How to Start a Trucking Company SUCCESSFULLY | Hotshot Trucking

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In this video I give you 5 key tips for starting a successful trucking company or venture as an owner operator for hotshot, semi or any type of commercial driving.
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28 сен 2024

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Комментарии : 151

@davidmcduffie5629 2 года назад

I totally agree! Having your CDL equals work stability! One must also stay safe and sound, driving profitably through each town!

@InterestingInmates 2 года назад

100% accurate. My cdl was the most valuable thing I've ever owned. Never lost me a penny makes me 800 or more every day I use it

@jeffreyulery2182 3 года назад

Tip 1 is real. Imo goto cdl school, go drive otr for a yr and learn and save then make a move if it is right for you.

@anthonymalone6533 3 года назад

Not gonna lie sir, you completely killed my big dreams, lmao. However, I think it was something I really needed to hear. I was sincerely planning on becoming a business owner without driving at all. I work in law enforcement and thought I would just jump right into it

@LoadMizer 3 года назад

You’re not alone. I’ve had a ton of LEO’s reach out to me over the past year and a half.

@bobpettit3301 3 года назад

Interesting. I’m retired LEO from Las Vegas and getting ready to start my hotshot career now. I’ve had a bunch of questions that I’ve had answered except for one. I already own a 2016 Chevy Silverado 2500 diesel. I want to use it (since I already have it) and I haven’t seen anyone using GM trucks. I’ve never bought into the brand loyalty and talking crap about every other brand. Chevy, Ford, Dodge are all good trucks and each has its strengths and weaknesses. Having said that, is there something I’m missing as to why I don’t see hotshot drivers using GM trucks?

@anthonymalone6533 3 года назад

@@bobpettit3301 following.. and thank you for your service in Vegas man!!

@slimshady5342 3 года назад

I was in the same boat police work is not cutting it. What I’m doing is lease on with someone as an owner operator. I’ve already started my process to get my own authority so once it’s done I can chose to use either option.

@slimshady5342 3 года назад

@@bobpettit3301 I’m sure if the trucks in good shape it’ll work fine for now. Just don’t haul near your max weight. Once you make some cash you can trade it in on what you feel would be a better choice. I mainly see ram 3500 duallys. Not a lot of fords though. And get your class A cdl. Yeah you might not need it now but after February 7th good luck getting it easily after that. Stay safe.

@jacobwheeler6136 3 года назад

I've had my CDL with all endorsements for almost 8 years and have been hauling all kinds of fuel in a set of doubles for almost that whole time. Even with my experience, it's still nerve wracking starting hotshot car hauling.. I guess it's something people do when going from employee to boss..

@LoadMizer 3 года назад

It’s always hard to take that leap. If I didn’t have years of experience booking freight it would have been very hard to turn a profit at first. Piecing together consistent high profit margins is not an easy task. It takes a long time to figure it out.

@leec7757 2 года назад

Ton of good detailed knowledge!!! Appreciate the video/info buddy👍

@stevearrington7139 3 года назад

Another great video. Keep it up bro! Be safe on the road

@kevinceniceros1418 Год назад

Needed this ! Thanks

@Dcfinest11 3 года назад

Good video load mizer..... any upcoming videos on how to drive with a trailer the do’s and don’t......

@LoadMizer 3 года назад

I could hit on that. Would take a while though showing all the scenarios.

@lennycordova5133 3 года назад

Good info. Thanks

@rayramos7048 3 года назад

The reason most want to drop in to Hotshot is because they think it is easy...

@LoadMizer 3 года назад

A lot come in with that mindset. They don’t wNt to hear the truth, they’d rather find out the hard way 🤷‍♂️

@geriatricginger 3 года назад

@@LoadMizer I want to hear the worst.. since thats usually the shit I see in day-to-day lol

@jeffreyulery2182 3 года назад

Also prolly thinking it's a cheap start up and not padding the first year with some savings

@coachheaden9931 3 года назад

It’s far from easy and far from cheap. But gentlemen this sick puppy is falling in love with it.

