As a hotshot driver, you may have heard of a salary of $74,000.00 as the average salary for this career. Is that what the average salary is? Unfortunately, the answer is no. Although this can be an accurate figure when looking at state or national averages, it doesn’t apply to industry averages. The average salary for a hotshot driver will vary greatly depending on location and other factors.
According to the Bureau of Labor Statistics, the average salary for a hotshot driver is $36,000. This is an annual salary, meaning that it would work out to around $18 per hour. Hotshot drivers typically work on a seasonal basis and are hired by companies that specialize in transporting petroleum products across large distances throughout the country.
What is the average salary for a hotshot driver
Introduction
If you’ve ever driven on the highway, chances are you’ve seen a hot shot truck. These rigs are typically smaller than 18-wheelers, but they can still pack plenty of power and pull. They tend to be used for hauling heavy loads that need to move quickly – often for oil and gas companies. Hot shot trucking is a great way for truckers to make a good income without driving around in a massive rig all day long. But how much can hotshot drivers make? The answer might surprise you.
Between 2016 and 2026, the Bureau of Labor Statistics (BLS) projects that the truck driving field will add 439,800 new jobs.
If you’re looking to get into the trucking business, hotshot driving could be a perfect fit. As a driver, you’ll enjoy the freedom of being on the open road and working in different places around the country. You’ll also have time to learn more about your surroundings as you travel across state lines.
As a hotshot driver, you’ll have an average salary of $60,000 per year. If you’re able to advance your skillset and become one of the top drivers in your company’s rankings, this figure can increase significantly over time! Hotshot drivers are often paid by mileage instead of hourly wages; this means that they earn more money when they drive long distances at high speeds (e.g., from New York City all the way up through Maine).
Hot shot trucking is a small part of that bigger picture, but it’s poised for solid growth as well.
Hot shot trucking is a small part of that bigger picture, but it’s poised for solid growth as well. According to the American Trucking Associations (ATA), over 3 million new tractor trailer units will be purchased in the United States between now and 2022. That’s an increase of almost 50%, which means that more than 1 million drivers are needed to fill those positions.
That’s where hotshot drivers come in. They’re specialized fleet drivers who haul loads over long distances, typically hauling between 250 and 500 miles at a time. Hot shots can earn even more money per mile than regular long haul truckers because they’re paid a percentage of what their load sells for—the more valuable the cargo that you carry, the greater your paycheck will be!
As the BLS notes, the overall number of new truck driver jobs should increase by 5% between now and 2026; hot shot drivers could be in line for even more significant gains.
As the BLS notes, the overall number of new truck driver jobs should increase by 5% between now and 2026; hot shot drivers could be in line for even more significant gains.
While a hot shot driver can make as much as $80,000 annually with good benefits and perks, it’s important to note that this figure is an average. The actual salaries you may earn will depend on several factors including your employer, location and experience level. As such, if you’re interested in becoming a hotshot truck driver or just want to know what your current salary is at present time then use our salary calculator below!
The field might grow by as much as 15% – especially as regulations force companies to look for other ways to deliver goods quickly.
The field might grow by as much as 15% – especially as regulations force companies to look for other ways to deliver goods quickly.
The Bureau of Labor Statistics (BLS) estimates that the field will grow by 5% between now and 2026, which is more than the average growth rate at 4%. But the BLS also predicts that hotshot drivers will continue to be in demand throughout their careers, meaning that it’s possible for you to make more money over time.
That’s why you may be curious about how much money you can make driving a hotshot truck.
You may be wondering how much money you can make as a hotshot driver.
Here’s what you need to know.
The average salary for a hotshot truck driver has been on the rise in recent years, according to Indeed Payscale data. In fact, the average annual wage for this type of job increased from $62,000 to $78,000 between 2010 and 2019.
Hotshot drivers are making good money!
The average salary for a hotshot driver, according to the Bureau of Labor Statistics (BLS) and Glassdoor, is around $60,000. However, this number can increase drastically depending on your experience and location.
The top 10% of earners are making an average annual income of $80,000 or more—and some people make as much as $125,000 per year! The top 25% of earners earned between $75,000 and $110K/year in 2018.
Conclusion
As we saw earlier, the average hotshot driver earns around $80,000 per year. While that figure can vary quite a bit depending on where you live and how much you’re willing to drive, it provides some idea of what to expect when working as one of these truckers. The takeaway is that there’s plenty of money in this profession – especially for those who are willing to work hard and put in long hours.
