So think you want to run a hotshot?

Discussion in 'Expediter and Hot Shot Trucking Forum' started by mcgoo422000, Feb 5, 2013.

  1. mcgoo422000

    mcgoo422000 Medium Load Member

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    I have found myself with 2 trailers and haven't decided what to do with the second one.
    First thought of running two trucks and trailers but all the extra taxes and insurance make it
    look like more trouble than it's worth.
    I have been thinking of putting an ad in the job section of local news rag seeing if someone may be interested in learning the hotshot business
    without having the big expense of a trailer to start with.
    Most of these people that start in this business don't last over 18 months. This way they'd be able to walk away without losing there shirt as bad.
    The only thing they'd need would be a dually and money for insurance downpayment and IRP some other incidental expense's.
    I'd let them pull my trailer and line loads up and make sure they gat paid. ( All for a fee of course, but not as much as gary charges)
    The trailer is a 40 foot flatbed with dovetail and ramps, hyd. brakes and just passed a level one last week.
    If anyone knows of someone that may be interested have them send me a email through this site.
    They would need to live within 100-150 miles of 35222, have a cdl-A and good driving record plus the biggie of passing a drug test.
    This is my seventh year of running this type of truck and know what to load and where to go to make the best money.
     
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  3. Archangel2003

    Archangel2003 Light Load Member

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    Everything but the 100-150 miles!:biggrin_25513:
     
  4. minitman

    minitman Bobtail Member

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    West Columbia, SC
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  5. RickG

    RickG Road Train Member

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    Owensboro , KY
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    What are they average paid miles per week and rate to driver after your cut for use of authority and trailer ?
     
  6. Archangel2003

    Archangel2003 Light Load Member

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    We have an authority but are new and still figuring it out.
     
  7. mcgoo422000

    mcgoo422000 Medium Load Member

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    I can't really average miles as all my trucks and trailers are paid for and I cherry pick loads. My average per mile was 1.54 for all miles driven.
    Which for a 33000 hotshot I think is ok. The cost will depend on services I provide the range I'm thinking of is 13-18%.
    My main goal would be to have 1099 worker and not have to fool with all the extra tax issues.
    The big mistake I see most making in this line is buying a super expensive truck and can't pay the payments, not knowing the right loads to get and where to go.
     
  8. Archangel2003

    Archangel2003 Light Load Member

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    Picking the right loads and where to go is the MAIN issue I see right now.

    Finding a decent load going one way I can do, sort of, but getting a decent one to get back seems to be a nightmare.

    If I could just find a nice loop out and back.
     
  9. RickG

    RickG Road Train Member

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    Owensboro , KY
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    REAL hotshot pays a good enough rate to head back empty . Every dually with a gooseneck trailer is not pulling hotshot loads . Very few are .
     
  10. Archangel2003

    Archangel2003 Light Load Member

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    When I first heard the term "Hot Shot" it was to indicate a just a puckup truck pulling a trailer as if it were a smaller, light weight version of an 18 wheeler.

    I assume now it implies something expedited regardless of weight or size?

    We do not as of yet have the 1 ton and trailer.

    We have just been renting Penske trucks and trailers so far, and as for long distances, we put it off as finding the return load was an issue and we were in an 18 wheeler.

    I see so many smaller loads that a pickup with a trailer could haul, and with the cost being 1/4 or less compared to a Big Rig ($700 a month as opposed to $3000 a month), it looks like the way to go for us right now.
     
  11. RickG

    RickG Road Train Member

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    Owensboro , KY
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    There are several problems with this much hauling .
    1. Too much competition from people that got the idea watching Shipping Wars .
    2. More random inspections . There's a lot of haulers in duallys not meeting regs . Inspectors know it and a much higher percentage of 1 tons get pulled to the rear at the scales . Consider getting a Class 7 truck like a Freightliner FL 70
    3. Fewer good base customers . I knew several hotshotters several years ago that had construction related loads like rebar and rooftop HVAC units drop down to nothing .
    There are some opportunities , especially around oilfields with established carriers like ACME .
     
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