MyVans Your Vehicle Solution
Hotshot trucking is a type of trucking that involves the transportation of goods using a small truck and a trailer. This type of trucking is ideal for people who want to start their own business, but don’t have the capital or experience to operate a full-size truck. In this article, we will discuss the steps you need to take to start your own non-CDL hotshot trucking business.
Step 1: Get Your CDL
To operate a commercial vehicle, you need a commercial driver’s license (CDL). However, if you plan to operate a truck and trailer with a combined weight of less than 26,001 pounds, you don’t need a CDL. Instead, you need a regular driver’s license and a motor carrier authority number (MC number).
Step 2: Register Your Business
To start a hotshot trucking business, you need to register your business with your state’s secretary of state office. You also need to get an employer identification number (EIN) from the IRS.
Step 3: Get Insurance
Getting insurance is crucial for any business, and hotshot trucking is no exception. You need liability insurance, cargo insurance, and physical damage insurance to protect yourself and your business.
Step 4: Buy or Lease a Truck and Trailer
To start your hotshot trucking business, you need a truck and a trailer. You can buy or lease a truck and trailer, depending on your budget and needs.
Step 5: Get Your Motor Carrier Authority Number
To operate as a hotshot trucking business, you need to get a motor carrier authority number from the Federal Motor Carrier Safety Administration (FMCSA).
Step 6: Obtain Necessary Permits and Licenses
Depending on the type of cargo you plan to transport, you may need additional permits and licenses. For example, if you plan to transport hazardous materials, you need a hazardous materials endorsement on your CDL.
Step 7: Establish Relationships with Shippers
To get business as a hotshot trucker, you need to establish relationships with shippers. You can do this by attending industry events, networking with other truckers, and reaching out to potential customers.
Step 8: Set Your Rates
Setting your rates is an important part of starting a hotshot trucking business. You need to consider your costs, the market demand, and your competition when setting your rates.
Step 9: Market Your Business
Marketing your hotshot trucking business is essential to attract new customers. You can use social media, online advertising, and direct mail campaigns to reach potential customers.
Step 10: Grow Your Business
As your hotshot trucking business grows, you may need to hire additional drivers and purchase more trucks and trailers. You should also continue to network and market your business to attract new customers.In conclusion, starting a non-CDL hotshot trucking business requires careful planning, hard work, and dedication. By following the steps outlined in this article, you can start your own hotshot trucking business and achieve success in this growing industry.
