DriveCam, Inc. Announces MV Transportation Renews 5,000 Vehicle Fleet Contract
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SAN DIEGO--May 26, 2011: DriveCam, Inc., a global Driver Risk Management Company, today announced that MV Transportation, Inc. has extended its full-fleet contract for three additional years. This renewal is a result of the ROI achieved, along with the program support DriveCam provides to help run a successful program for collision prevention and risk mitigation.
“With large fleets like MV, industry experience and the ability to scale are critical to minimizing the costs associated with risky driving. As evidenced by our Managed Services Program and Fleet Tracking Solution, DriveCam continues to innovate to bring exceptional value to long-standing clients, such as MV Transportation.”
MV Transportation (MV) started installing DriveCam in its vehicles in 2004 under a self-review model. Since then, MV has moved its entire fleet of 5,000 vehicles to DriveCam’s Managed Services Program.
“Our partnership with DriveCam has resulted in very positive results in the overall safety performance at MV,” commented Kevin Klika, MV Transportation COO/President. “Since switching to DriveCam’s Managed Services Program, our ROI has increased dramatically. As a result, we’re happy to continue our relationship with DriveCam and expanding it by integrating DriveCam’s Fleet Tracking Solution into our operational systems.”
“We are proud to be working with MV Transportation,” responded DriveCam CEO Brandon Nixon. “With large fleets like MV, industry experience and the ability to scale are critical to minimizing the costs associated with risky driving. As evidenced by our Managed Services Program and Fleet Tracking Solution, DriveCam continues to innovate to bring exceptional value to long-standing clients, such as MV Transportation.”
Ninety-five percent of all collisions involve driver error. That’s why the DriveCam Program focuses on the causes of poor driving to eliminate driver error, while preventing collisions, faulty claims and wasted fuel. With video and audio, DriveCam continuously monitors risky driving behavior and provides real-time driver feedback. The data and exception-based video events are reviewed and systematically assessed for risk. This data helps drivers to drive safer and more efficiently, significantly reducing fuel and carbon emissions. DriveCam has been proven to improve fuel savings by up to 12%.
About MV Transportation
Based in Fairfield, California, MV is the largest private provider of paratransit services and the largest privately-owned transportation contracting firm in the United States. The company employs more than 13,000 dedicated transit professionals and operates more than 190 paratransit, fixed-route, shuttle and Medicaid contracts in 26 states, Washington, DC and Vancouver, British Columbia.
About DriveCam, Inc.
As proven experts in the science of safe and efficient driving, DriveCam prevents collisions and reduces fuel costs by improving the way people drive. Our solution addresses the causes of poor driving by combining data and video analytics with real-time driver feedback and coaching, resulting in reductions in collision-related costs and fuel consumption in over 150,000 commercial vehicles. In addition, DriveCam has monitored and analyzed data from over 3 billion driving miles and holds the world's largest database of risky driving, which is continually used to improve proprietary analytics and deliver insights into transportation industry trends. DriveCam was recently recognized as #30 in The Wall Street Journal’s listing of Top 50 Venture-Backed Companies. For more information, visit DriveCam.
