The committee is calling on interested parties, such as fleets and road risk training companies, to submit written evidence before February 18, 2008, on areas of road safety they feel need addressed.
The committee said that while significant progress has been made in cutting road deaths since 2000, a quarter of all accidental deaths are still the result of road crashes - a figure that rises to 80% of accidental deaths among young people aged 15-19.
The committee will look into what further policies can be introduced to reduce the risk of death and injury between now and 2010, which is when the current target period comes to an end.
In particular, the inquiry will address the following questions.
As usual, the committee intends to look at ways to further reduce the incidence of drink driving.
It will also look at how casualty reduction targets can be used to focus professional activity and how approaches to reducing road risk compares to those adopted in other modes of transport.
It will also investigate whether there is a particular problem caused by shortages of appropriately trained and skilled staff.