@morgankennen5315 2 года назад

Great content bro ✌️😎

@azhauling4109 3 года назад

😂 boarder-line criminal! 😂 so true! My guys great 👍🏻

@austinthurman2817 3 года назад

Seen you at Manheim in Nashville the other day. I spoke. Wish I would’ve had more time to talk. Truck looks good with those stickers

@LoadMizer 3 года назад

Hey thanks man! I was trying to ask if you were leaving but I don’t think either one of us could hear that good with all the semis idled up lol.

@austinthurman2817 3 года назад

I had a inop I had to roll off. I had to come back out and load a couple. I’m sure I’ll catch you again. Usually there 2 or 3 times a week.

@kennethmcdowell1248 3 года назад

I Appreciate your videos. I was a operations manager for 8 years. I dispatched 12 trucks. I’m currently on my 21 waiting day period for my own authority. I’ll see ya out there some day! Look out for 419 Logistics

@LoadMizer 3 года назад

That’s awesome man!

@LoadMizer 3 года назад

Yeah man you’ll definitely catch me there for sure.

@essentialyou8813 Год назад

Do you all know what NAICS code to use for hot shot truckload flat bed hauls? Thank you for your help

@migueldangelo4601 Год назад

Hey Question! Can I use my truck for personal runs ?is my only car and how that work please

@chasingmydreamaaaa2460 3 года назад

With your experience in both flat bed freight and a wedge car hauler, can you give your opinion on which pays more.

@LoadMizer 3 года назад

I think that as far as regular capacity goes between the 2, the general market and lanes...cars consistently pay more than freight. It’s a LOT more work though. You’ll spend a lot more time making stops than just driving.

@artemkroshkin196 2 года назад

Hello! Great video! I have a tricky situation... I got my CDL license a month ago. I also got my DOT number, MC number 2 weeks ago and BOC-3. I don't have a truck, only a Chevrolet Astro (GVW 6000 lbs). To make my authority active I need insurance and the question is can I get such insurance for my Chevrolet Astro (GVW 6000 lbs) and will it make my authority active? I called too many different insurance companies and asked them about if I will buy a truck will they insure it with my DOT and MC number? Almost all of them said that they don't work with CDL drivers with experience less than 2 years and authority less than 1 year old. Progressive said that in California they don't work with new authority. I even don't know what to do now because if I really will buy a truck that I'm gonna do in the next couple months who will give me insurance? How can I age my authority? I have less than 2 weeks to activate my authority (there are 21 days) and what happens if I will not get insurance within 21 days? I know here is a year allowed to organize everything. I know it's also very important for brokers if age of my authority is bigger, most of them will not work with brand new authority. Or age of my authority doesn't depend on if it is active or not? Have I insurance or not? Maybe I should rent a truck for a while to activate authority until I'll buy my own truck? The another question is: If I will rent a truck in another state and get insurance there, in another state - will such insurance work for FMCSA? Thank you in advance!

@tonyjohnson8416 3 года назад

Not sure how hotshotting compares to transporting rv,but I would think it would be similar which is what I currently do,so I'm used to the driveing and hauling was thinking of buying a tralior paid for and have some money put back for trouble that's what I have to do now in transporting rv for down the road would you think they are about the same transporting rv and hotshotting watching all your videos

@LoadMizer 3 года назад

From what I’ve seen on the boards and heard from those doing it, you’ll make more money doing hotshot. Tow aways don’t seem to pay over $2 a mile from what I’ve been seeing and it’s also a 1 way trip as far as Power only goes. Having a trailer allows you to constantly string loads together. You’ll be able to maximize your time out if you have a trailer. Load securement will be the big learning curve.

