So i am a PM for a construction company. Ive notice im paying out the ### for hot shot trucks to deliver materials and equipment to jobsites around the country. we always issue a PO to a freight broker to find us the hot shot trucks. ive spoken to a few hot shot drivers that have done deliveries for me and they say they are being paid a way lower price than the freight broker is charging us. for example i paid $1900 for a hot shot to pick up a 25 ft enclosed trailer from west texas and haul it to houston. i figured if im going to be paying this much for freight then i may as well have my brother start an llc and get a freight broker license and ill just single source everything to him. im sending 4-12 hot shot trucks a week. he wants to pay the hot shot drivers a fair amount of money and just be taking some off the top. what are average mileage rates for loads under 10k lbs? would $2/ mile be a fair price for a 1500 lb pallet to go 375 miles?
What are average hot shot rates?
Discussion in 'Expediter and Hot Shot Trucking Forum' started by htowndrives, Jan 5, 2023.
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You could get a semi to do it for $1.50 per mile and they’ll be smiling..
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Don't confuse the OP. No semi can make money at 1.50 or below. Those who say they do haven't done the math properly, that's why they go broke. 2 per mile for hotshot may be alright, I don't do hotshot so I'm not 100% sure.
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I do hotshot and will not do $2 a mile over that distance because I would have to come back bringing all miles to $1 a mile. Cargo van may be able to do it at $2 a mile as their overall cost of doing business is lower. For sure a freight broker is charging you way more than he is paying his carrier. If you need a hot shot find one. Getting your brother to start a brokerage because your shipping cost is high is not the answer IMO ask the broker to lower your cost or find another broker . Better yet like I said before find some hot shot guys that have been in business for a few years. Your communication and service will be better IMO.
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380 mile block @ 1500lbs (one ton rate) would be $1,197.00. That would include fuel and insurance. That’s about $3.68 per mile.
That’s from my rate sheet that’s 10 years old with updated fuel.
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If you’re the shipper, you don’t even need a brokers license. Under your company name you can get an account on a load board and post your own loads. Here’s the thing though, a lot of truckers won’t want to work with you at first unless it’s a cod load. That’s because you don’t have a bond like a broker has. In time you can overcome that though. You’ll just need some carriers to let the load board know that they hauled for you, and you paid in a timely manner. The load board at that point will start to show an average days to pay.
if you’re shipping power only loads they’ll need to pay decent. On a short run like you described, your rate will more than likely need to cover the owner operator deadheading back.
Texas is a big state, where at in West Texas? The rate they charged may be right on target if they’re deadheading clear back to the the west Texas border?Last edited: Feb 23, 2023
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