Hotshot Transportation Co. LLC

"You call, we haul."

Interested in running a hotshot business?  It's a simple concept with a lot of moving parts.  The biggest hurdle in getting started are the upfront costs of a truck and trailer and getting commercial insurance.  Those are just the big ones.  

Here's a check list of some things you will need to consider.

 

TRUCKS $10,000+

  • 1 TON Truck or larger
  • Dually (no SRW)
  • 9000lb rear axle minimum
  • Diesel
  • Gooseneck or 5th wheel hitch in bed
  • Long bed (so trailer will not hit cab)

 

TRAILERS $6,000+

  • Depends on what you want to haul
  • Open 3 & 4 car wedge styles for autos
  • Enclosed trailers for autos, motorcycles, general cargo
  • Flatbeds for general cargo and equipment
  • Use goosenecks and 5th wheels
  • Make sure axles and tires are heavy enough
  • Remember more axles = higher tolls

 

EQUIPMENT

  • Lap top computer for online access $1,000
    • Internet access on the road via wi-fi or cellular $50/month
  • 20ton jack
  • Cargo straps, chains, tie downs, pad, etc

 

ADMINISTRATIVE

  • Business checking account (ie:Bank of America)
  • Tax ID number (online)
  • Customer contracts/receipts
  • Business expense receipts / book keeping
  • Business licence/service permit (city hall) $50yr
  • Certificate of assumed name (court house) $15
  • CPA $200 to do taxes

 

ADVERTISING/EXPOSURE

  • Dedicated business phone number
  • Web site $25yr
  • www.uship.com account 7.9%
  • www.centraldispatch.com $35/month
  • Business cards (vistaprint.com) free + S/H
  • Door magnets/signage $100
    • Business name, phone number, slogan, USDOT#, MC#, city & state
  • Local phone book ad $50mo

 

FMCSA requirements 

  • MCS-150 form online $300
  • USDOT #1553028
  • MC #576750
  • Insurance requirements $750,000 liability/$5,000 cargo (minimums) $6000 - $10000/year
  • BOC-3 form $35
  • Safety inspections will be scheduled
  • Fire extinguisher & safety triangles in truck
  • Bills of lading
  • Hours of service log book

 

DMV

  • CDL Class A $50 in NC
  • Will need medical exam form & card completed by MD $150
  • Vehicle registration, for hire tags 26,000lbs ($400 NC)


This is just the tip of the ice berg.  The costs listed are approximate and will vary.  It will take time to get set up and rolling but being your own boss can be very rewarding.  If you have any questions send me an e-mail?  Good luck!

If anybody sees something that could be added to this list, send me an email and let me know.



doteasy.com - free web hosting. Free hosting with no banners.


Modify Website

© 2000 - 2011 powered by
www.doteasy.com