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May 14, 2012
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Wills & Trusts News

 

Iteris and Maverick Report a 65 Percent Reduction in Accidents

ANAHEIM, Calif--Iteris Inc. (AMEX:ITI), a leader in vision-based technologies and Intelligent Transportation Systems that optimize traffic flow and enhance driver safety, today announced that Maverick USA has achieved a 65 percent decrease in lane departure preventable accidents since deploying Iteris' Lane Departure Warning (LDW) system. Lane departure preventable accidents include sideswipe, inadvertent lane changes, and run-off road accidents.

Maverick USA, based in Little Rock, Ark., began upgrading the safety of its national fleet of 1,000 trucks with initial deployments of the Iteris LDW technology in December 2004. That year, Maverick's fleet traveled a combined 110 million miles and had a lane departure preventable accident rate of 0.21 per million or one every 4.75 million miles traveled. Trucks currently equipped with Iteris' LDW systems have traveled 40.7 million miles and have experienced a lane departure preventable crash rate of 0.07 per million or one every 13.56 million miles traveled. This represents a decrease of 65 percent, a significant number considering the substantial costs associated with heavy truck crashes.

According to studies conducted by the Federal Motor Carrier Safety Administration (FMCSA), the average cost of an accident involving a large truck is more than $75,000. Read more at businesswire.com

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  News Room  
 
Two-Vehicle Crash Critically Injures Teen
Chesterfield County Police are investigating a two-vehicle crash that critically injured a 16-year-old girl. The crash occurred in the 9000 block o...
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There's The Cost Of The Vehicle
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67 Named In Largest Automobile Accident Fraud Ring Ever Charged In New York
Superintendent Gregory V. Serio, along with Alan Vinegard, United States Attorney for the Eastern District of New York, Barry W. Mawn, Assistant Di...
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Common Terms

 


Today's Terms

Insured

Definition:
The person(s) entitled to coverage in case of an accident or loss.

Producer

Definition:
A term applied to an agent, solicitor or other person who sells insurance.

Replacement Cost

Definition:
Replacement cost is the cost of replacing lost or damaged property with new property of like kind and quality, at current market prices.

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Hot Topics

 

  • Creating A Trust
  • Types Of Trusts
  • Modifying A Willl
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  • Disinheriting Family
  • Selecting An Executor
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Connecticut Wills & Trusts Attorney

 
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