




How to Start a Hotshot Trucking Business
[p]Ever wondered how to be your own boss while enjoying beautiful sceneries across America?
The freight industry is the backbone of America’s economy contributing more than <a href="https://tradingeconomics.com/united-states/gdp-from-transport">500 billion USD</a> every quarter and the numbers are increasing each year. It’s a lucrative industry which gives handsome rewards. However, it is not easy getting into traditional trucking due to the requirements needed.[/p]
[p]What if there was a way to be a part of the trucking industry without dealing with all the hassle? The good news is there is a sure-fire way of being a part of the trucking industry and you can get started in a few days. What is it, you ask? The answer to that question is “Hotshot Trucking”. But there are still a few requirements before you are eligible to haul freight. Fortunately, these requirements are easy to complete and we will explain everything step by step below.
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[p][b]What is Hotshot trucking? [/b][/p]
[p]Hotshot truck drivers are freelancers who work privately carrying freight from one point to the other without any employer restrictions or scheduling restrictions. In other words, you are your boss and you can choose when to earn and how much to earn. All you need is a medium or heavy-duty truck with at least 7,000 pounds of hauling force and a trailer. A Dodge Ram 3500, a Toyota Tacoma, or any version of the Ford F-series truck can work well. [/p]
[p]Currently, around 70% of the goods you can find on the shelves are transported by hotshot truckers and independent freight transporters. According to estimates, the trucking industry is expected to grow by 2.3% yearly till 2024. With freight volumes increasing day by day it is the perfect time to set up your own hotshot trucking business.
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[p][b]Pros and cons of Hotshot Trucking?[/b][/p]
[p]Hotshot Trucking comes with a lot of advantages especially if you want to kick-off your trucking business easily. But be wary also of some limitations and trade-offs when entering this kind of trucking business.
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[img src="https://truckerpath.com/uploads/2020/10/How-to-Start-a-Hotshot-Trucking-Business-pros_and_cons_table.png" alt=""]
[p][b]How to Begin?[/b][/p]
[p]Now that you have a basic idea of hotshot trucking let’s get started on the specifics: [/p]
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[p][b]Set up an LLC[/b][/p]
[p]You need to set up a Limited Liability Company (LLC) and register it with your state. This is the first step in registering your business and it doesn't matter if you are working alone or if you intend to invite others to join in with you, setting up a legal company gives you many <a href="https://www.legalzoom.com/articles/advantages-of-an-llc">benefits</a> such as:[/p]
<ul>
<li>Limited personal liability</li>
<li>Less paperwork</li>
<li>Tax advantages</li>
<li>Ownership and Management flexibility</li>
<li>Flexible profit distribution</li>
</ul>
[p][b]Register With the Tax Authorities [/b][/p]
[p]Once you have your LLC set up, the next step is to get a <a href="https://www.irs.gov/individuals/international-taxpayers/taxpayer-identification-numbers-tin">Tax ID</a> to go with your business. The tax ID or the Employer Identification Number (EIN) will allow you to receive checks and other forms of payments directly to your business account. That takes us to our next step. [/p]
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[img src="https://truckerpath.com/uploads/2020/10/How-to-Start-a-Hotshot-Trucking-Business-make_a_business_bank_account.jpg" alt=""]
[p][b]Make a Business Bank Account[/b][/p]
[p]A separate bank account will allow you to divert all your business-related transactions to your business bank account. This allows you to keep track of your expenditures while also giving you the liberty to make and receive payments.[/p]
[p][b]Apply for a CDL (optional)[/b][/p]
[p]Hotshot trucking does not require a commercial driver’s license (CDL) since in most cases you won’t be exceeding the gross weight limit determined by the authorities. [/p]
[p]You don’t need a CDL if: [/p]
<ul>
<li>If the total weight you are pulling is less than 10,000 pounds.</li>
<li>If the combined weight of the vehicle and trailer is less than 26,000 pounds. </li>
</ul>
[p]Getting a CDL is no easy task. You have to enlist in a reputable training academy, go through several weeks of training, and then apply as well as pass the CDL exam. Therefore, it is better to forego this requirement in the early stages of your business but its best to acquire the license once your business is up and running.