@tonyjohnson8416 3 года назад

@@LoadMizer yea been doing rv for little over a year now,and it seams like when they are slow you are slow,I was figuring they would be less slow times not just being locked down to just 1 type of freight,the insurance would be alot higher to what I am paying now but I am leashed on with somebody so insurance is cheaper now,the load load securement would be a hard learning curve no room for mistakes got a ton of questions thou alot to sort thru and get in order

@wkk5064 3 года назад

I have a question on hotshot CDL startup...for the initial FMCSA inspection for the authority activation....do you get in trouble if you have a bed setup by removing the back seats? How about other modifications like booking up an AC or generator unit on the setup???

@LoadMizer 3 года назад

There’s no truck inspection to activate your authority. The only time you’ll get inspected is your annual and at weigh stations. As long as everything is secured you’ll be fine. They don’t inspect the inside

@wkk5064 3 года назад

@@LoadMizer thanks...but I recall you video on steps to get started where you talked about getting things lined up for taking the first load and I recall you mentioned something that once you application is filed you have to wait for inspectors to schedule you...may be that was highway police inspectors????? Or may be things have changed in last one year....I will search for that again....

@wkk5064 3 года назад

I just saw it again, you were talking about the safety audit in first 180 days....thanks

@wkk5064 3 года назад

So as far as bed goes...I heard it has to be DOT approved sleeper setup....is it only for team driving?

@LoadMizer 3 года назад

Yes or to be able to split log. You’ll just log 10 hours off duty.

@markbremmer8642 3 года назад

Stick shift or Auto? What is your opinion on this?

@LoadMizer 3 года назад

At this point I really don’t have much of a preference between the 2. If I drove more mountain grades I’d want a manual but the auto does just fine through most of the country. If you’re looking to do your own repairs the manuals are cheaper and easier to work on though. 👍

@THEBEARDEDONE82 2 года назад

Cdl is a guarantee employment card

@peterperkins7889 3 года назад

How long it takes to start the hotshot company ?

@LoadMizer 3 года назад

About a month if you move quick

@ismauribe 3 года назад

I just started this past April, it took me three months. It took a while for an insurance company to insure a new venture like me, once I had the insurance, I had to wait for my Authority (3-5 weeks).

@drill4408 3 года назад

Say it’s time to inspect bearings, seals, brakes for the 1st time. How do I know if stuff is still good? For example bearings

@LoadMizer 3 года назад

Brakes can be measured by sight. There will be a wear line in the pads to show you when they’re ready to be changed. Bearings are a little different. Unless you notice metal shavings in your grease or oil when you change them out, you’re going to have to go by sound. Jack the wheel up and spin it. You shouldn’t hear any resistance at all. If you do then you’d be smart to go ahead and swap the bearings out. Check each wheel at least once a month. Once a week is a much better schedule but most definitely at least once a month.

@drill4408 3 года назад

@@LoadMizer Thanks man this really helps.

@c.j.rogers2422 3 года назад

Drill: New bearings are reasonably cheap...seized bearing most certainly are not.

@disarmyou84 2 года назад

I don’t get it, he saying he doesnt get how anyone would wanna be an owner/operator with no experience. Most people that get into this are owner operators lol

@LoadMizer 2 года назад

Almost all of them fail too.

@disarmyou84 2 года назад

@@LoadMizer I’m about to start my own hot shot with no experience. Wish me luck bro. I’ve done all the research I can do. Thanks for all your vids

@anibalmatos6075 3 года назад

So who's your accountant?. Haven't found one yet that is good....

@LoadMizer 3 года назад

Do you live in Kentucky?

@anibalmatos6075 3 года назад

@@LoadMizer no ny but have my llc in georgia

@LoadMizer 3 года назад

My accountant will only manage accounts in Kentucky.

@anibalmatos6075 3 года назад

@@LoadMizer gotcha. Well I guess the hunt continues.

