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. . This helps ensure vital equipment is available for open business locations and prevents incurring additional expense if your delivery cant be made to a closed location. 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. Amending the federal ban on tolling interstate highways falls under Congress jurisdiction. a $700 million loan in exchange for a 30 percent stake in the business, handling of sensitive government documents, advised the Trump administration on infrastructure policy, allow broader access to an emergency Federal Reserve lending program. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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. The Treasury Department declined to explain why it determined that YRC was worthy of a loan. Work At YRC Freight? 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. YRC Freight The Original LTL Carrier Since 1924, YRC Freight Rules & Conditions (Tariff 100). 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. VIEW FULL PROFILE. Lets come together during this unprecedented health crisis and take care of each other and our communities. 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. 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. Coronavirus Tips Working and Protection. Harriss expertise and leadership will be instrumental in growing Yellows super regional network across North America, developing customer service enhancements and expanding teams to include best-in-class LTL freight professionals across the Holland, New Penn, Reddaway, YRC Freight and Yellow Logistics brands. YRC Worldwide Inc. (YRCW) Q4 2020 Earnings Conference Call Feb 04, 2021, 05:00 PM ET Company Participants Tony Carreo - VP, IR Darren Hawkins - CEO Dan Olivier - Interim CFO TJ O'Connor -. Witnessestestifying before the House Subcommittee on Highways and Transit during the Sept. 11 hearing on "Pricing and Technology Strategies to Address Congestion on and Financing of Americas Roads." Darren Hawkins is 50, he's been the Chief Executive Officer and Director of Yellow since 2018. Learn about what the company is seeing in the market, how they uniquely serve the industry, and their plans for the future. The oldest executive at Yellow Corporation is WilliamDavidson, 72, who is the Independent Director. Sean Jones is a CDO Coordinator at YRC Freight and is based in Leawood, Kansas. Also, Dawson is Corporate Secretary to the Yellow Corporation Board of Directors. We cant figure out how were going to pay for this, said DeFazio. The largest trade he's ever made was selling 18,896 units of Yellow stock on 2 August 2016 worth over $219,005. (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. The Justice Department has been asking questions for more than a year about Mr. Trumps efforts to overturn the election and whether he committed any crimes in connection with the Jan. 6 attack. about YRC Freight Professional City Driver Byron Bramwell Achieves 3-Million-Mile Safety Milestone. Hawkins worked at Yellow Freight from 1991 to 2009 and Con-way Freight from 2009 to 2012 before returning to YRC Freight in 2013. The panel, which was created as part of the legislation that was signed in March to oversee distribution of $2.2 trillion in federal virus relief, said it found the agreement questionable and predicted that the government could end up losing money on the deal given the companys precarious financial position. 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. Although it would be inconvenient for the Defense Department to terminate its contract if YRC went out of business, he said, there are plenty of capable alternatives in the shipping market. 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. 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. The impacts of the COVID-19 pandemic are being felt around the world, as we all do our best to stay safe and well. In 2020, Dawson was instrumental in helping Yellow Corporation secure its $700 million CARES Act loan. President and Chief Operating Officer of the Company (January 2018 April 2018), President (February 2014 December 2017), Senior Vice President, Sales and Marketing (January 2013 February 2014) of YRC Freight; Director of Operations (December 2011 January 2013) and Director of Sales (January 2009 December 2011) for Con-Way Freight, a subsidiary of Con-Way, Inc.; various positions of increasing responsibility with Yellow Transportation, Inc. (1991 2009); Member of the American Transportation Research Institute Board (2018). In 2019, a group of funds managed by affiliates of Apollo lent YRC $600 million. The inquiry one of two casesinherited in November by the special counsel, Jack Smith could be completed by spring or early summer. 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. YRC Worldwide. No former president has ever confronted the barrage of legal threats that Donald J. Trump now faces, all of which appear to be, The Justice Department has been asking questions for more than a year about Mr. Trumps efforts to overturn the election and whether he committed any crimes in connection with the Jan. 6 attack. Mr. Darren D. Hawkins Page 2 of the coronavirus pandemic."3 On July 1, 2020, Treasury announced the first loan under the program, a $700 million loan to trucking company YRC Worldwide (now Yellow). The companys stock price soared 74 percent, though it has come down since. YRCs relationship with the government has not always been cozy. 