Yellow is Americas fifth-largest trucking company, also operating Yellow Logistics, a third-party logistics brokerage that offers a wide portfolio of transportation services and is working to bring trucks and technology together. On average, Yellow executives and independent directors trade stock every 43 days with the average trade being worth of $9,444,190. about YRC Freight Honored as Walmarts National LTL Carrier of the Year. Their health, safety and well-being is vitally important, so as the COVID-19 health crisis continues to evolve, we stay apprised of U.S. Centers for Disease Control and Prevention (CDC), World Health Organization (WHO), Health Canada and state leaders updates. In April, President Trump tapped YRC's chief executive, Darren Hawkins, to serve on a coronavirus economic task force and in January, he nominated the company's former chief executive,. about YRC Worldwide Recognized by Women in Trucking as a 2019 Top Company for Women to Work for in Transportation. With over 24 years of industry experience and service performance, Bergman brings expertise in both sales and marketing strategies. We rely on our journalists to be independent observers. For months, the money went untouched, in part because the loans come with strict terms and requirements and corporations must be willing to hand over equity stakes in their companies to the federal government. In 2018, the Trump White House had recommended a 10-year, $1.5 trillion private sector-centric infrastructure plan meant to revamp the countrys infrastructure. No decision has been made about moving the inquiry in that direction. Apollo, which is YRCs biggest creditor, said it was not involved in YRCs decision to seek the Treasury Department loan and noted that it is one of several lenders invested in the company. Olivier has a bachelors degree in Accounting from Trinity Christian College and began his career in public accounting. As a subscriber, you have 10 gift articles to give each month. Americas Road Team Captain Honored for Mentoring, Advocacy, Service Safety leaders such as Steve help make our nations highways safer for everyone, states Darren D. Hawkins, OVERLAND PARK, Kan.,Oct. 03, 2019(GLOBE NEWSWIRE) YRC Worldwide Inc.(NASDAQ: YRCW) is honored to have been recognized as one ofWomen in Trucking(WIT)s 2019 Top Companies for Women OVERLAND PARK, Kan.,Sept. 23, 2019(GLOBE NEWSWIRE) YRC Freight, a leading transportation provider for industrial, commercial and retail goods, specializing in solutions for businesses across North YRC Freight, a leading transporter of industrial, commercial, and retail goods, specializing in less-than-truckload and short-haul shipping solutions, has again been named a Top 100 Trucker OVERLAND PARK, Kan.,Aug. 05, 2019(GLOBE NEWSWIRE) YRC Worldwide Inc.(NASDAQ: YRCW) announced today that twenty-one of its professional drivers will compete at the 2019 National Truck Driving OVERLAND PARK, Kan.,March 13, 2019(GLOBE NEWSWIRE) YRC Freight has been selected to receive the 2018 National LTL Carrier of the Year award fromWalmartfor helpingWalmartattain its OVERLAND PARK, Kan.,Feb. 11, 2019(GLOBE NEWSWIRE) YRC Freight professional city driverRussell (Russ) Jameshas been selected by the American Trucking Associations (ATA) to serve on the OVERLAND PARK, Kan.,Feb. 01, 2019(GLOBE NEWSWIRE) YRC Freight professional city driverByron Bramwellhas logged his 3-millionth consecutive mile without a single preventable accident. Mike Kelley, a YRC spokesman, declined to comment. [Stay on top of transportation news: Get TTNews in your inbox.]. Congress has not raised the 24.4 cents-per-gallon diesel tax and 18.4 cents-per-gallon gas tax since 1993. Yellow is Americas fifth-largest trucking company, also operating Yellow Logistics, a third-party logistics brokerage that offers a wide portfolio of transportation services and is working to bring trucks and technology together. Additionally, ATA has proposed adopting a 20-cents-per-gallon fee on motor fuels collected at the wholesale rack and phased in over four years at 5 cents per year. OVERLAND PARK, Kan., Jan. 7, 2013 /PRNewswire/ -- YRC Freight, a subsidiary of YRC Worldwide Inc. (NASDAQ: YRCW ), today announced that Darren Hawkins, 43, has been named senior vice president of . The inquiry into Mr. Trumps role in paying hush money to the porn actress Stormy Daniels during his 2016 campaign has spanned five years, two Manhattan district attorneys and multiple grand juries. The most active insiders traders include Creek Asset Management, L.P, Fund Limited Partnership Ii, and Bank Of Scotland Group Plc . This includes participating in marches or rallies in support of a movement or giving money to, or raising money for, any political candidate or election cause. The rescue, which was approved on the grounds that YRC was critical to national security, made the company one of the largest recipients of taxpayer money meant to support businesses and workers struggling amid the coronavirus. We have implemented official health and safety guidelines and protocols across our locations and are encouraging everyone to be diligent about handwashing, disinfecting and cleaning work areas and remaining at home with illness or COVID-19 symptoms. Dawson has a Bachelor of Science degree in Business Administration with a Spanish Concentration from The University of Kansas. As Chief Executive Officer, Darren Hawkins leads Yellow Corporation, a $5.1 billion North American trucking company that operates the nations second largest less-than-truckload network. We cant figure out how were going to pay for this, said DeFazio. