HotShot Trucking 101 - Don’t Haul Cheap Freight!
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- čas přidán 21. 03. 2021
- A video of how we suggest to keep your company in a profitable position by figuring out what freight is too cheap for you! Please comment and ask questions! Thanks!
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My rate is 3 .00 per mile per unit on trailer and I use a square Don zon for collection I accept all major credit card and only hail cod loads and loads do not come off my trailer until payment hits my account other wise your freight goes into locail storage unit until paid including storage fees at 25 percent overage of storage bill
Appreciate this I’m just getting started
If anyone wants to know how to stack partials like a champ i’m your guy ;) but yeah cheap freight hurts everyone! Your gas coverage to get home could be someone else’s load out that he could have negotiated up to be profitable
Great information good job and advise to follow
Good stuff buddy
Love this Video! We have been doing this at your level since 2017 and a lot of what you have talked about in many of your videos has been growing pains for us along the way. Definitely have a savings, you just never know. Also absolutely DON'T HAUL CHEAP FREIGHT, it hurts the other carriers and you.
This is actually us just signed into personal on comment, my bad.
Always good info. Thanks!
Thanks again Eric!
This is a great video.
The key take away in this whole video is, what does my setup cost on a cpm basis.
Ironic that it is the non-cdl guy who mentions it.
I am just getting started myself, non-cdl, and after watching a ton of hotshot vids, I am SHOCKED at how many guys, literally 90+%, don’t understand this concept. All you have to do is watch their video when they go over how much money I made this week/month and it is very apparent.
So many o/o have zero clue and literally are taking money out of their business and giving it to brokers.
Why so many drivers just love to do this boggles my mind.
Just because you aren’t spending cash today, doesn’t mean you haven’t spent it. The expense happened, you just haven’t paid for it yet, but you will. The question is will you have the cash when that time comes? The smart business owner will.
Every single mile you drive costs you something, no matter when the actual cash outlay happens.
Once you understand the concept of accrued expenses, your chances of success in your business just went up 100 fold.
That’s an amazing explanation. I really appreciate the insight!
That information is bold print onmy contracts no fine print and if I have to return to said storage unit you are billed the additional mileage rate no if ands or butt s you want your fraight I need paid upon delivery that simple and it. Seems to work and I stay between I 35 and the Utaha border and from Colorado to Baytown Texas
Great video, it is helpful. Thanks!!!!!
Thank you!
Great stuff shared here, Brother.
I appreciate it man! Hope you’re staying safe out here.
great video information
Appreciate it!
Just bought a 22ft F700! Thanks for your videos!!
Congrats Charles! Glad you like them!
I just want to say thank you Sr. For all that great info, i will keep you in mind just in case, however i do have a jod at this point, am home every day after driving for 12 to 13 hrs regional, Cdl doubles trples, tanker, i had a hazmat but i let it cuz i was not using it, once again thank you, and plz be safe out there too many trolls to deal with, have a wonderful weekend😀
Really appreciate it Felipe! Glad to hear things are well for you and I’ll certainly be as safe as possible! You do the same!
Hey boss I'm starting my hotshot company, got my EIN number, got my authority and boc3 and UCR. I'm still a month or so away from being able to start. Just trying to learn everything I can that way when I start I'm ready ready. Was hoping we could get in contact at some point so you can share your expertise and help me be successful. I'm in Colorado and starting from scratch. Hopefully we can talk soon. Thanks sir your vids have helped a ton
Can I ask you what partials are? We are new to this business and are trying to get as much information as we can. Thank you!! Love how to the point your videos are!! Great content!!
A partial is a second or third load to fill your trailer. Let's say you pick up a 4x4 skid as he was saying in the video that weighs 5,000 lb. That's not going to take up very much space on your trailer. So some carriers will find a second or third load to fill the remaining space of the trailer that is going in the same or approximately the same direction or location. A lot of times the partial loads will pay far less than the main load per mile but if it's on your route some carriers will take it because it adds to their overall rate per mile for that trip. I hope that was clear enough to understand my ranting at midnight lol
Great video for sure... Ok I've been hauling RV trailers as well part time and I am ready to get my own trailer and do the noncdl hotshot
I have my LLC now but need to get my own DOT and mc number
My question is how do you find your brokers and get started ???
