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 Hot shot Leasing

5ehauling
Joined: 10/7/2007
Location: bald knob, AR
Posts: 7

Hot shot Leasing
Posted: Sun Oct 7, 2007 8:50:23 AM

Does Some one wanting to do hot shot need a cdl or is there alot you can haul with out one? and if there is please let me know of some.

talleyexpress@yahoo.com
Joined: 4/10/2007
Location: Trenton, GA
Posts: 24

  

RE:Hot shot Leasing
Posted: Sun Oct 7, 2007 9:07:32 AM

  

No CDL is required if u stay under  26000#'s    and u also have to watch your gvwr   because dot is starting to crack down on that.  

5ehauling
Joined: 10/7/2007
Location: bald knob, AR
Posts: 7

    

RE:Hot shot Leasing
Posted: Sun Oct 7, 2007 12:35:31 PM

    

ok so what kinda of trailer would i need to use so that way i wont go over the limits?

freightbroker@verizon.net
Joined: 1/23/2006
Location: Phelan, CA
Posts: 235

      

RE:Hot shot Leasing
Posted: Sun Oct 7, 2007 5:14:44 PM

      

5ehauling, if you want to stay under cdl you'll need a trailer rated under 10,001 gvw. We had a guy set up like that here. He had a 34'  bumber pull 2 car we modified buy filling in the center of the floor with wood. it was a three axle for better stability. I think he had 3 3500 lbs axles, all with brakes? When he had the trailer built he had the builder put a lower gross than what usually comes on this style trailer. He was able to haul lite freight, Cars, trucks, motorcycles, and an accasional boat on a trailer. He also used the back of his truck bed for a spot to put a pallet or motorcycle. if I was going to set a truck up like this I think I'd use the truck bed space for some sort of low profile lite weight camper? Save on motel expences?

5ehauling
Joined: 10/7/2007
Location: bald knob, AR
Posts: 7

        

RE:Hot shot Leasing
Posted: Sun Oct 7, 2007 5:25:17 PM

        

thanks for the advice..... but i have a flat bed truck with a gooseneck hitch... is there a gooseneck trailer that has less than 10,001 and if so where can i get one because i have looked every where around my area and no one sells them that light, atleast that i have look at.

freightbroker@verizon.net
Joined: 1/23/2006
Location: Phelan, CA
Posts: 235

          

RE:Hot shot Leasing
Posted: Sun Oct 7, 2007 5:44:28 PM

          

Don't know of any. The reason this Owner Operator set up with the bumper pull was to stay as lite as possible. The gooseneck part of a trailer is a lot of weight. The guy I'm talking about was real pleased with what he was making. He pulled this set up with a 1 ton dually and said he was getting awsome fuel mileage. I loaded him for a year before he had to hang it up due to medical problems. I ran him within 1000 mile radius from home (out west here). I've often thought about setting a rig up like his.

freightbroker@verizon.net
Joined: 1/23/2006
Location: Phelan, CA
Posts: 235

            

RE:Hot shot Leasing
Posted: Sun Oct 7, 2007 5:49:01 PM

            

If your dead set on a goose neck i would think just about any of the builders in north east TX would be willing to set the GVW lower for you. There's a builder in MO that sells a lot of these lite car trailers that would set the GVW lower. You'll have to comb through the trailers on ebay to find him. His name is Greg. Good Luck.

5ehauling
Joined: 10/7/2007
Location: bald knob, AR
Posts: 7

              

RE:Hot shot Leasing
Posted: Sun Oct 7, 2007 6:12:42 PM

              

thanks again for the information it has been alot of help. but when it comes down to it i myte as well get my cdl right i probably would make more money huh?

freightbroker@verizon.net
Joined: 1/23/2006
Location: Phelan, CA
Posts: 235

                

RE:Hot shot Leasing
Posted: Sun Oct 7, 2007 9:47:05 PM

                

You would be better off to get the CDL. Are you gearing up to start running now or after winter? Arkansas can be tuff to build a decent LTL load out of even in the busy season.  Most guys wait to start out in this business until around Feb when freight starts to pick back up. This way they can set some money aside during the busy season for next winter. I'm not saying you can't start now it's just that you'll be getting started when freight starts slowing down. It could be ruff on you. Either way a CDL will give you a better chance at making more money.

5ehauling
Joined: 10/7/2007
Location: bald knob, AR
Posts: 7

                  

RE:Hot shot Leasing
Posted: Sun Oct 7, 2007 11:10:36 PM

                  

Ok i have some questions about the insurance for hauling........i have a flatbed truck and our insurance company said we had to have commercial insurance on it because it is a flatbed........but since that is am i going to have to get a cdl to drive my truck around town nevermind pulling a trailer and is it somithing DOT would look at .....i have a F250 four door 4x4 7.3  v8 turbo diesel with a dimond plat flat bed

freightbroker@verizon.net
Joined: 1/23/2006
Location: Phelan, CA
Posts: 235

                    

RE:Hot shot Leasing
Posted: Mon Oct 8, 2007 7:47:35 AM

                    

I didn't realize we were talking about a 3/4 ton truck here. With a 3/4 ton you might as well stay under the 26,001 lbs and leave the cdl alone. And if your going to be pulling a trailer you'll need to get it as lite as possible. No matter what you drive, hauling for hire you'll need authority and commercial insurance.

shorty11168
Joined: 10/8/2007
Location: manila, AR
Posts: 2

                      

RE:Hot shot Leasing
Posted: Mon Oct 8, 2007 3:08:57 PM

                      

Im an owner operator now pulling containers in the memphis area but im looking to make a change and try my hand at

the hot shot side of things. I was wanting to know about some hot shot companies that lease independents on.