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. 80 M Street SE, Suite 800, Washington, D.C., 20003, YRC President Darren Hawkins testifies before House panel Sept. 11. Darren Hawkins (born April 15, 1966) is an American professor and the current chair of the department of Political Science at Brigham Young University.Hawkins is an expert on international conventions and international law. When you drove to work today you drove by the gas station it probably went up a nickel or down a nickel on the digital sign. He is currently vice chair of the American Trucking Associations and serves as a Board member of the American Transportation Research Institute. All rights reserved. Analysts attributed its financial malaise to a long period of mismanagement and neglect of its fleet of trucks. He is a results-driven leader, a clear and motivating communicator, and a trusted and empowering manager. searched Mar-a-Lago, has been complicatedby the discovery that President Bidenand former Vice President Mike Pencealso had classified files in their possession. Hawkins has also overseen the companys transformation into a super-regional carrier that will offer enhanced services, LTL network resilience and in-cycle reliability. The special counsel is also investigating Mr. Trumps handling of sensitive government documentsafter he left office. Hawkins has also overseen the companys transformation into a super-regional carrier that will offer enhanced services, LTL network resilience and in-cycle reliability. Overturning the election. Most recently he sold 7,500 units of YRCW stock worth $96,075 on 27 February 2017. Rumfola joined Yellow in January 2023, bringing an extensive background in technology leadership from Cardinal Health Inc., where she most recently served as senior vice president of information technology for the health care companys medical segment. Charli In normal times when you have a recession, companies that arent the best companies go away.. This includes participating in marches or rallies in support of a movement or giving money to, or raising money for, any political candidate or election cause. about YRC Freight Again Selected as NASSTRACs National LTL Carrier of the Year. Darren Hawkins - CEO Jamie Pierson - CFO Conference Call Participants Operator Good afternoon, and welcome to YRC Worldwide's First Quarter 2020 Earnings Call. He has written many articles in this field. We value your business and will continue doing our best to serve in this challenging climate. Yellow has more than 300 terminals coast-to-coast and its team of 30,000 freight professionals transport more than 17 million shipments annually for North Americas smallest and largest businesses. During her tenure, she has advised on and overseen vital aspects of Yellow Corporations legal strategy in areas such as corporate, securities, finance, governance, executive compensation, employee benefits, tax and real estate and has been an integral part of many pivotal company transactions. Darren's mailing address filed with the SEC is 10990 ROE AVENUE, , OVERLAND PARK, KS, 66211. As Chief Executive Officer at Yellow Corp, Darren D. Hawkins made $2,118,469 in total compensation. As of 27 February 2017 he still owns at least 51,357 units of Yellow stock. about Commercial Carrier Journals Top 250 Carriers. Yellow Corp income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. In 2017, Josh Harris, a founder of Apollo, advised the Trump administration on infrastructure policy and discussed a possible White House job with Jared Kushner, Mr. Trumps son-in-law and senior adviser. Hawkins has also overseen the companys transformation into a super-regional carrier that will offer enhanced services, LTL network resilience and in-cycle reliability. Eager to assist, Mr. Mnuchin assured the senator that we will look at that specific company and see what we can do and get back to you.. Yellow Corp CEO Darren Hawkins credits a 'pandemic consumer' shift from services to goods. The decision about whether to charge Mr. Trump will ultimately be made by the Fulton County district attorney, Fani T. Willis, who has been investigating the case for the last two years. As Chief Executive Officer at YELLOW CORP, Darren D. Hawkins made $2,076,468 in total compensation. The CEO of Yellow Corp., the trucking company formerly known as YRC Worldwide, told FOX Business Friday . As President and Chief Operating Officer of Yellow Corporation, Darrel Harris will focus on the Companys enterprise transformation strategy, collaborating across all areas of the business from sales and operations to human resources and network optimization. Hawkins worked at Yellow Freight from 1991 to 2009 and Con-way Freight from 2009 to 2012 before returning to YRC Freight in 2013. In announcing the decision on July 1, Mr. Mnuchin said, This loan will enable a critical vendor to the Department of Defense to maintain significant employment while providing appropriate compensation to taxpayers and estimated that 30,000 trucking jobs