@laiautotransport6673 3 года назад

i sent you a message on instagram

@jesus1stconstitution2nd68 2 года назад

Thank you. I’ve been driving for 3 months now. You’re spot on based on my experience so far. Your worst days are your first days

@martincordell6676 3 года назад

My Wife CARRY. S..(BAIL MONEY 💰 👌 😎 for me.) ALSO CARRY BAIL MONEY 💰 FOR YOUR ACCOUNTANT...!!!!! Thanks for EVERYTHING CORDELL HAULING LLC FAMILY 👪❤ 👪!!!

@petercole2339 3 года назад

Good stuff man! Very well put! Nothing worth doing is easy.. success is a fight...

@boseal7633 3 года назад

Well said brother I been doing this for 8 years an in these fb groups an online groups it use to be people takin about work now all it is is people askin how do I get my numbers how do I start An is this a good truck to hot shot in one guy even asked what 4wd did An was serious

@zackmack4724 3 года назад

Hey do you have a video on brokers that work with new authority owners. If not that would be fire. Thanks. 🤞🏾

@burt714 3 года назад

Hehe I screwed up... started as an O/O after I retired from another gig. Luckily my better half knows business:-) now here I am in a Loves hanging out in a pickup🤪 at 58lol. It’s actually been interesting and certainly not easy. Paperwork is a pain. Dispatchers not really having the flick on the loads they are pushing. ( although some have been great to work with) tons of cheep freight to hit the “ not interested” on. I’m still using TS and CD but I don’t really haul many cars. I did do some stuff right:-) got my CDL in my new truck and trailer:-) did hire an accountant. Going on six months. I appreciate your videos. Really practical videos on the shades,bed, greasing hubs... good stuff!

@LoadMizer 3 года назад

That’s great man, I hope everything that helped me is able to help you too. Things constantly change in this industry, keeping up with increasing expenses is the hardest.

@nomadic-brit 3 года назад

On Point Ricky . Have a great day 🇬🇧🇺🇸👍

@michaelphillips4875 3 года назад

Great video! Thank you for the knowledge!

@eri_gq1741 3 года назад

Thank you for headed up bro... This makes a lot of sense in a practical way. 👍✅💯

@toddkelledy3441 3 года назад

Well done!!

@mikegoens2128 3 года назад

Another great video. I have been putting in the time researching all this for about 6 months. I think its time for me to hit the road. Ordered my trailer and waiting on the rental truck. Only thing I am debating now is the rental truck or running my 01 chevy dually and setting all profits in the bank. Not paying the lease would put a lot more in the bank. But then I have better reliability from a new rental.

@c.j.rogers2422 3 года назад

I imagine there's a reason you don't see a lot of GMs in the hotshot biz, and a 20yo one at that. I hope it works out for you.

@romanhut2917 3 месяца назад

I’m working on my college degree for business administration associates degree . I already have my class A license so I’m thinking of doing hotshot work . I already know the trucking part now I need knowledge in the area of business in general . An associates degree is easier to obtain plus it hits on light finance , accounting , marketing plus budging for your business . I learned a long time ago you need to know things for yourself .

@pensosa1727 3 года назад

I have been driving tow truck for 15 year and prior years of driving semi for farming.been looking into into hotshot. Working on my cdl.havr an accounting person and a tax peraon.in your opinion am I on the right path?

@LoadMizer 3 года назад

That’s a good start. Just don’t rush anything. 👍

@pensosa1727 3 года назад

No sir I just do small loads in state for local friends tell I get moved to nebraska and have my cdl.then going to move equipment for the farmers to the shop or break downs and go from there.thanks for the videos. I was watching other video that was given so info that I couldn't confirm. Keep up the info if you can sir drive safe .

@cpeterkin7 2 года назад

Easy sub. You content is well done and full of useful information. Thank you.

@changeibc9599 Год назад

How to Start a Trucking Company SUCCESSFULLY You would have no Clue. Your a Hot Shot.

@HM-pl2ns 3 года назад

💯

@scottcrupper6883 3 года назад

Excellent assessment! Thanks for the unfiltered honesty.

@cmvdriver 10 месяцев назад

Very good advice. Company drive, payoff bills and save until the money is right.

