Railroad Network Safety and Business Intelligence System for Hazardous Materials
Hazmat incidents can significantly shape how the public perceives risks from transporting hazardous commodities while drawing elevated scrutiny from the media and regulatory agencies, and impacting a rail operator’s reputation and safety performance.
Does your railroad understand where the risks of hazmat release are concentrated in your network? Can your railroad measure how these risks are changing over time? Did your railroad’s safety investments directly address the most critical network locations with heightened safety risks? How well is your railroad’s portfolio of strategies performing for reducing these risks?
SMARTER Hazmat™ is an innovative and customizable railroad risk management framework for evaluating, monitoring, and mitigating dangerous goods safety risks as well as for prioritizing railroad safety investments and operating practices. Sophisticated railroads can use this big data-driven, quantitative framework to measure and track systemic hazmat safety risk as well as pinpoint localized and recurring risk hotspots. By measuring and monitoring network-wide risk through its industry-vetted methodology, SMARTER Hazmat™ advances a railroad’s safety strategy with next generation decision-making capabilities for efficiently allocating safety investment budgets, ensuring defensible compliance, and realizing improvements in safety performance.