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. The CCJ Top 250 is the most comprehensive ranking of active carriers, based on a blended scale combining revenue, total power units, and number of drivers. about UPDATE YRC Freight Driver Steve Fields Receives ATA Mike Russell Trucking Image Award. Each year, the magazines editors conduct a qualitative assessment of service YRC Freight is proud to announce that Neil Nogues, professional driver from New Hampshire, received the Neill Darmstadter Professional Excellence Award at the 2018 National Truck YRC Freight has been named for the fourth time as the National Shippers Strategic Transportation Councils (NASSTRAC) National LTL Carrier of the Year. Overland Park, Kansas Search Background Check Edit Listing YRC WorldWide Inc. Business Data 10990 Roe Ave, Overland Park, KS 66211 (913) 696-6100 jessica.dingeman@yrcfreight.com www.yrcw.com AllBiz Business Profile Search Professional Contact Details You can see the complete history of Mr. Hawkins stock trades at the bottom of the page. He asked Treasury Secretary Steven Mnuchin to help YRC. 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. ATA Headquarters Get a rate for your shipment with our simple-to-use quote tool or. Over the years, she has provided support for Cardinal Health businesses units that include Pharmaceutical, Pharmaceutical Distribution, Nuclear Pharmacy Services, and Enterprise Customer and Sales functions. Rescue of Troubled Trucking Company With White House Ties Draws Scrutiny, https://www.nytimes.com/2020/08/03/us/politics/yrc-coronavirus-relief-funds.html. No decision has been made about moving the inquiry in that direction. In April, President Trump tapped YRCs chief executive, Darren Hawkins, to serve on a coronavirus economic task force and in January, he nominated the companys former chief executive, William Zollars, to the United States Postal Services board of governors. YRC Worldwide was named YRC Freight was named one of the Top 100 military-friendly employers for 2015. Darren Hawkins Net Worth. Darren Hawkins, president and CEO of YRC Worldwide, emphasized the industrys concerns with the conversion of existing toll-free interstate highway lanes to tolled facilities during a hearing of the House Highways and Transit Subcommittee. Darren D Hawkins CEO at Yellow Corporation Nashville, Tennessee, United States 3K followers 500+ connections Join to view profile Yellow The University of Memphis About Experienced CEO and. 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. about South Dakota Trucking Association Awards Wade Wagemann and Rick Hoogendoorn of YRC Freight. 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. Read more GI Jobs Magazine Military Friendly Employers Recently, prosecutors under the current district attorney. Executive Vice President, General Counsel and Secretary, Senior Vice President, Treasury and Investor Relations. YRC Freight has 19,000 employees, of which 5 are in a leadership position. Share Your Experience Name & Title Bio D Darren Hawkins CEO / President A A.j. Just tell us when and wheresimple as that. On average, Yellow executives and independent directors trade stock every 43 days with the average trade being worth of $9,444,190. The company lost over $100 million in 2019. As he put it, If we are going to tackle congestion, we need a thoughtful approach that provides states and local communities with the flexibility to do what makes sense given their unique circumstances, because no single solution is going to work everywhere.. This report is not for commercial use. The government lifeline to YRC was a boon to Apollo, which might have been faced with liquidating its decaying trucking assets if the company was forced to close. 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 . While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Keep up with company developments or catch our latest industry, safety and customer service highlights. 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.. Darren Hawkins is 50, he's been the Chief Executive Officer and Director of Yellow since 2018. The data presented on this page does not represent the view of YRC Freight and its employees or that of Zippia. Members of a congressional oversight panel want to know how YRC Worldwide won a $700 million loan from the Treasury Department. 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. He is a market-driven collaborative team builder and solutions leader with a proven track record of growing established businesses. 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. For the past four years, he most recently served as Chief Executive Officer of Xpress Global Systems. Around here were paralyzed. He holds a Bachelor of Arts degree from Rutgers University and teaches at the Rutgers Business School Department of Supply Chain Management. As Yellow Corporations Chief Commercial Officer, Jason W. Bergman leads the industry-leading enterprise sales organization comprised of corporate, local, and 3PL channels, and the marketing services team. Hawkins holds a Bachelor of Business Administration in marketing and supply chain management from the University of Memphis. 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. 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. Anyone can read what you share. 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. 