ahead of potential safety issues such as the current Toyota accelerator problem is real-time access to vehicles’ “black boxes” via wireless applications. In the Op-ed piece, he states: “Aberrant engine and driving behavior would leap out of the carmakers’ now-large data set, allowing them, if necessary, to conduct recalls much earlier. And, in exchange for your contribution of anonymous data, carmakers could send you driving benchmarks aggregated from your peers…”. As I and others have presented multiple times at various » Continue reading