DieselMath

Hotshot Cost Per Mile Calculator

No CDL needed under 26,001 lbs GVWR combined — but verify your actual combined weight, because plenty of viable hotshot setups exceed it. Insurance is usually the single biggest line item for a new authority running open deck, and it deserves an honest number, not a guess. The diesel price below is this week's real U.S. average, not a stale number from last quarter.

Defaults below are starting points for a typical Hotshot (dually + gooseneck) operation — plug in your real numbers.

Monthly truck note. Enter 0 if paid off.

Liability + cargo + physical damage, monthly.

IRP, permits, heavy-use tax — averaged monthly.

ELD, parking, phone, accounting — everything else you pay monthly.

All miles, loaded and empty.

This week's U.S. average from EIA.

Repairs, PM services, averaged per mile.

How this is calculated

fixed per mile = monthly fixed costs ÷ miles per month
variable per mile = (diesel ÷ MPG) + maintenance + tires
total = fixed + variable

Price source: EIA Gasoline and Diesel Fuel Update, published every Tuesday.

FAQ

Do I need a CDL for hotshot?

Under 26,001 lbs GVWR combined (truck + trailer + cargo), no — hotshot hauling is built around that exemption. But plenty of viable hotshot setups run a bigger dually and a longer gooseneck than people assume, and a heavy load can push combined weight over that line without anyone noticing. Check your actual GVWR ratings and your real loaded combined weight before you assume the exemption applies to you.

Why is hotshot insurance so expensive?

Two things stack against a new hotshot authority: no safety history yet, and open-deck cargo, which insurers price higher than an enclosed dry van because it's exposed to weather, road debris, and theft. Rates typically ease as you build a record — but budget for a heavy insurance line in year one, since it's usually the single biggest cost on this calculator.

What MPG do hotshot rigs get?

8-12 MPG is the typical range for a dually pulling a gooseneck, and where you land depends on load weight, wind, and how heavy your foot is. Run your own fuel receipts through the numbers above instead of assuming a figure — a loaded run and an empty deadhead can differ by 2-3 MPG on the same truck.

Related tools

Hotshot rate calculator · Owner-operator cost per mile · Load profit

Data updated: 2026-07-06 · Source: EIA weekly diesel