would be saved. The Investor Relations website contains information about Yellow Corporation's business for stockholders, potential investors, and financial analysts. You can see the complete history of Mr. Hawkins stock trades at the bottom of the page. Get a rate for your shipment with our simple-to-use quote tool or. Coronavirus Concerns for Carriers Hear how one major carrier is dealing with the challenges posed by the coronavirus. about YRC Worldwide Recognizes Environmental Excellence. At YRCW, our key focus remains on the health and safety of our employees and the critical needs of our customers. Its top 500 enterprises are listed by the quality of their security programs. VIEW FULL PROFILE. WASHINGTON As policymakers evaluate viable long-term approaches to fund the countrys transportation network, a trucking industry executive warned against relying on tolling. He has worked the past 22 years at Yellow Corporation, which has the largest, most comprehensive network in North America with local, regional, national and international capabilities and across its successful brands: Holland, New Penn, Reddaway, YRC Freight and HNRY Logistics. YRC has financial backing from Apollo Global Management, a private equity firm with close ties to Trump administration officials. Hawkins holds a Bachelor of Business Administration in marketing and supply chain management from the University of Memphis. This report is not for commercial use. Bloomberg Surveillance: Early Edition with Anna Edwards, Matt Miller & Kailey Leinz live from London, Berlin and New York, bringing insight on global markets and the top business stories of the day. Based on our data team's research, Darren Hawkins is the YRC Freight's CEO. With our national LTL network and 344 locations, we are ready to meet the ever-evolving needs this medical crisis continues to present. Traffic congestion resulted in an annual cost to the trucking industry of $74.5 billion in 2016, according to a study by the American Transportation Research Institute . In 2020, Dawson was instrumental in helping Yellow Corporation secure its $700 million CARES Act loan. Yellow recently onboarded the largest number of new trucks in its history with advanced safety and emissions reduction technologies, while simultaneously opening 16 new Driving Academies developing a pipeline for the next generation of truck drivers. about Security 500 1st in Logistics Industry. The largest trade he's ever made was selling 18,896 units of Yellow stock on 2 August 2016 worth over $219,005. The YRC loan appears to be an exception. Hawkins was appointed by ATRI Chairman Judy McReynolds, president and CEO of ArcBest Corporation at ATRI's January board meeting. According to ATA, if this Build America Fund were to be enacted it would generate $340 billion in approximately 10 years. Zippia gives an in-depth look into the details of YRC Freight, including salaries, political affiliations, employee data, and more, in order to inform job seekers about YRC Freight. As CFO of Yellow Corporation, Dan Olivier is responsible for corporate finance, treasury, cash management, accounting, tax and risk management/internal audit. So, how much is Darren Hawkins worth at the age of 56 years old? One of the companies is still active while the remaining three are now listed as inactive. With over 30 years of industry experience, Hawkins brings extensive expertise in both operations and sales. That is what the Treasury Department did with YRCs application, saying in a news release that the approval for the loan was based on a certification by the secretary of defense that YRC is critical to maintaining national security.. It has also raised questions about whether YRC benefited from a web of connections between the company and the White House that allowed it to bypass the Trump administrations own rules for which companies should be eligible for federal help. We couldnt do this without them and are proud of their hard work, sacrifices, and dedication to showing up when our customers and our communities need them most. YRC's market cap is. He brings to the role expertise in operational finance and strategy. The oldest executive at Yellow Corporation is William Davidson, 72, who is the Independent Director. President Donald Trump and House Democrats abandoned discussions on infrastructure policy in May, with the president focusing instead on foreign policy and immigration in the lead-up to his re-election bid. Thorough reviews have been conducted to assure this data accurately reflects disclosures. The data presented on this page does not represent the view of YRC Freight and its employees or that of Zippia. Recently, prosecutors under the current district attorney, Alvin L. Bragg, appearto have moved closer than everto indicting the former president. Based on our data team's research, Darren Hawkins is the YRC Freight's CEO. Since the pandemic, Apollo has been lobbying the Trump administration to allow broader access to an emergency Federal Reserve lending program. Hawkins holds a Bachelor of Business Administration in marketing and supply chain management from the University of Memphis. All rights reserved. Harris has more than 25 years of extensive LTL industry experience. The chart on this page features a breakdown of the total annual pay for