HotShot Trailer Lease
The Igniter Group, in partnership with HotShot 107, created a solution in the niche HotShot Trucking sector of the transportation industry. Hot Shot Trucking involves hauling smaller, more time-sensitive LTL loads within a specific timeframe, and usually to a single customer or location. Hot shot loads are usually delivered using medium-duty trucks that pull flatbed trailers. Hot shot truck requirements vary. Some hot shots need to be delivered a short distance, but others may need to go over state lines or even across the country. There was a need identified to providing flatbed trailers in the HotShot transportation sector to individuals and small transport companies, so The Igniter Group created a leased trailer as a solution to meet this growing need. The Igniter Group partnered with Hot Shot 107 to be the leasing arm for these trailers to many transporters in this segment. This new venture was created in April 2020 and is growing rapidly! Even in a pandemic, The Igniter Group is on FIRE!!
- Investment: The Igniter Group
- Industry: Finance, Transportation
- Type: Start up
- Timeline: 2020
- Status: Operating
- Description: Fifth Wheel, Flatbed Trailer Leasing.