When you think of trucking, what typically comes to mind? A larger than usual vehicle containing a huge load of supplies traveling to a certain destination. Hotshot trucking works pretty much the same way except there's a twist; you must make a delivery within a very specific timeframe.
It's not exactly an easy career to get into, but if you know what you're doing and you're eager to make the commitment, then you've come to the right place. We've done most of the research for you and compiled the most relevant information relating to hotshot trucking. In this article, we'll be going over what you need to know about hotshot trucking and how you can start your career in it.
What is Hotshot Trucking?
Hotshot trucking is when a freight containing supplies is hauled by a tractor or a pickup truck. These supplies usually include agricultural equipment, heavy machinery, and less than a truckload items. Hotshot trucks have three different classes: Class 3, Class 4, and Class 5. These classes represent how heavy the truck is. You're probably wondering what makes hotshot trucking different from traditional trucking. We briefly mentioned how you must deliver products in a specific timeframe. The same applies to traditional trucking, but hotshot trucking is typically faster.
The two main differences are the equipment as well as the educational requirements needed to do hotshot trucking. To participate in hotshot trucking, you must have a Class D license or a commercial driver’s license (CDL). You also need to have a medical card, which is used to show that a driver can hold a CDL. If you plan on opening a business, your next course of action involves registering it with your state. The requirements do depend on the state you're in, so be sure to review the guidelines before anything else. Once registered, you'll receive an employer identification number (EIN), which functions similarly to a social security number. It's used to help verify your business.
Is Hotshot Trucking Worth It?
In the long run, yes, hotshot trucking is worth it for a variety of reasons. For starters, it's a great way to gain experience in the transportation sector. The next key benefit is having low startup costs. Starting a business of any kind is going to cost you a lot of money, but hotshot trucking doesn’t require you to invest too much. You also don't have to worry about being away from your home and family for long periods of time. Hotshot drivers also have the potential to make a decent income as the rates usually charge per mile.
What Are The Disadvantages?
Where there are pros, there are certainly cons, and hotshot trucking is no exception. One of the most glaring cons of hotshot trucking is the amount of maintenance needed. Because of how frequently you'll be on the road, your vehicle may sustain more wear and tear than usual. Maintenance, such as oil changes, swapping tires, and engine repairs, can be very costly if allowed to rack up. The next disadvantage is the competitiveness of the job. Hotshot truckers is a very competitive career as loads are expected to be delivered quickly. This can make it difficult to find clients.
Lastly, you're, unfortunately, on your own when it comes to hauling loads. It's freelance work, so you're in charge of most of the responsibility a trucking company usually is. Having this level of independence is a benefit for some drivers while others may prefer to have the hauls planned for them.