60+ CPM THE NEW STANDARD?

58 cpm up here in Wisconsin already is the norm in the fox valley , hourly 20 to 28 , Davis bacon highway jobs are 38 per hour ot after 40 , yes there's money to be made , you can just about name your price within reason.
The market is red hot , there's nobody left to drive , all the top hands are employed.

 

Exactly. People are scared of local because of the work involved. It's long days, I just finished up my week at 2am and that was 59.8 hours for the week. I wouldn't trade it for the world, cpm pay would make me hang myself in traffic or bad weather. Get that hourly pay.

 

And to add....that's $1951.60 for the week (before taxes). Just out of curiosity how much do you need to get cpm to hit that on a week of average miles? I know that question is kinda broad and I apologise for that but I honestly don't know because I don't run otr.

 

Seems like there are some aware and intelligent goys amongst us. Very well explained gentlemen. Sadly most won't understand

@rabbiporkchop @FoolsErrand

 

The value of your grandparent’s home 54 years after its purchase - which is market specific and speculative, and the rate of inflation as it relates to the cost of living are two different things entirely.

The claim that a teamster making $4/hr. in 1968 would need to make $160/hr. today applies only to the inflation of your grandparent’s home value for example, if it were purchased today. Not the cost of living, which should be paired only with the cost of general items - food, utilities, transportation, recreation, basic housing, etc.

It’s also safe to say that the average home purchased for $32,000 in 1965 has not appreciated to the extent of your grandparent’s home, not by a long shot. I would maintain, that a guy making $4/hr. in 1968 would need to earn around $30/hr. today to maintain his lifestyle. Excluding of course all the trendy, miscellaneous crap of today that we don’t need, and which didn’t even exist in the 60’s.

And fifty years down the road, the house of that person making $30/hr. today might be valued at $16,000,000. How the heck did he ever afford it?

 

That's about what they do make, and I always hear them complain about how much better off they were back then.
A few of the guys I worked with said a years salary back then before taxes was enough to buy a new house and a new Cadillac. Even with wages at $30.00 per hour today, that would be impossible today.

 

Many things were better off in the old days, even if the dollar didn’t go further. I think those guys might be exaggerating their 60’s buying power, or they were making far more than your average working man.

A new Cadillac in 1968 had a base MSRP of around $5,800. The median home price at that time according to US census was between $23-$27k. Doing the math on that translates to a gross income of well over $200k today. I know the middle class was doing well in those days, but not that well.

Now it’s quite possible their gross annual income could have afforded a new Cadillac and a 20% *down payment* on a house. In which case, a gross income of $100k would be required most places in the US to accomplish the same thing today, with the median home price in 2019 floating anywhere between $227-280k. And cheap leases on luxury autos abound, so theoretically $70k would cover it.

 

I’m almost certain my parents gave about $19,000. For their home in 1978. Of course it’s in a small town in Arkansas and since they got a loan they paid more like $30k. Home prices vary vastly. Edmond had a 2 bed 1 1/2 bath in a great area listed for about $24k a few years back. Huge house with several updates, not a fixer upper. Catch? It was a stones throw from the double train track, but there are homes between it and them.....

 

I think that's for a flatbed gig hauling steel with super short runs. Like < 20 mile runs. So you're securing and possibly tarping more than you're driving.

 

That’s a lot of hard work.