Can You Make a Living Hot Shot Trucking?

For many experienced and aspiring truckers, owning their own business and keeping more of the fruits of their labor is the dream. Despite its continuous growth in market share in recent years, road transport remains a comparatively small section of the cumulative transportation industry. Freight trucks provide a specialized truck, trailer and driver for each delivery, allowing them to offer the best possible service to the shipper. Popular truckers often operate as sole proprietors, so they must keep track of their business records, including monitoring the time period between shipments, recording the distance they traveled for shipping, and evaluating the exact weight of their earnings.

Combined hot draft units are usually within the range of classes 3-5, giving them a gross weight of between 10,000 and 26,000 pounds. Many popular operators also don't have adequate insurance and often lack the necessary permits and licenses to operate in the states they travel to. Companies usually hire popular truckers if they have a tight deadline and need delivery as quickly as possible. For new owner operators operating under their own authority, finding cargo can be a challenge.

If you're a good truck driver who manages your work schedules well and you live in a suitable area, you can get more benefits than others. A successful truck driver can plan their work schedule to ensure they receive the right jobs to meet their financial goal. The expenses of most hotshots on fuel, maintenance, insurance, licenses and fees, tolls, etc. account for approximately half of gross revenues. More than a decade ago, when hot-draft trucks began to appear on the scene, they largely went unnoticed by regulators.

But on the other hand, there are many hard-working and well-intentioned truckers who have suffered a colossal failure. Although it is still a relatively small segment of the transportation industry in general, road transport has grown steadily in market share in recent years. They are classified as vehicles other than vehicles, but you can use them for rapid transportation if you can operate with authority, a USDOT number (if transported across state lines), liability coverage, and evidence of company ownership.