@ajaykanago8747 3 года назад

"wondering if they're borderline criminal"... ha ha ha ha

@boseal7633 3 года назад

Now ant the time to get in fuel is up an prices are super low

@ramblin_man23 3 года назад

Borderline criminal lol 😂

@burt714 3 года назад

Haha I’ve left my back shade up also:-)

@Edenssunlight 3 года назад

Phone broken??

@okieroofer79 3 года назад

I feel personally attacked...... 🤣😂

@LoadMizer 3 года назад

🤣 the. what.

@LoadMizer 3 года назад

You’re one of the few exceptions I know of 🤣

@okieroofer79 3 года назад

@@LoadMizer the only thing you were missing was, if you wanna see how not to do it... watch that horse guy 🤣

@LoadMizer 3 года назад

🤣🤣🤣 🐴

@marcwiththestocks 27 дней назад

Still in the biz?

@drill4408 3 года назад

Thnx

@mariemcrae5347 2 года назад

Hi, I have been driving class A cdl 14 yrs and the honeymoon is OVER. .YES I WANT to learn.

@mariemcrae5347 2 года назад

OTR EAST TO WEST. IM torn between this gooseneck or box truck.

@stephenbrandon8117 3 года назад

Great video in almost done to be out there and start my business in hotshot do you have any info on accountants to look up I like border line criminals lol

@LoadMizer 3 года назад

I’d just google accountants and the city I’m in and work outward. Avoid large firms at first though.

@DroptineTrans 3 года назад

100%

@laiautotransport6673 3 года назад

good morning sir. any chance you can email me? i got a few questions

@LoadMizer 3 года назад

Shoot me a message on Instagram

@lahoriafzal 2 года назад

hello there.. i am thinking to start auto hauling business. i have quite a few questions. i thought i should ask at this platform. 1..... what kind of truck i should use if i go with 2 car trailer ? 2..... and so what kind of truck if i decide to go with 3 car trailer.? 3.... how to get business ? there is one car auction place in my city. 4...... as a beginer,,,,, should i start with 2 car trailer or 3 car trailer..? 5..... how much is estimated insurance for this business..? i have regular license , not CDL. i hope regular license works for this.? lastly..... you and they all say "HOTSHOT" . what does it mean.? thanks.

@hotshothaulers 3 года назад

First

@LoadMizer 3 года назад

🍪 😂

@DC-bn8px 3 года назад

Is it legal to drive with the back window covered???

@LoadMizer 3 года назад

Yes.

@JRMN69 3 года назад

How often are you replacing your truck, miles?

@LoadMizer 3 года назад

Should be 60k. Last one was swapped at 78k

@ontheroadwithpastoranthony3161 2 года назад

Trying to convince my wife that hot shot would be better than single pull RV transport. I have no idea what to say lol. She just hears more money being spent on equipment.

@briank7783 3 года назад

Just out of curiosity if you rent a truck from enterprise and you are hauling with a CDL do they have the apportion plates on the truck? Or do you still have to order the plate?

@LoadMizer 3 года назад

Yes I order through enterprise. I have my own plate apportioned through my state.

@briank7783 3 года назад

@@LoadMizer thanks. I’ve been thinking about getting into hot shot. Currently work for FedEx freight. Been driving tractor trailer for 16-17 years. Started in the flatbed game. Thanks for all the informative videos you put up.

@azhauling4109 3 года назад

😂 I used to have people applying for a Dish washing position, and said they want it bc they enjoy be clean and washing dishes at home! 😂 👌🏻 👎🏻

@LoadMizer 3 года назад

😂

@azhauling4109 3 года назад

@@LoadMizer FOR REAL! Or they were applying for a cook position bc they enjoyed cooking at home 🤦🏼‍♂️

@LoadMizer 3 года назад

I should apply to be a weatherman because I enjoy not being held accountable for being wrong 😂

@azhauling4109 3 года назад

@@LoadMizer yup I love great weather and crazy weather! And it’s great to be wrong and still keep your job 😂

@grovesiderabbit 3 года назад

Do you plan on hiring drivers or leasing on o/o's?