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[img src="https://truckerpath.com/uploads/2020/10/How-to-Start-a-Hotshot-Trucking-Business-acquire_relevant_equipment-1.jpg" alt=""]
[p][b]Acquire Relevant Equipment [/b][/p]
[p]As you know, hotshot trucking involves a lot of hauling and towing. It is important to have a sturdy and reliable truck if you want to save yourself a lot of grief later. You will need a good medium to heavy-duty truck with a lot of power (around 400HP) to pull at least a ton and a 30 ft. gooseneck flatbed trailer to begin. A decent truck can cost from $15,000 to $60,000. A good trailer costs from $7,000 to $25,000. It is up to you to decide how much you want to invest in the business initially. If you already have a truck at home and you don’t intend to get a CDL right away then you can save money by buying a cheap trailer and starting your business with minimum investment. [/p]
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[p][b]Further Government Approvals [/b][/p]
[p]It is a good idea to register your business with the Department of Transport (DOT) in your state and also with the federal authority if you intend to drive interstate. The state will provide you a DOT number and the federal government authority will give you a Motor Carrier (MC) number. These numbers must be emblazoned on the side of your vehicle. [/p]
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[img src="https://truckerpath.com/uploads/2020/10/How-to-Start-a-Hotshot-Trucking-Business-getting_your_first_order.jpg" alt=""]
[p][b]Getting Your First Order [/b][/p]
[p]It’s often difficult to get your first order but there are resources available online that can help you out. You can sign-up and keep an eye out for potential contracts using <a href="https://truckerpath.com/truckloads/free-load-board/">loadboards</a>, which is an online marketplace where truck owner-operators, shippers, and freight brokers can post and search for loads. If a contract fits your requirements you can sign-up with them and begin your hotshot trucking journey. [/p]
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[p][b]Conclusion [/b][/p]
[p]It is not easy to start a business from scratch and accept profits from the get-go. However, if you work hard, complete all the requirements and stay motivated, you can slice through the initial difficulties and begin expanding and earning handsomely all while being your own boss. [/p]
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[p][b]By Aldous Aldwin[/b][/p]
Trucker Spotlight - Maggie Jessop <em>The Trucker Spotlight series explores the lives of truckers and their journey to make a difference in their industry. We interview different truck drivers to understand some life lessons that make them who they are today. We also learn more about their motivations, and the problems that they encounter on the job. We also tackle how Trucker Path's solutions helped them with what they do. The information that they provide helps inform other people who are looking to delve into the trucking world.</em>
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[img src="https://truckerpath.com/uploads/2020/07/maggie3.jpeg" alt=""]
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Today we are putting the spotlight on <strong>Maggie</strong>, who's a trucker and a blogger. She's a mother of eight kids (six sons, two daughters). She taught high school language arts over 20 years time while simultaneously managing a sewing manufacturing company. When her children grew up, she felt the need to learn something new so she wouldn’t get too old too fast. Let's get to know more about Maggie and her colorful story.
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<h3><strong>How long have you been trucking?</strong></h3>
I got my CDL when I was 52 years old and have been driving for 3.5 years.
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[img src="https://truckerpath.com/uploads/2020/07/maggie5.jpeg" alt=""]
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<h3><strong>What made you decide to be a trucker?</strong></h3>
I went into trucking mainly to improve my circumstances financially. My previous work experience had been in school, office, and warehouse and I excelled in domestic skills like cooking, sewing, and child care. I got really tired of lady wages. It’s a struggle to make a living unless you’re a rock star, movie actor, or have a string of abbreviations following your name. Trucking was a whole new ballgame with strange new terminology and monster trucks and a terrifying and dangerous environment but it tripled my income.
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[img src="https://truckerpath.com/uploads/2020/07/maggie2.jpeg" alt=""]
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<h3><strong>Are there times of loneliness while driving? How do you deal with it?</strong></h3>
Trucking can be boring and lonely if I let it be. I use my solitaire hours to think up ideas and write books in my head. During mandatory rest breaks, I write. So far, I have published two full size memoirs, two children’s books, and fifteen low content books like coloring books, notebooks, sketchbooks, and journals. Trucking and writing make a great team! Rest breaks are too long. I only need seven hours of sleep.
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<h3><strong>What made you start a blog? Any chance you'll start your Youtube channel soon? Any plans of being a CDL Instructor?</strong></h3>
I keep busy driving 60+ hours per week driving over 3,000 miles. I keep a blog called <a href="https://teachertailortrucker.com/">Teacher Tailor Trucker</a>. I am getting ready to publish my third memoir called Stranger in a Strange Land. My fourth memoir comes next and is called Search for the Highroad. It tells the story of my trucking life. I also put out new children’s books every few months. I am also planning to create a YouTube channel. I invested in a home recording studio and plan to record songs, contract voiceover work, and record audiobooks.
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I plan to keep trucking until I can match my income as an author and voiceover artist. Since I have teaching experience, I’m sure I could be a CDL instructor, but my other plans will likely take precedence.
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[img src="https://truckerpath.com/uploads/2020/07/maggie4.jpeg" alt=""]
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<h3><strong>What are your trucking pet peeves?</strong></h3>
My pet peeve in trucking is when little car drivers get too close and then want to cuss out the big rig drivers. Car drivers don’t seem to understand that a semi truck and trailer is over 70’ long and weighs 80,000 pounds when loaded. They take much longer to slow down safely. Cars beware! I try to be patient because I was once a little car myself, but sometimes I have to slam breaks and lay on the train horn to get their attention.
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<h3><strong>Could you identify the current pain points in the trucking industry? And maybe some suggestions on how to fix them?</strong></h3>
When I went to CDL school, trucking seemed to be a male dominated industry. I got yelled at, cussed out, made fun of, and told I was waaay too ladylike and persnickety. “You don’t belong in this industry!” they said.
