You should have the correct information and understanding of where to start a hotshot trucking business if you’re thinking about starting one.
We understand that hotshot trucking is profitable. If you value your money, knowing where to go for the best salary, insurance, and location is critical. When it comes to hotshot trucking, where you live might have a significant impact on your pay. The compensation disparity across states can be as much as $50,000 per year.
If you’ve ever wondered which cities are best for launching a hotshot trucking business, we’ve compiled a list for you.
According to our research, Danville is the best small city for truck drivers. The city is in the middle of a tri-city triangle that includes Chicago, St. Louis, and Indianapolis, which are all important metropolises in Illinois, Missouri, and Indiana, respectively.
Danville grew as a significant industrial city in the 19th century due to major coal mining and manufacturing. Retail commerce, transportation, and warehousing now account for roughly 33% of the city’s jobs. Danville, Illinois, sits at the crossroads of Illinois Route 1, U.S. Route 136, and U.S. Route 50, putting it in the middle of some of the busiest transportation routes in the country. Danville is also the hub of at least four railways: the Norfolk Southern Railway, the Beaverville and Southern Railroad, CSX Transportation, and Kankakee.
Truck drivers in Danville earn an average yearly pay of $54,770, which is 20% higher than the national average, while the cost of living is 27.2 percent lower than the national average. Although the Danville metro population is only 76,806, the city’s attractiveness to truckers is due to the high frequency of shipments in the area, with Danville hosting 103 percent more trucking jobs than the average city.
Morristown is located east of Nashville, along Interstate 40, Interstate 81, and Interstate 75. These three interstates each see about 8,500 trucks every day, making them one of the busiest freight routes in the country.
In addition, the city has easy access to four major cities within a four-hour drive: Louisville, KY; Nashville, TN; Charlotte, NC; and Atlanta, GA. Furthermore, building and manufacturing account for around 35% of Morristown’s economy, resulting in increased material import and export for the industry.
Compared to the average U.S. city, Morristown has 162 percent more truck driver jobs, and Morristown truck drivers make an average of $50,180 per year, which is 10% more than the national average. Also worth noting is the city’s meager cost of living, which is 16 percent lower than the national average.
Joplin, Missouri, is located along historic Route 66 and was ranked first in our analysis of the best cities for truck drivers. Joplin is the geographic center of what is known as the Four State Area, which includes Oklahoma, Kansas, Arkansas, and Missouri, and the combined population of nearby counties is around 210,000 people, making Joplin Missouri’s fifth-largest metropolitan area. Because of its proximity to the nation’s geographic and population centers, Joplin is home to several trucking companies, including Contract Freighters, Inc (CFI). As a result, trucking opportunities are plentiful in Joplin.
This city has 125% more truck driver jobs than the average of the top 50 cities in our survey, and 336 percent more truck driver jobs than the average city, thanks to its location near major truck routes and even the railway. In Joplin, truck drivers earn $42,060 per year and have a cost of living that is 21% lower than the national average.
Odessa began as a cattle-shipping and halting location on the Texas and Pacific Railway. It is only four hours west of the Dallas-Fort Worth metropolitan area. The city’s economy has traditionally been based on oil extraction, but it is diversifying and becoming a growing logistics hub.
Odessa has recently become a major distribution facility for Family Dollar, which opened in 2003, and Coca-Cola, which opened in 2007. The city is located along Entrada al Pacifico, or Trade Corridor 56, which connects the Pacific Ocean port of Topolobampo in the Mexican state of Sinaloa with Texas.
Apart from the information mentioned above, this city has one of the lowest unemployment rates in the country, at 2.7 percent, a full 1% lower than the national average, and 270 percent more truck driver jobs than the typical city. Truck drivers earn an average of $48,010 per year, which is 5% higher than the national average, but their cost of living is 13% cheaper.
Fayetteville, Arkansas’ third largest city, is located just east of Oklahoma City along Interstate 49/U.S. Route 71. It is about 30 minutes from Bentonville, the headquarters of Walmart, making it a perfect location for truckers. The University of Arkansas is also located in the city, and it is the state’s third-best institution. Interstates 40 and 30 are just south of Fayetteville and are among the busiest transportation routes in the country, with more than 8,500 trucks passing through each day. Both highways run through Memphis, Tennessee, Nashville, Tennessee, then south to Dallas, Texas.
Compared to the national average, Fayetteville has about three times the number of truck driver positions or job vacancies. The average annual wage for a truck driver in Fayetteville is $48,790, which is 7% higher than the national average, while the cost of living is 13% lower than the national average.
Hopefully, after reading this article, you’ll get the proper head start in hotshot trucking.