Darren D. Hawkins, Chief Executive Officer at Yellow Corp as reported in their proxy statements. So while Times staff members may vote, they are not allowed to endorse or campaign for candidates or political causes. Darren D. Hawkins. Also, Dawson is Corporate Secretary to the Yellow Corporation Board of Directors. There are 7 older and 2 younger executives at Yellow. The companys stock price soared 74 percent, though it has come down since. He is currently vice chair of the American Trucking Associations and serves as a Board member of the American Transportation Research Institute. As a freight and logistics provider, we are the lifeblood of North Americas supply chain keeping essential freight and medical supplies moving. That company, YRC Worldwide, had lost more than $100 million in 2019 and was being sued by the Justice Department over claims it defrauded the federal government for a seven-year period. 430 First Street, SE, Suite 100 /PRNewswire-USNewswire/ -- YRC Worldwide President and Chief Operating Officer Darren D. Hawkins has been appointed to the Board of Directors of the American. YRC Worldwide CEO Darren Hawkins talks with TranzAct Technologies' Co-Founder Mike Regan about the State of the LTL Marketplace as well as the recent U.S. Go. As Chief Executive Officer, Darren Hawkins leads Yellow Corporation, a $5.1 billion North American trucking company that operates the nation's second largest less-than-truckload network. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Keep up with company developments or catch our latest industry, safety and customer service highlights. Washington, DC 20003, ATA Capitol Hill Office Treasury said that it had relied on a certification by the Secretary of Defense that Yellow was "critical to maintaining national ATA Headquarters The inquiry , The special counsel is also investigating Mr. Trumps. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). about YRC Freight Professional City Driver Byron Bramwell Achieves 3-Million-Mile Safety Milestone. (transportation.house.gov), Transport Topics Top 100 list of the largest for-hire carriers in North America, Federal Grant to Make Golden Gate Bridge Safer From Earthquakes, Senate Transportation Leaders Applaud Water Bills Passage, Democrats, Republicans Tout Infrastructure Ahead of Midterm Elections, CVSA International Roadcheck Event Set for May 16-18 | Transport Topics, ATAs Bob Costello Presents Mixed Picture on Economy | Transport Topics, Big G Express Acquires RTR Transportation | Transport Topics, Transportation Experts Divided on FMCSAs Rejection of IRT | Transport Topics, ATAs Chris Spear Proposes Excise Tax Repeal | Transport Topics, 2023 Transport Topics | All Rights Reserved. about YRC Freight Named a 2018 Top 100 Trucker by Inbound Logistics Magazine. Yellow is Americas fifth-largest trucking company, also operating Yellow Logistics, a third-party logistics brokerage that offers a wide portfolio of transportation services and is working to bring trucks and technology together. She graduated from The University of Kansas School of Law with a Juris Doctor degree and Tax Certificate. Most recently, Bergman was a member of the Dicom Transportation executive leadership team where he was responsible for the organizations enterprise commercial strategy and marketing services for developing supply chain solutions across all Dicom business units. That is especially pertinent when difficult choices are being made about extending unemployment insurance and funding schools with personal protective equipment. 2023 Yellow Corporation. A special grand jury in Georgia recently concludedits investigation into whether Mr. Trump and his allies criminally interfered with the 2020 election. An experienced attorney, Dawson previously worked at the Kansas City offices of two top international law firms, Bryan Cave Leighton Paisner LLP and Dentons LLP, where she provided counsel focusing on corporate, securities and finance law. As Chief Executive Officer, Darren Hawkins leads Yellow Corporation, a $5.1 billion North American trucking company that operates the nations second-largest less-than-truckload network. The proposal was not picked up by the Republican-led Congress at the time. For the past four years, he most recently served as Chief Executive Officer of Xpress Global Systems. The company lost over $100 million in 2019. We will continue to monitor the COVID-19 situation closely and adjust accordingly. YRCs fortunes have been fading for years, beginning in 2009 when two of its shipping competitors, FedEx and Conway, engaged in a price war in hopes of driving it out of the market. Its top 500 enterprises are listed by the quality of their security programs. . House Transportation and Infrastructure Committee Chairman Peter DeFazio (D-Ore.), expected to unveil a response to the Senate bill, seemed to share stakeholders frustration at the start of the hearing. To be eligible, most companies are supposed to have government contracts that involve emergency preparedness functions or top-secret facilities. Leah K. Dawson serves as Executive Vice President and General Counsel of Yellow Corporation, a $4.9 billion transportation company and its portfolio of industry-leading less-than-truckload (LTL) companies including Holland, New Penn, Reddaway, YRC Freight and Yellow Logistics. Chief Executive Officer. Members of a congressional oversight panel want to know how YRC Worldwide won a $700 million loan from the Treasury Department. 