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They said I would get run over because I’m too nice. They said I’d get taken advantage of by the rough characters in the industry. They said I’d never make it and would give up when I finally realized I was out of my element.
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I replied that just because I work like a man doesn’t mean I have to look like a man or act like a man. I said there’s no law in the universe that says truck drivers have to be fat and filthy and foul mouthed and illiterate. I told the naysayers, “I’m not leaving the trucking industry until I make it better.”
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I’m still here. I am a professional driver. I have never had serious trouble on the road. Other drivers treat me with respect. If I ever break down, it’s not hard to find a decent truck driver to help me out. I’ve been treated better by truck drivers than I have by professional office people.
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As a solo driver, I can control my own environment. I can choose my hours, dress how I please, eat how I please, listen to what I please. I keep my truck clean and I exercise every morning. I work hard and wear a dress because I’m a lady.
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I mentioned one pet peeve, but the most unsavory thing about trucking that I’ve ever known is the rudeness and indifference that truckers deal with at shippers and receivers. Office and warehouse workers often treat truckers like they’re on the bottom of the totem pole. I don’t think there should be a totem pole. I believe that all of us should treat the rest of us with respect.
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Those who have never been a truck driver have no clue what truck drivers deal with. I sure wasn’t aware before I became a driver. My respect has grown by leaps and bounds. Think about it. Every single thing you eat, drink, wear, or use in your home or business came from a truck. The Good Lord provided and a Trucker delivered.
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[img src="https://truckerpath.com/uploads/2020/07/maggie6.jpeg" alt=""]
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<h3><strong>Where can we read some of your stories on the road?</strong></h3>
Here are some of my blog posts where I share thoughts and experiences about life on the road.
My writing is more on the light side with a humorous approach to life while informing my audience of real life experience. Mine are not the norm but hey, if I can get one smile, it’s worth it.
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<a href="https://teachertailortrucker.com/blonde-moments/">https://teachertailortrucker.com/blonde-moments/</a>
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<a href="https://teachertailortrucker.com/mama-truckers/">https://teachertailortrucker.com/mama-truckers/</a>
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<a href="https://teachertailortrucker.com/triple-trucker-trouble/">https://teachertailortrucker.com/triple-trucker-trouble/</a>
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<a href="https://teachertailortrucker.com/hug-a-trucker-day/">https://teachertailortrucker.com/hug-a-trucker-day/</a>
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<h4>By Aldous Aldwin</h4>
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Trucking Industry Update February 15, 2019 <h4>Trucking Industry Update February 15, 2019</h4>
<h6>By Jeremy Feucht</h6>
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<h1><strong><u>Did you Know?</u></strong></h1>
The regulation of the transportation industry, including today’s semis, began in earnest this week in history. On February 10, 1966, Ralph Nader testified before Congress regarding a book he had published called “Unsafe at Any Speed.” His testimony initiated the move towards an emphasis on safety as opposed to power and speed.
<h1><strong><u>Trucking tip of the Week</u></strong></h1>
With all the winter weather still occurring across the US, it is important to make sure you are keeping your headlights clear of dirt. Road dirt and other debris mixed with wet conditions can make your headlights less effective. Remember to wipe them off during your pre- and post-trip inspections.
<h1><strong><u>Trucker’s Fees</u></strong></h1>
One week after news broke that the US House of Representatives is considering a move towards a weight mileage tax on truckers, the US Senate has announced a similar initiative. While discussions are ongoing, there is also talk about increased fuel taxes in the interim while the weight/mileage change in implemented. During the hearing that occurred on February 13, the number thrown around was an increase of nearly $.20 per gallon. If you would like to listen to the hearing, you can access it <a href="https://www.commerce.senate.gov/public/index.cfm/hearings?ID=A73B1CC1-D6D6-4B18-A419-9F33FB5F69BA">here</a> (fast forward to the 2:12:00 mark).
<h1><strong><u>Autonomous Technology</u></strong></h1>
TuSimple, a company attempting to lead the way in autonomous trucking, has raised nearly $100 million dollars in a funding campaign. With its latest round of funding, TuSimple is now pushing a <a href="https://finance.yahoo.com/news/autonomous-trucking-leader-tusimple-closes-110000387.html">$1 billion dollar valuation</a>. This ultimately means that TuSimple is making gains in their push towards a fully autonomous truck. However, this technology has yet to be fully approved for use in the US. While some states have allowed testing, many others have not. This will be an interesting topic to watch moving forward.
<h1><strong><u>Declarations of Emergency</u></strong></h1>
There are at least 32 states under declarations of emergency due to winter conditions in the US. Several are set to expire by the end of the week. Please check the <a href="https://www.fmcsa.dot.gov/emergency-declarations">FMCSA’s Declaration of Emergency page</a> to ensure you are not caught in a bad situation. If you are operating under the HOS exemption granted by such declaration, make sure the declaration is still in effect, so you do not receive a citation for hours violations.