I don't like driving from Missouri to Indiana to get RVs.. to much dead heading and I will keepy normal job which currently I work 2 days a week and am off 5 days a week and will drive on those days
What do you suggest??? I am a veteran btw
Hi. Love your post very helpful. I have a question what are the rules if I just want to move rv, campers boats and motorcycle from state to state ? How does the wait off the truck and the trailer become different if they do ?
With diesel over $4.00 a gallon (March 2022) and many say likely to hit $6 to $7 by summer, anyone who hauls cheap freight will go broke twice as soon. Now's the time to put the cheap freight brokers out of business instead of yourselves.
Interesting video! I wonder: how do you calculate "deadhead miles" when considering a load? How do you manage running empty on the return trip... do you figure that into your cost as well?
Can you share a link or referral code for the trailer setup for non cdl driver? can you do a video for enterprise truck rental? do you do a mentorship program?
Haul what your worth 👍🏻
Absolutely man! People need to stop selling themselves short!
Amen! Wait....did you say Swift? 👀😒
How do I go about calculating what it cost to run per mile?
@shipleytransport how do you calculate your $0.98 operating cost? Are you calculating your total business cost by days a month? Business cost divided by what? Thanks I greatly appreciate it
CDL Hotshot $2.25 a loaded mile is the cheapest I’ll drive for
That’s great Jeff! Glad you’re getting good rates man!
At least $2.15
If everyone drove deadhead rather than $1.50/mi, then there would be no expectation among "customers" that "if I'm just patient, I can find a trucker to ship this at cost." When you take those $1.50/mi jobs, you are the cause of the problem.
Love your videos but get rid of that garbage chevy and get a cummins! will save you money buddy that's all we drive and we have cummins with 800,000 miles still running still gets 18 mpg loaded or 24 mpg unloaded God bless brother
Appreciate the feedback man. This truck works great for me now but who knows what the future holds.
i see you are in MO. I live in KS. What part roughly? I'am looking to get into the business. I have my LLC just need to get my numbers. what are some good load boards?
I live in the middle of the state right off I44. As far as load boards, we usually use Truckstop and DAT.
@@shipleytransport3211 oh cool, I live in Kansas city. Can you link the site you got your trailer from
@@jrparker1108 I actually got it from a buddy. It’s about to be for sale though!
Man im 20 years old and i wanna do this none cdl and company’s have told me i need to be atleast 25. any company that you know i can work with? i seen some of your other vids and im trynna figure out how to get my DOT numbers and all that. Any info would help man
I’m gonna try to do a video over that very soon!
@@shipleytransport3211 looking foward to it 👍
My name is Eddie I'm out of Cleveland Ohio I would love to get into this business can you help me
Do you calculate your dead head miles into your 2.00 rpm?
Sounds like Craig is just specifically talking about loaded miles in this video. I personally tend to focus more on total miles but I'm not in the hotshot game. Either way the goal is to keep your deadhead miles as low as possible IMO
So this video specifically was more so talking loaded miles but yes deadhead miles should be included in your thought process. Any mile you use your equipment to cover should be calculated in the bottom line so that you’re covered for your time, maintenance intervals, and duration spent away from home and your family. Every mile in my opinion is worth something to you so it should be accounted for when you are pricing out a load. (Obviously all of this is strictly my opinion though too).
Girl hauling partials here ✌ well, occasionally lol. I get good rates for short loads in Chicago. I'll run TL and/or local for the right price
I also have a cdl so I can haul a few partials and make good rate per mile
Looking around the boards, it seems almost as if the expectation is around 1.00 a mile or even lower in some scenarios by people cutting themselves short. Thanks again for the videos!
All wives and girlfriends think they are perfect don't they
That's just it though your working and listening to someone else!
How you doing I love your videos my name is Eddie I'm out of Cleveland I'd like to start my own transporting business is there any way that you can help me out with this I can give you a number to contact me at