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The award honors YRC Freights Security is a monthly business magazine for security executives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. As of the end of March it had $880 million in outstanding debt. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. However, a spokeswoman acknowledged that it was advised of the government loan and made changes to its own loan terms with YRC to accommodate it. Darren Hawkins, president and CEO of YRC Worldwide, emphasized the industry's concerns with the conversion of existing toll-free interstate highway lanes to tolled facilities during a hearing of . You may also find the annual proxy statement by going directly to the company's website. Just tell us when and wheresimple as that. There are no executives at Yellow getting paid more. Hush money. Chief Executive Officer Since becoming CEO in 2018, Hawkins has led the Yellow team in making its most significant investments ever to build on its 100 years of service to North American supply chain customers. Lets come together during this unprecedented health crisis and take care of each other and our communities. Since becoming CEO in 2018, Hawkins has led the Yellow team in making its most significant investments ever to build on its 100 years of service to North American supply chain customers. about YRC Freight Named a 2019 Top 100 Trucker by Inbound Logistics Magazine. Some members of the commission also want to look into whether YRCs relationship with Apollo influenced the approval of the loan, according to a person familiar with the matter. Mr. Mnuchin controlled the$17 billion pot of money from which YRCsloan was drawn. As Chief Executive Officer, Darren Hawkins leads Yellow Corporation, a $5.1 billion North American trucking company that operates the nations second-largest less-than-truckload network. A July report from the Congressional Oversight Commission raised questions about the decision to grant the loan, asking why delivering food to bases was vital for national security and why the Treasury Department appeared to seek special signoff from the Defense Department to ensure that YRC was considered eligible. Of this total $750,000 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $1,196,628 was awarded as stock and $129,840 came from other types of compensation. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. EASTENDERS star Charlie G Hawkins has quit acting for a new career 12 years after playing tearaway Darren Miller on soap. Learn about what the company is seeing in the market, how they uniquely serve the industry, and their plans for the future. The commission, which will hold its first hearing on Friday morning, has the power to request documents, call witnesses and coordinate with other congressional committees on oversight matters. Through its OVERLAND PARK, Kan., April 20, 2018 (GLOBE NEWSWIRE) YRC Worldwide Inc. (NASDAQ:YRCW) today announced its eighth annual recognition of employees for environmental excellence. Despite a persistent call-to-action from nearly every aspect of the freight community, transportation leaders have not demonstrated a sense of urgency. Moodys Investors Service cut the companys ratings and Mr. Ross, of Stifel, halted estimates of its earnings, noting the high degree of uncertainty facing the company. Senator Jerry Moran, via video conference, at a hearing on Capitol Hill in May. Read more GI Jobs Magazine Military Friendly Employers With over 30 years of industry experience, Hawkins brings extensive expertise in both operations and sales. The American Society of Civil Engineers, a supporter of a federal fuel tax increase, issued a D+ grade for the countrys infrastructure in 2017. This information is according to proxy statements filed for the 2021 fiscal year. The 32-year-old took on the role of the former car salesman in 2004. The loan has come under scrutiny from the Congressional Oversight Commission, a bipartisan panel created by Congress to police stimulus funds. He asked Treasury Secretary Steven Mnuchin to help YRC. Executive Vice President, General Counsel and Secretary, Senior Vice President, Treasury and Investor Relations. While the trucking industry is willing to pay its fair share for infrastructure improvement, we believe that tolls are not the right solution, and in fact can be very harmful to our industry, customers and ultimately, to consumers, said Hawkins, who represented American Trucking Associations at the hearing. (transportation.house.gov). Military Friendly Employers have invested considerable time, money and personnel to build military ScoopMonkeys list of their 100 best-rated carriers is based on qualities like all-around service, punctuality, communication, and professionalism. Worked at Yellow Corp, Darren Hawkins testifies before House panel Sept. 11 and Bank Scotland! L. Bragg, appearto have moved closer than everto indicting the former President such as: Jason also. Treasury and Investor Relations call-to-action from nearly every aspect of the Freight community Transportation! 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