What are average hot shot rates?

Discussion in 'Expediter and Hot Shot Trucking Forum' started by htowndrives, Jan 5, 2023.

  1. htowndrives

    htowndrives Bobtail Member

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    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?
     
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  3. Concorde

    Concorde Road Train Member

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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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  4. REO6205

    REO6205 Trucker Forum STAFF Staff Member

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    It won't be one of my semis, though.
     
  5. pavrom

    pavrom Road Train Member

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    1500lbs pallet is getting delivered with cargo vans all day long at $1.2-1.3 per mile
     
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  6. RustyRod

    RustyRod Light Load Member

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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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  7. Lite bug

    Lite bug Road Train Member

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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.
     
  8. JNelson

    JNelson Bobtail Member

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    Feb 17, 2023
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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.
    I hate brokers.
     
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  9. Lite bug

    Lite bug Road Train Member

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    They are tricky
     
  10. flatbedcarrier

    flatbedcarrier Medium Load Member

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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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