Highest paying LTL trucking company

I doubt that. Interest rates are horrible for anyone to be financing a home right now. Any homes being sold around California are to cash buyers.
I was a bedbug hauler the last year for a small company in Santa Barbara. The moving biz is still decent for the high end clientele that they had exactly because they’re all cash buyers and sellers, but for average Joe moving companies it’s dead.

 

Welp, you're correct. Lenders were offering 50-year loans in the mid-2000s, but there are none doing it currently.

 

I'm out of Indy myself. How long have you been with OD?

 

That's just ABSOLUTELY absurd but the government will find a way shaft us every time. Cali is just expensive for no legit reason. Estes offered 25k to move to San Jose a few years ago and I was thinking... "Where you gonna live with that?"

You already know it was one of those setups where they pay the money in installments also lol.

 

More people want to buy homes than homes are available for sale. Pretty simple economics.
The real issue are the NIMBY’s. Ironically, most are the same liberals who cry about affordable housing…just not in THEIR neighborhood.

 

That was certainly what brought about the subprime mortgage crisis in 08. “Oh, you can afford this ridiculous house, we’ll just leave your income blank”. It was predatory, but a lot of those “victims” financed homes they knew they couldn’t qualify for in normal circumstances.

Now it’s more “okay boomer” nonsense. I did a project for a macro Econ course awhile back where we got into the nitty-gritty on home ownership. It wasn’t a thing until the second half of the 20th century, and it’s directly correlated with unemployment (and you see it a lot in the rust belt). It makes people less mobile and willing to relocate for jobs, obviously.

 

Dude I'm 32 and they be calling me boomer when I address how fake these lifestyle they wanna live are. They been on Instagram too long. That stuff is not real.

 

And guess who’s actually buying those expensive California properties?

 

That's pretty much what happened here at the RTO terminal. They hired a bunch of new blood and dock workers and trained them in-house to get CDLs and become "combo" drivers. Essentially on-call to work city, linehaul or dock. I transferred to RTO in October 2021 as a wild board linehaul guy, so thankfully no dockwork for me. But my co-driver was one of the new hire combos, along with another new hire we befriended.

When freight fell off the cliff the following January, most combos were stuck to the dock. Must have been really demoralizing for the dock guys looking to move up only to be sent back to where they came. For us three musketeers, we would travel to San Jose nearly every week to do city work. 5 days a week vs 2-3 in RTO, plus free hotel and per diem. But that dried up after a few months, so my co-driver and I decided to go team last October while team bids were still vacant. Our third musketeer left OD a couple weeks ago to haul gasoline. I used to do that in San Diego a few years back. Work is consistent, pays around the same as a good LTL run, but it's physical, dangerous and very procedural. One mistake or missed step and you've got several gallons of fuel spilled somewhere, an octane cross-mix, or a fire in the absolute worst case scenario.

I hear my terminal recently let go of 20-30 dockworkers and possibly the same amount of drivers. Wild board work has slowly gotten a bit better, but it's still normal for even our bid linehaul guys to get cancelled twice a week.