@LoadMizer 3 года назад

Not as of now. Still building a customer base.

@intelisecurity 3 года назад

Good advice, thanks. Could you recommend a insurance company for a new DOT that no charge over 50k?

@nuttyjobstillsucks 3 года назад

Progressive

@LoadMizer 3 года назад

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-jrUMAqK7aPs.html

@nickglennlewis5676 3 года назад

Scott sent me

@LoadMizer 3 года назад

Awesome man, had a blast filming with both Scotts!

@Carpentry344 2 года назад

You are so right man. But is hard to find one. I'm in Cali and I have no idea why I can find one. I want to get into this. There is any chance we can talk. I have so much questions about permits and were to get them. I hope see you on the road one day. Thank you for everything

@wilgenbravo8948 3 года назад

hi buddy , how are you liking the car hauling vs freight

@LoadMizer 3 года назад

Definitely enjoy cars more.

@wilgenbravo8948 3 года назад

@@LoadMizer im in florida i have a f350 older but runs good and has no bed, im thinking of giving a try to the bussines of car hauling , are the requirements for car hauling the same as feeight hot shots?i mean DOT#, mc , ELD , and what is the requirements for insurance?1mill? i have never done any hauling at all but want to try,how does loadboard look like in florida? thanks and i apreciate any info and advise you can give me! also is it ok to do car hauling on a flatbed or car hauler trailer , i mean i think flatbed might be like a dual porpuse freight/cars

@LoadMizer 3 года назад

Pretty much the same. The only real difference is insurance. You’re required to carry at least a million. Having autos on your policy is an increase also but it’s not really that big of one. Mine was an extra $1,300 a year.

@drivenenterprises5529 3 года назад

I have a class A and would like to get into hotshot what is a good setup to start and is a gas truck ok to use or do I need a diesel

@LoadMizer 3 года назад

Get a class A set up. At least a 1 ton diesel and a trailer that can max the gross of the GCWR

@drivenenterprises5529 3 года назад

I have a class a already almost 5 years now

@gennardjohnson2221 3 года назад

@@highball7347 what's considered a massive down payment just wondering if what I've been thinking is reasonable

@nuttyjobstillsucks 3 года назад

@@highball7347 good credit, $0 down on truck and pay cash for a trailer

@louisramirez6708 2 года назад

Do I have to use electronic logs if I'm driving local?

@davejunior299 2 года назад

Thank you for all the advise and the links for the equipment needed. I really appreciate it. I’m researching and studying the industry from every angle and the CDL test for when I retire from LE. Stay safe out there. Thank you for keeping the country moving.

@LoadMizer 2 года назад

Thank you, sir!

@nuttyjobstillsucks 3 года назад

You don't know what you don't know when you first get started, but I agree with you 100% on getting a CDL

@Dvazztrucker 3 года назад

So I’m planning on starting out with a 2000 7.3 F250 My GCWR 20k and my GVWR IS 8800 my trailer is 14k GCWR. My question is will I need a cdl or will a regular license work

@LoadMizer 3 года назад

You won’t need a cdl for that setup. You won’t be able to haul much with it though.

@Dvazztrucker 3 года назад

Will I need to change the GVWR on the trailer

@Dvazztrucker 3 года назад

It’s almost impossible to locate a truck right now.

@mantanakaophimai1765 3 года назад

How many if your 11 years of driving a truck were as an employee?

@LoadMizer 3 года назад

@markjohnson9417 3 года назад

So what your saying is you can’t make it if you don’t have any experience in it . This is all I had to hear before I turned the video of this cat done fell and bumped his head.

@LoadMizer 3 года назад

Good luck. You’ll need it lol

@c.j.rogers2422 3 года назад

How many years have you been at it, sir?