Making money in hotshotting and hiring drivers

Discussion in 'Expediter and Hot Shot Trucking Forum' started by carmen315, Mar 25, 2014.

  1. carmen315

    carmen315 Bobtail Member

    3
    0
    Oct 17, 2013
    0
    Hi everyone, My husband and I recently acquired a new 2013 3500 Ram crew cummins cab and chassis and installed a CM flatbed. Originally he was planning on driving it to do some hotshotting either leased or on our own but wanted to wait a little longer as we saved up some money before he quit his job. He was offered a decent local driving job where he's making about $23/hr plus about 15-20 hours of overtime a week. So he's pulling in a decent $1400-$1500 a week. He's pretty happy with this gig so now he's not so sure if he wants to go full time hotshotting now. So if he doesn't our options would be me driving the truck ( I don't have a CDL) or hiring someone to drive the truck for us. We have our own authority and I'm not even sure if companies will lease on to operators with someone else's truck.

    Has anyone tried hiring someone to run their truck for them? Alternatively, is it possible for my husband to make more than he's making now in hotshotting? A steady paycheck is pretty nice so it would be hard to convince him now to go out on his own.

    Thanks!
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. Grumppy

    Grumppy Trucker Forum STAFF Staff Member

    2,811
    9,041
    Dec 11, 2010
    West Monroe, La
    0
    Its only my advice because obviously, I dont know your specific situation. If you have a line on a good contract with a good company for that hotshot to work... I'd say ok to either, you or another driver in it, but again, every situation is different & I dont know what yours is. Otherwise, my advise is to forget about that hot shot & tell him to stay where he is if he is happy. To consistently make that kinda money "in your pocket" with that hotshot is not likely... but again, if you have a good handshake on a good contract with a shipper etc, then depending on your situation, you or another driver could run the hotshot.

    I know it didnt answer your question like you wanted but there is no way I can tell you what to do without knowing a lot more of your situation.
     
  4. Western flyer

    Western flyer Road Train Member

    2,807
    6,785
    Mar 13, 2014
    0
    Keep the steady paycheck.thats good money with no headache.
    Worry about the hot shot later.
     
  5. carmen315

    carmen315 Bobtail Member

    3
    0
    Oct 17, 2013
    0
    It does help answer my question. Thank you! Our situation is pretty simple. We live pretty frugally in a small one bedroom apartment. We have little debt other than student loans and car notes. I'm a graduate student and don't work other than Army reserves once a month. So I would have the time to drive. Alternatively, we could hire a driver. I'm sure it would create a whole new set of issues, but it's something we are both open to doing if we can. We have some leads from good companies, but nothing set in stone. We want to put the truck to work. It's a great truck. I love driving it! My personal car is a Prius, so it's the exact opposite. I want a bumper sticker that says "my other car is a cummins diesel." Haha!

    Thanks again!
     
  6. carmen315

    carmen315 Bobtail Member

    3
    0
    Oct 17, 2013
    0
    So far that seems to be the consensus. Thanks!
     
  7. CTSTransport

    CTSTransport Bobtail Member

    23
    5
    Feb 12, 2014
    0
    I wouldn't hire a driver unless he has verifiable experience. Also, it's likely your commercial insurance since it's your truck, so think about your risk, deductible, hassles, time etc. I speak from experience. I started getting overwhelmed with work so I hired a driver and put him in my 2nd truck. First run, he wrecks a $50k boat driving in an ice storm I had told him to stop short of a good 300 miles before he got in it. I didn't get anything from him up front so he took off and I'm on the hook for a $1,000 deductible, got an angry rich guy making threats of law suits, tons of paper work and having to finish the delivery once it's repaired.. I'm sure I could sue him, but he probably don't have much so I'd just be out more money for a lawyer.
     
  8. cnsper

    cnsper Road Train Member

    5,869
    27,420
    Feb 28, 2014
    0
    I have only ever put 1 bumper sticker on my vehicles and it is my current F250 diesel ad it says

    "Real Trucks Don't Have Spark Plugs"
     
  9. mrcars

    mrcars Bobtail Member

    33
    17
    Dec 30, 2009
    Brooklyn, NY
    0
    Don't hire a driver. It doesn't matter who he is or what his experience, he will destroy your equipment and ruin you life. If you want to drive yourself, make sure you can do it full time, because with insurance and other costs, you will not make money part time. Don't forget that this is a hard job and if you have other options, take them.

    I say this as someone who had drivers destroy trucks and cause tremendous damage and one who has had O/O who came from the 9-5 world quit because they could not hack the hours.

    Mitch
    M.R. Cars Auto Transport
     
  10. tarponinternet

    tarponinternet Bobtail Member

    23
    5
    Apr 27, 2014
    0
    plate the truck for 26,000# get yourself a 3 car wedge and move cars in your area (300 mile radius) it won't pay the best but it will keep you out of the pool halls.
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.