FMCSA: Fatal Heavy-Truck Crashes Average $3.6 Million-Plus

The Federal Motor Carrier Safety Administration has published a final report entitled "Unit Costs of Medium/Heavy Truck Crashes," completed by the Pacific Institute for Research and Evaluation (PIRE) that provides latest estimates of unit costs for highway crashes involving medium- and heavy-duty trucks.

Based on the latest data available, the estimated cost of a police-reported crash involving a truck with a gross weight rating of more than 10,000 pounds averaged $91,112 (in 2005 dollars). Crashes in which truck-tractors with two or three trailers were involved were the rarest, but their cost was the highest--$289,549 per crash. The cost per nonfatal injury crash averaged $195,258, and fatal crashes cost more than any other crashes at $3,604,518 per crash.

Safety analysts use such crash cost data for a variety of purposes, from analyzing effectiveness of a particular roadway enhancement to measuring impact of seatbelt use. Crash costs also are used to calculate and compare cost-effectiveness of proposed safety regulations.

A copy of the complete study can be viewed on the American Association of Motor Vehicle Administrators (AAMVA) website under the MCS Discipline section at www.aamva.org.

Download Center

HTML - No Current Item Deck
  • Free Safety Management Software Demo

    IndustrySafe Safety Management Software helps organizations to improve safety by providing a comprehensive toolset of software modules to help businesses identify trouble spots; reduce claims, lost days, OSHA fines; and more.

  • Track Key Safety Performance Indicators

    IndustrySafe’s Dashboard Module allows organizations to easily track safety KPIs and metrics. Gain increased visibility into your business’ operations and safety data.

  • Analyze Incident Data

    Collect relevant incident data, analyze trends, and generate accurate regulatory reports, including OSHA 300, 300A, and 301 logs, through IndustrySafe’s extensive incident reporting and investigation module.

  • Safety Training 101

    When it comes to safety training, no matter the industry, there are always questions regarding requirements and certifications. We’ve put together a guide on key safety training topics, requirements for certifications, and answers to common training questions.

  • Conduct EHS Inspections and Audits

    Record and manage your organization’s inspection data with IndustrySafe’s Inspections module. IndustrySafe’s pre-built forms and checklists may be used as is, or can be customized to better suit the needs of your organization.

  • Industry Safe
comments powered by Disqus

OH&S Digital Edition

  • OHS Magazine Digital Edition - March 2019

    March 2019

    Featuring:

    • HEARING PROTECTION
      Not Your Grandpa's Ear Muffs 
    • FALL PROTECTION
      Far Too Many Fatal Falls
    • DRUG TESTING
      Marijuana in the Workplace
    • FALL PREVENTION
      Ladder Safety Tips
    View This Issue