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Yellow | Teamster Truckers Were "Living Large" 40 Years Ago!

Freightmaster1

Freightmaster1

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Check out this article from the August 1974 edition of the "Ohio Teamster"! Remember these wages? Adjusted for inflation (compliments of DollarTimes.com - Financial Calculators and Save Money Guide) here's a sampling...

City Driver 1974 $6.80 per hour, 2014 $34.30 per hour
Dock Worker 1974 $6.75 per hour, 2014 $34.05 per hour

Road Driver-Single Trailer 1974 $.17225 per mile, 2014 $.8689 per mile
Road Driver-Doubles Trailer 1974 $.1825 per mile, 2014 $.9206 per mile

7-1-74 wage increase 1974 .$.30 per hour, 2014 $1.51 per hour.
7-1-74 cost of living increase 1974 $.11 per hour, 2014 $.55 per hour.

7-1-74 Pension Contribution 1974 $19.50 per week, 2014 $98.36 per week (Remember max pension was around $750/mo in 1974 dollars or $3783/mo in 2014 dollars)
7-1-74 H&W Contribution 1974 $19.00 per week, 2014 $95.84 per week.

Freight Teamsters are WAY behind what they were making 40 years ago! Inflation and concessions have eaten away any gains they fought to get years ago!

Read it and weep!





:chairshot:
 
Last edited by a moderator:
Freightmaster1 said:
Check out this article from the August 1974 edition of the "Ohio Teamster"! Remember these wages? Adjusted for inflation (compliments of DollarTimes.com - Financial Calculators and Save Money Guide) here's a sampling...

City Driver 1974 $6.80 per hour, 2014 $34.30 per hour
Dock Worker 1974 $6.75 per hour, 2014 $34.05 per hour

Road Driver-Single Trailer 1974 $.17225 per mile, 2014 $.8689 per mile
Road Driver-Doubles Trailer 1974 $.1825 per mile, 2014 $.9206 per mile

7-1-74 wage increase 1974 .$.30 per hour, 2014 $1.51 per hour.
7-1-74 cost of living increase 1974 $.11 per hour, 2014 $.55 per hour.

7-1-74 Pension Contribution 1974 $19.50 per week, 2014 $98.36 per week (Remember max pension was around $750/mo in 1974 dollars or $3783/mo in 2014 dollars)
7-1-74 H&W Contribution 1974 $19.00 per week, 2014 $95.84 per week.

Freight Teamsters are WAY behind what they were making 40 years ago! Inflation and concessions have eaten away any gains they fought to get years ago!

Read it and weep!





:chairshot:
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A great reason to reinvent yourself. There is a labor union here at the local refinery that does pay over $30hr and does contribute to your pension. You just have to go through a 2 year training program. There is also a wind energy program that pays similarly and requires 1 to 2 years of training. I'm not sure if the jobs are union though.
 
city Driver $34.30 a hour ??? where do they work at ??? even yrc at full pay is not that much ?? and then you take the -15% away ??
 
That's okay, I read many times on these trucking websites things like , "we don't need no stinkin unions" " I ain't paying no union dues" "I can negotiate with the boss myself" " My company treats me like family" " I'm joining the team" Terms likes associates and independent contractors, no overtime as the race to the bottom continues
 
The race to the bottom was brought on by De-regulation, some may say the wages were artificially high back in the day because of a government backed price fixing scheme, others may say the higher rates allowed the companies to pay better and add more money to the economy. The basic fact is with the discounts and the rates used today those pay numbers are not possible union or non union, the union among others saw this coming long ago and diversified into other industries to survive.
 
Wrench97 said:
The race to the bottom was brought on by De-regulation, some may say the wages were artificially high back in the day because of a government backed price fixing scheme, others may say the higher rates allowed the companies to pay better and add more money to the economy. The basic fact is with the discounts and the rates used today those pay numbers are not possible union or non union, the union among others saw this coming long ago and diversified into other industries to survive.
Click to expand...

Of course the pay hasn't kept up with inflation and of course the heavily discounted freight rates are the main cause of lower trucking wages. But who created those discounts and rates used today? Sure deregulation opened the door for the non union companies to expand. And who do you think actually started all that bare boned back door rate cutting? I doubt that it was the unionized carriers who were locked into the NMFA
 
Crystal said:
Of course the pay hasn't kept up with inflation and of course the heavily discounted freight rates are the main cause of lower trucking wages. But who created those discounts and rates used today? Sure deregulation opened the door for the non union companies to expand. And who do you think actually started all that bare boned back door rate cutting? I doubt that it was the unionized carriers who were locked into the NMFA
Click to expand...

Free Market Economy. Problems arise when public safety becomes an issue. Same in all transportation industries.
 
albag said:
Evidently, someone didn't read all of the first post. ADJUSTED for inflation!
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Ok , YES I did miss the part of ADJUSTED for inflation , BUT does that mean we should be getting paid $34.30 a hour then ??? I think so , maybe then we could get drivers to apply ???
 
wongway said:
Ok , YES I did miss the part of ADJUSTED for inflation , BUT does that mean we should be getting paid $34.30 a hour then ??? I think so , maybe then we could get drivers to apply ???
Click to expand...

Full scale UPS is very close to that figure!
 
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