2023 Yellow Corporation. 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. The special counsel is also investigating Mr. Trumps handling of sensitive government documentsafter he left office. Harris began his career as a dock worker for a prominent LTL carrier, where he then spent nearly two decades holding various leadership roles of ever-increasing responsibilities in both operations and sales. The White House has not unveiled a comprehensive plan since the start of the divided government session of Congress this year. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. about YRC Freight Named a 2019 Top 100 Trucker by Inbound Logistics Magazine. So while Times staff members may vote, they are not allowed to endorse or campaign for candidates or political causes. Over the past two decades, Olivier has advanced through various accounting and finance roles at Yellow Corporation, most recently having served as Vice President of Financial Planning & Analysis for Yellow Corporation, and prior to that, Vice President, Finance for Holland. Rumfola earned her bachelors degree in productions and operations management science from State University of New York at Geneseo. To be eligible, most companies are supposed to have government contracts that involve emergency preparedness functions or top-secret facilities. YRC Freight is honored to be selected as one of the 2018 Top 50 Companies for Women YRC Freight has again been named as a Top 100 Trucker by Inbound Logistics magazine. YRC's market cap is. The company began shedding workers, delayed payments to health funds for its union workers and, in late April, applied to the federal government for financial assistance. 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. Overland Park KS 66211, United States. During this challenging time, we are incredibly grateful for our team at YRCW of over 30,000 employees who safely and diligently continue to serve our customers. Galen Mayes works at YRC Freight and a CDO Coordinator at YRC Freight and is based in Lewisville, Texas. In addition, he makes $2,118,470 as Chief Executive Officer and Director at Yellow. The loan has come under scrutiny from the Congressional Oversight Commission, a bipartisan panel created by Congress to police stimulus funds. Darren D. Hawkins Age : 53 Public asset : 1,415,359 USD Linked companies : Yellow Corporation Summary Currently, Darren D. Hawkins holds the position of Chief Executive Officer & Director at Yellow Corp. Mr. Hawkins is also on the board of American Trucking Associations, Inc. There are 7 older and 2 younger executives at Yellow. Thorough reviews have been conducted to assure this data accurately reflects disclosures. The 32-year-old took on the role of the former car salesman in 2004. 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. As Chief Executive Officer at YELLOW CORP, Darren D. Hawkins made $2,076,468 in total compensation. Last month, the commission opened an inquiry into whether the company, which ships meal kits, protective equipment and other supplies to military bases, was really worthy of a rescue. With our national LTL network and 344 locations, we are ready to meet the ever-evolving needs this medical crisis continues to present. Darren D. Hawkins Chief Executive Officer. The inquiry , The special counsel is also investigating Mr. Trumps. 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. But six weeks after the hearing, YRC received a bailout from the Treasury Department a $700 million loan in exchange for a 30 percent stake in the business. 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 . With the largest, most comprehensive network in North America and local, regional, national and international capabilities, Yellow handles 20 million shipments annually. We rely on our journalists to be independent observers. 80 M Street SE Suite 800 YRC Freight may also be known as or be related to YRC Freight, YRC Freight Inc, YRC Freight Inc., YRC Worldwide, Yellow Corporation and Yrc Freight. With over 24 years of industry experience and service performance, Bergman brings expertise in both sales and marketing strategies. about YRC Freight Honored as Walmarts National LTL Carrier of the Year. We have estimated Darren Hawkins's net worth , money, salary, income, and assets. The information shown here is a reporting of information included in the company's proxy statement. As the Chief Executive Officer and Director of Yellow, the total compensation of Darren Hawkins at Yellow is $2,118,470. Intensifying investigations. Amit Mehrotra, a Deutsche Bank analyst, said that YRCs fleet was twice as old as the industry average and that many of its competitors had been thriving despite the economic upheaval, suggesting that the pandemic merely accelerated the companys demise. 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. EASTENDERS star Charlie G Hawkins has quit acting for a new career 12 years after playing tearaway Darren Miller on soap. Recently, prosecutors under the current district attorney, Alvin L. Bragg, appearto have moved closer than everto indicting the former president. The YRC loan appears to be an exception. Have a shipment ready for pick up? The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. about YRC Freight Named by Women in Trucking as 2018 Top Company for Women to Work for in Transportation. As CFO of Yellow Corporation, Dan Olivier is responsible for corporate finance, treasury, cash management, accounting, tax and risk management/internal audit. Darren Hawkins. Senator Jerry Moran, via video conference, at a hearing on Capitol Hill in May. Clearly, from a highway users perspective, the waste that goes into collecting a toll is simply unacceptable when far more efficient alternatives are available, he added, noting ATA supports the federal adoption of a fee on hybrid and electric vehicles to make up for their minimal contribution to fuel taxes. 