5ehauling
Joined: 10/7/2007
Location: bald knob, AR
Posts: 7

                      

RE:Hot shot Leasing
Posted: Mon Oct 8, 2007 3:34:46 PM

                      

ok i just talked to man today that told me that you need a CDL to have three axels on your trailer.... is this true?

freightbroker@verizon.net
Joined: 1/23/2006
Location: Phelan, CA
Posts: 235

                        

RE:Hot shot Leasing
Posted: Mon Oct 8, 2007 3:49:26 PM

                        

5ehauling, No that is not true.

 

Shorty, I can't recommend anyone to lease with. They all just take to much money from you.

5ehauling
Joined: 10/7/2007
Location: bald knob, AR
Posts: 7

                          

RE:Hot shot Leasing
Posted: Mon Oct 8, 2007 3:55:51 PM

                          

OK well thanks again for all your help!  and if we have anymore questions i will know who to ask!

frogy
Joined: 8/14/2007
Location: Pahrump, NV
Posts: 28

                            

RE:Hot shot Leasing
Posted: Tue Oct 9, 2007 12:52:40 PM

                            

If you are looking to lease I believe we have the best rate out there for a lease. But, remember, you are always better to get your own. Check out our web site at www.frogyfreightfinders.com and if you have any questions give us a call.

 

Roy

freightbroker@verizon.net
Joined: 1/23/2006
Location: Phelan, CA
Posts: 235

                          

RE:Hot shot Leasing
Posted: Tue Oct 9, 2007 4:51:43 PM

                          

And remember before you lease to anyone check with plenty of Owner Operators running for them or that have ran for them (check around the other hotshot forums and ask about the company your thinking of leasing on to). Most importantly check to see how much experiance they have in the hotshot business. Look them up at  http://li-public.fmcsa.dot.gov/LIVIEW/pkg_html.prc_lisearch, that'll give you an accurrate start date on them. The reason I say this is because there seems to be a rash of people claiming to know what there doing that have less than 6 months experiance in the business. Make sure you read there lease agreement completely and get all there fee's in writing. And remember if you lease to a company you have the right to look at the original bills they send to there customer that you hauled for. Don't be affraid to ask to see them, You have a legal right and if they say no you can take them to court or take it as a sign and cancel your lease.

And before you lease to a company take a good look at which state they get your license plates from. Some states have different tax laws that can cost you big time at the end of the year just because your truck is registered there. If a Company doesn't want to license you out of the State there MC number is registered to you may want to steer clear.  Usually leases are designed to get as much money out of the Owner Operator as they can get. if you sence some hesitation when you ask a company questions or they try to change the subject there's usually a good reason for it. Take it as a sign and walk away.

Before you lease do yourself a favor and read an article I wrote Called "Beware of the wolves" I have it posted on my hotshot forum http://ltlhotshot.myfreeforum.org/about159.html Just make sure you don't put yourself in a situation you can't afford to get out of.

Here's a few hotshot forums.

This first one I own http://ltlhotshot.myfreeforum.org/index.php and here's a few other good ones.

www.hothothauling.com and www.hotshotconnect.myfreeforum.org

Good Luck. Gary @ M&H Logistics

frogy
Joined: 8/14/2007
Location: Pahrump, NV
Posts: 28

                            

RE:Hot shot Leasing
Posted: Tue Oct 9, 2007 11:12:19 PM

                            

Thereís a lot of truth to what Gary is saying. There are a lot of Companies out there that just wants to take your money. Make sure you ALWAYS get the rate sheet for your loads.

The state does not really matter because you must get plates in your home state or base state.

And time does not really matter because there are companies out there who have been doing it for years and loads trucks in a very different way. Look at the over all. There are Companies out there with new ideas and new ways of doing thing's then the same old ways. Time changes and so does business. The best thing to do is to talk to the O/Oís who run with the Company and see what they have to say. Donít talk to just one talk to several of the O/Oís.

 

Roy

taf
Joined: 8/1/2007
Location: graniteville, SC
Posts: 20

                              

RE:Hot shot Leasing
Posted: Wed Oct 10, 2007 12:19:14 AM

                              

You are right ,Unfortunately my husband and I were Deceived by Peanut express and now we have almost nothing. They made promises and cannot follow through. People like that should not be allowed to own or operate a business. I would appreciate anyone to come forward who has experience with this company to contact me at  troboughl@bellsouth.net .I am not giving up.    thank you lisa

wsthompsontrucking@yahoo.com
Joined: 1/21/2006
Location: Ladonia, TX
Posts: 2

                                

RE:Hot shot Leasing
Posted: Mon Mar 17, 2008 3:52:33 PM

                                

Redeye Express out of Texas will do the same as well as not pay you at all .



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