Do Hot Shot Drivers Make Good Money Hotshot trucking is a niche trucking area that simply involves using a Class 3 to 5 truck and trailer usually a flatbed to run shorter and faster jobs Hotshot operators will use regular trailer hitches or a gooseneck hitches in order to maximize their truck s towing capacity This type of trucking has been made extremely popular in recent
How much does a Hotshot Driver make As of Aug 6 2024 the average weekly pay for a Hotshot Driver in the United States is 1 133 a week While ZipRecruiter is seeing weekly wages as high as 1 538 and as low as 481 the majority of Hotshot Driver wages currently range between 903 25th percentile to 1 375 75th percentile across the United States How Much Do Hot Shot Truck Drivers Make Hot shot drivers get paid per mile and this dollars and cents amount will depend on the value of the load Drivers typically make between 25 and 85 of the load revenue This is a big range so there s the opportunity to make more or less as a hot shot driver depending on the types of jobs you take
Do Hot Shot Drivers Make Good Money
Do Hot Shot Drivers Make Good Money
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According to data from Glassdoor the estimated total pay for a hot shot driver is 48 003 per year in the United States area with an average salary of 45 329 per year Data from Salary suggests that the average hot shot driver salary in the United States is 55 451 as of May 01 2023 with a typical salary range falling between 48 669 A well run hotshot trucker in a reasonable location for regular loads can bring in from 60 000 to 120 000 gross income per year possibly more Most hotshot s expenses fuel maintenance insurance licenses and fees tolls etc are approximately half of gross income Time and fiscal management are critically important to succeed as a
Some carriers and customers require 1 000 000 or more Cargo insurance is usually required up to 100 000 per shipment Most insurers offer discounted rates to CDL holders In a recent survey of hot shot operators most claimed to pay between 4 000 and 6 000 per year for their liability coverage The average hotshot profit varies depending on a number of factors including the number of loads hauled the distance traveled and the size of the loads However in general hotshot truckers can expect to make between 60 000 and 120 000 per year Some hotshot truckers can make even more than this
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Yes hotshot truckers do make good money While your salary will vary based on where you live how many loads you take on and your rates versus your expenses some hotshot drivers can make six figure salaries Usually though full time hotshot truck drivers make between 50 000 and 75 000 a year The hot shot rates per mile can vary quite a bit On average hot shot drivers can make anywhere from 1 50 to 2 50 per mile Factors such as load size urgency and destination can impact how much you charge per mile Experienced hot shot drivers with a strong reputation may also command higher hot shot trucking rates
This type of small cargo load is a good opportunity for beginners in the trucking industry because they don t need to invest in a big rig They make money by paying truckers less than the shippers pay them RODS The two exceptions are if the hot shot driver does not keep RODS for more than 8 days out of a 30 day period or if they How much does a Hot Shot Driver make in the United States The average Hot Shot Driver salary in the United States is 41 017 as of July 29 2024 but the salary range typically falls between 36 028 and 46 597 Salary ranges can vary widely depending on many important factors including education certifications additional skills the number of years you have spent in your profession
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Do Hot Shot Drivers Make Good Money - Hot shot drivers typically operate super duty pickups with trailers rather than heavy duty Class 8 semis When done right hot shot trucking can be a lucrative business You can choose to become an owner operator meaning that you own and operate a hot shot business under your own MC number or you can lease on with another company