How much is a hot shot load?
Generally, hot shot load rates sit around $1.50 per mile. Jobs that are more complex or more urgent can pay up to $2 per mile. And, of course, jobs that are easier to complete sometimes pay a minimum of $1 per mile.
What is a hot shot shipment?
You might think of a hot shot as an important person but in the trucking world, hotshot freight creates hot opportunities for the drivers able and willing to do it. Hotshot freight refers to hauling freight for a shipper in need of expedited delivery — the load is posted today and needs to be hauled today.
How does a hot shot service work?
Hot shot trucking is different from expedited shipping, which usually involves vans, tractor-trailers, or even pickup trucks waiting on standby to get the job done. Instead of keeping expedited shipping vehicles on standby, hot shot hauling jobs are distributed to various drivers through load boards.
How much is hot shot per mile?
The cost of operating a hot shot is typically around $0.75-0.80 per mile (though it will of course vary based on individual payments), and the advantage of “half the weight, half the rate” is that allows the first half of the load to cover my expenses.
How do you price hot shot hauling?
Generally speaking, hot shot hauling rates are around $1.50 per mile. Some jobs, typically urgent ones, pay as much as $2 per mile, but they are not common. This is balanced by loads with a more typical minimum of $1 to $1.25 per mile.
How do you find hot shot loads?
Here are six places where you can find loads:
- Freight Brokers. Freight brokers are the middle men that connect shippers to truckers and they can help you out especially if you are just starting out.
- Load Boards.
- Dispatch Services.
- Register as a Government Contractor.
- Prospecting.
- Networking.
Where can I find hot shot trucking loads?
Which truck is best for hotshot hauling?
What Is the Best Truck for Hotshot Trucking?
- The Chevy Silverado – 2500/3500 Heavy Duty.
- Ram 2500/2500 Big Horn.
- The GMC Sierra 2500 Denali Heavy Duty.
- Ford F450/550.
- Ford Superduty Commercial F-250 XL, F 350 XLT, F450 Lariat.
Is hotshot trucking 2021 worth it?
So, technically, a hotshot is still worth it. As long as you come in with the right frame of mind and your expectations are reasonable and you have a little bit more money in your nest egg, then hot shot might be worth it. You gain a ton of experience that you can use in the trucking industry as a whole.
How do hot shot truckers find loads?
How to get Loads for your Hotshot Trucking Business
- Freight Brokers. Freight brokers are the middle men that connect shippers to truckers and they can help you out especially if you are just starting out.
- Load Boards.
- Dispatch Services.
- Register as a Government Contractor.
- Prospecting.
- Networking.
How do hotshot truckers charge?
To get a rough cost per mile, estimate the average fuel price per gallon you expect to pay and divide it by your average fuel mileage when hauling a load. For example, if fuel is $2.50 per gallon in your area, and you get 15 miles per gallon, $2.50 divided by 15 is approximately $0.17 per mile.
How many miles do hot shot drivers drive?
Start around 10,000 miles a month. That’s 120,000 miles a year. The average hotshotter or trucker does 10,000 miles on the low end.