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Towing and Hauling Towing and hauling with Ford diesel trucks and vans.

       
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Old 10-26-2007, 02:08 AM   #1 (permalink)
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Another Hotshot question

I've retired from the military and am wanting to get into this business for myself, but first I would like to hear from some of the pro's about the RIGHT way of going about it. I live in Southern Calif. but am planning on moving out eventually, or as soon as the housing market improves. If anyone is willing to offer their advise, comments, criticisms or general 2 cents, I would be greatly appreciative. Please send PM.

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Old 10-26-2007, 08:19 AM   #2 (permalink)
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Re: Another Hotshot question

There are no pro's of hot shotting. The only way to make money is to play in every grey area there is and roll the dice on legality issues.

The more we tried to make our trucks legal the more fines we were given. No we are just a guy on vacation and rarely get questioned.
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Old 10-26-2007, 11:25 PM   #3 (permalink)
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Re: Another Hotshot question

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: MarkEkberg</div><div class="ubbcode-body">There are no pro's of hot shotting. The only way to make money is to play in every grey area there is and roll the dice on legality issues.

The more we tried to make our trucks legal the more fines we were given. No we are just a guy on vacation and rarely get questioned. </div></div>

I've got to say that is the truth. I scraped my DOT numbers off about 4 years ago and haven't looked back. I work a day job and do some hauling on the side. Much happier and make more money.
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Old 10-27-2007, 05:31 PM   #4 (permalink)
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Re: Another Hotshot question

Hi Skoal,

From my past experience, 45yrs of pulling private loads, I've made several observations.

My most recent 7 State 3600 mile trip, summer of 05, increasing load weight from 26000lbs to 31000lbs was a huge weight increase for my F350 DRW and it will NOT be cost effective to run at 31kGCW. Maintance/repair costs will far exceed available income.

If you research user named, Pat Dolan, you will find he's using a F450 for commerical hauls and confirms my above thoughts.

My cost for that trip with average fuel cost at $2.65gal was $0.48mile ( based on commerical costs) based upon 300k mile life time usage, and does not include labor. Food and lodging was included.

Since I'm not a commerical trucker (CT), lets assume using a commerical truck would double our costs or $0.96mile based upon 600k miles without labor, then I could figure I could make 1/3 more net income using this truck as I can haul 3 times the load weight than my F350 can.

In the real world, I would do much better than my estimate of 1/3 more net income as the CT will last twice as long with lower maintance/repair/replacement costs than my F350. Without being in the CT bizz, the actual savings would be hard to figure.

Yes, the $.96/mile CT include the higher expence of the CT&T costs and is a fair comparrison when I considered that most CT firms upgrade there fleets at 600k miles.

I'm pretty sure that load brokers also can do the above math so why would they want to pay me the same rate when I'm hauling only 1/3 the load weight? That's why you can NOT make money hot shoting while using a load broker. That only leaves speciality loads for hot shoting. Have you noticed the prices paid to hot shoting trucks? I've seen quite a few prices in the $.80/mile range and usually requires a long loading time. I can't make any money at $.80/mile in fact I will loose money and have no income.

I tried to pick up a back haul to cover costs on my last trip using specility load hauling. In two weeks advertising, I got alot of offers for loads not even paying my one way fuel costs much less trying to make a few bucks. I had alot of load brokers call me too so it wasn't like no one wanted something hauled, it was just they didn't want to pay a resonable rate.

Making money hot shoting? I don't think so. Making a few extra bucks? Yep I can see that as then you can choose your loads that will make you a few bucks.




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Old 10-27-2007, 06:31 PM   #5 (permalink)
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Re: Another Hotshot question

I looked into running loads on my flatbed. The rates that were available would ahve only been profitable with no deadhead, which is not really feasible with a specialized transport vehicle.
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