Is Owning a Hot Shot Trucking Business Profitable? A Guide for New Entrepreneurs

Nate Jones, CPCU, ARM, CLCS, AU
4 days ago
2 min read

Updated: 2 days ago

Hot shot trucking has become a popular entry point into the freight and logistics industry, especially for independent drivers and small fleet owners. With lower startup costs compared to traditional trucking and a growing demand for fast, flexible delivery services, many entrepreneurs are asking: Is owning a hot shot trucking business profitable?

At Wexford Insurance, we specialize in helping hot shot trucking businesses get the right insurance coverage. In this post, we’ll explore the profitability of hot shot trucking, what it takes to get started, and how to protect your business with specialized hot shot trucking insurance.

What Is Hot Shot Trucking?

Hot shot trucking involves hauling time-sensitive loads using pickup trucks and flatbed trailers, often for industries like oil and gas, construction, and manufacturing. Unlike traditional freight, hot shot loads are typically smaller and require faster delivery.

Is Hot Shot Trucking Profitable?

Yes hot shot trucking can be profitable, especially for owner-operators who manage their own schedules and expenses. Profitability depends on several factors:

✅ Low Startup Costs

You don’t need a semi-truck to get started. A reliable pickup truck and trailer can cost between $30,000–$70,000, significantly less than a Class 8 rig.

✅ High Demand

Industries often need urgent deliveries that traditional carriers can’t accommodate. Hot shot drivers fill this gap.

✅ Flexible Operations

You can choose your loads, routes, and schedule, allowing for better work-life balance and strategic planning.

✅ Potential Earnings

Experienced hot shot truckers can earn $60,000–$120,000+ annually, depending on load volume, mileage, and efficiency.

🔗 Hot Shot Trucking Salary Breakdown

How to Start a Hot Shot Trucking Business

1. Choose Your Equipment

Start with a Class 3–5 pickup truck and a gooseneck or flatbed trailer. Make sure your setup meets DOT requirements.

2. Get Your Operating Authority

Apply for a USDOT number and MC number through the FMCSA.

3. Secure Hot Shot Trucking Insurance

This is where Wexford Insurance comes in. We specialize in hot shot trucking insurance tailored to your business. Coverage includes:

4. Plan Your Routes and Loads

Use load boards like DAT or Truckstop to find freight. Build relationships with brokers and direct shippers.

5. Track Expenses and Profits

Use accounting software to manage fuel costs, maintenance, insurance, and taxes.

Start Your Hot Shot Trucking Business with Confidence

Hot shot trucking offers flexibility, independence, and strong earning potential. But success depends on smart planning and proper protection. At Wexford Insurance, we’re here to help you launch and grow your business with confidence.