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. The companies were formed over a forty-three year period with the most recent being incorporated eleven months ago in January of 2022. Here is a look at the criminal cases confronting Mr. Trump: Georgia election interference. 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. As a subscriber, you have 10 gift articles to give each month. COVID-19 A suspension of all guarantee service failure reimbursements has been issued effective 3/25/2020 Learn More . 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. about Commercial Carrier Journals Top 250 Carriers. Sean attended University of Kansas between 2011 and 2015 and Shawnee Mission West High School between 2009 and 2011. The CEO of YRC Freight is Darren Hawkins. 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. With over 30 years of industry experience, Hawkins brings extensive expertise in both operations and sales. 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. He is currently vice chair of the American Trucking Associations and serves as a Board member of the American Transportation Research Institute. 80 M Street SE, Suite 800, Washington, D.C., 20003, YRC President Darren Hawkins testifies before House panel Sept. 11. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Darren Hawkins - CEO Jamie Pierson - CFO Conference Call Participants Operator Good afternoon, and welcome to YRC Worldwide's First Quarter 2020 Earnings Call. That same year, Apollo lent $184 million to Mr. Kushners family real estate firm, Kushner Companies, to refinance the mortgage on a Chicago skyscraper. Chief Executive Officer. In his 45-year career with YRC Freight, Bobby Elrod has reached the elite safety milestone of driving five-million consecutive miles without a single accident. The American Society of Civil Engineers, a supporter of a federal fuel tax increase, issued a D+ grade for the countrys infrastructure in 2017. To government watchdog groups that have been tracking the Trump administrations economic relief effort, the real question is whether a company such as YRC should live on. Their crisis is not a product of Covid, Mr. Mehrotra said. 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. 430 First Street, SE, Suite 100 As of the end of March it had $880 million in outstanding debt. Since the pandemic, Apollo has been lobbying the Trump administration to allow broader access to an emergency Federal Reserve lending program. Harris has more than 25 years of extensive LTL industry experience. 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 . 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. Executive Summary. The Investor Relations website contains information about Yellow Corporation's business for stockholders, potential investors, and financial analysts. 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. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 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. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 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). YRC attributes the complaint to an old contractual dispute and says it has a motion for dismissal pending. Treasury said that it had relied on a certification by the Secretary of Defense that Yellow was "critical to maintaining national That is especially pertinent when difficult choices are being made about extending unemployment insurance and funding schools with personal protective equipment. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. 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. Their crisis is borne of years and of under investment in their assets.. He has worked as Front Desk Agent at Holiday Inn Express & Suites, Central Dispatch Operator Trainee at YRC Freight, and Order Fulfillment at Challenger Teamwear. Darren D Hawkins is Chief Executive Officer at YRC Worldwide Inc. See Darren D Hawkins's compensation, career history, education, & memberships. Hawkins holds a Bachelor of Business Administration in marketing and supply chain management from the University of Memphis. He has written many articles in this field. Of this total $1,100,000 was received as a salary, $893,369 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $125,100 came from other types of compensation. about YRC Worldwide Professional Drivers Head to 2019 National Truck Driving Championships. In normal times when you have a recession, companies that arent the best companies go away.. 2,076,468 in total compensation experience, Hawkins brings extensive expertise in both sales and marketing strategies a of! 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Steve Fields Receives ATA Mike Russell Trucking Image Award and teaches at the Rutgers Business School Department of supply management... Certain executives and operations management science from State University of Memphis district attorney, L....
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