What is a hot shot in the oilfield?
What is a hot shot in the oilfield?
What is a hotshot truck for oil and gas drilling? In short, a hot shot truck will be anything from a pickup truck all the way up to, but excluding, an 18-wheeler. This subleased vehicle also includes a driver that has all the proper certifications to meet your project inspection goals.
How do I find my hotshot loads?
How much money can you make hotshot?
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.
What is the max weight a hotshot can haul?
1. Freight Capacity Restrictions. Hot shot trailers can only legally haul 16,500 pounds of freight on their deck and measure 40 feet at their lengthiest. As a result, for shippers needing more capacity than these thresholds allow, hot shot trailers simply won’t be a capable option for their freight.
What equipment is needed for hot shot trucking?
Tie-Down Equipment: while it feels self-explanatory, having the proper tie-down equipment ready to go, like your chains, ratchet straps, winch straps, or bungees is necessary for all haulers. It is recommended for hotshot truckers to have at least twenty ratchet straps available and four 20′-long chains.
Is Hot Shot Trucking a good career?
Hotshot truckers have the potential to make higher pay rates than they would at a traditional trucking job. A hotshot trucker who properly manages their work schedule and lives in a lucrative location could earn the most money in these types of positions.
How can I get free hotshot loads?
6 Free Hot Shot Load Boards for Pickup Trucks
- Trucker Path. According to Commercial Capital, Trucker Path is one of the best free load boards out there. …
- Trulos. Commercial Capital says that Trulos is another great free-load board. …
- Truckstop load boards. …
- 123 Loadboard. …
- Freight Finder. …
- Free Freight Search.
Is a Hot Shot business Profitable?
The hotshot trucking industry is one of the most lucrative and profitable in the United States. U.S. $732.3 billion in gross freight revenue (primary shipment only) from trucking. This represents 80.4% of 2020’s freight bill.
What size trailer do I need for hotshot?
By far the most common length for gooseneck hot shot trailers is 40 feet. On a PJ Gooseneck this gives you a total length of 49 feet. Longer trailers might give you the ability to haul more freight, but can be restrictive depending on the state laws.
How much money do you need to start a hot shot business?
All told, hot shot trucking start up costs can easily reach the $15,000-30,000 range, but this will vary based on personal circumstances. If you already own a truck, for example, then you just need a trailer and the various legal fees.
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 I start Hot Shot hauling?
9 Steps to Starting Your Hotshot Trucking Business
- Open an LLC in Your State. …
- Get a Tax ID Number. …
- Open a Business Bank Account. …
- Get a DOT Physical (and Your Medical Card) …
- Get a CDL (Commercial Driver’s License) …
- Get Your MVR (Motor Vehicle Record) …
- Get TWIC-Transportation Workers Identification Credential.
Can you hotshot with 2500?
REASON #3: No limitations on hotshot loads If you have a CDL, you can haul over that 26,000 GVWR limit. But let us take this a step further. If you use a 2500 truck with a GVWR of 10,000 lbs and a tandem axle single wheel with 14,000 lbs GVWR, then the combination is rated and licensed for 24,000 lbs.
Do hotshot drivers have to keep a log?
The answer is yes. Almost all carriers and hotshot drivers have to adhere to the ELD mandate and USDOT Number . Truck drivers have a responsibility to log RODS: Records of Duty Status. Drivers have to use electronic logs and maintain an ELD: electronic logging device.
Can hot shot drivers sleep in their trucks?
Do I need a trailer to hotshot?
But to be successful in the hotshot business, one must choose a reliable truck and trailer. All truckers know they should get a strong and sturdy vehicle to do the job. But not all truckers have the same kind of towing trailer, as each has their preference of load to carry.