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. 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. Darren Hawkins. One of the companies is still active while the remaining three are now listed as inactive. 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. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Yellow recently onboarded the largest number of new trucks in its history with advanced safety and emissions . For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. As CFO of Yellow Corporation, Dan Olivier is responsible for corporate finance, treasury, cash management, accounting, tax and risk management/internal audit. YRCs loan came from a discrete $17 billion pot of money set up by Congress and controlled by Mr. Mnuchin to help companies that were designated as critical to national security. What Now for a Fed That Has Fallen Behind theCurve Again? YRC was already in a precarious position given that they werent a very profitable company, they were already losing volume and market share, and theyve been trying to turn this around forever, said David Ross, an analyst at the investment firm Stifel. The case, which took a dramatic turn when the F.B.I. 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. 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.. 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. EASTENDERS star Charlie G Hawkins has quit acting for a new career 12 years after playing tearaway Darren Miller on soap. Yellow executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. There are no executives at Yellow getting paid more. The relationship between Apollo and the White House runs deep. It sends a chilling message to the American people that the Trump administration has no problem throwing nearly a billion dollars to wealthy, well-connected companies like YRC, while they refuse to provide adequate assistance for the unemployed or protect workers as the pandemic worsens, said Kyle Herrig, the president of Accountable.US. He is a market-driven collaborative team builder and solutions leader with a proven track record of growing established businesses. In addition, he makes $2,118,470 as Chief Executive Officer and Director at Yellow. The proposal was not picked up by the Republican-led Congress at the time. WASHINGTON As policymakers evaluate viable long-term approaches to fund the countrys transportation network, a trucking industry executive warned against relying on tolling. All proxy statements are public filings made available to the general public by the SEC. Coronavirus Tips Working and Protection. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. With the largest, most comprehensive network in North America and local, regional, national and international capabilities, Yellow handles 20 million shipments annually. The Treasury Department declined to explain why it determined that YRC was worthy of a loan. All participants will be in a. The special counsel is also investigating Mr. Trumps handling of sensitive government documentsafter he left office. TranzAct has been offering supply chain solutions since 1984, and can use our technology, knowledge, and network for you.Get in touch at solutions@tranzact.com or 630.833.0890.Check out the rest of this 2:00 Minute Warning: https://blog.tranzact.com/2-minute-warning/yrc-ltl-market-updatesView our 2:00 Minute Warnings here: https://www.youtube.com/playlist?list=PL6DA439EEE7804393Download this ebook to learn what factors inside your organization influence your costs, what levers you can use to make changes and how to quantify the impact. 6 on the Transport Topics Top 100 list of the largest for-hire carriers in North America. 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. about YRC Freight Named a 2018 Top 100 Trucker by Inbound Logistics Magazine. The data presented on this page does not represent the view of YRC Freight and its employees or that of Zippia. about GI Jobs Magazine Military Friendly Employers. He holds a Bachelor of Arts degree from Rutgers University and teaches at the Rutgers Business School Department of Supply Chain Management. The companys stock price soared 74 percent, though it has come down since. Darren Hawkins's income source is mostly from being a successful . about YRC Freight Honored as Walmarts National LTL Carrier of the Year. All rights reserved. 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. 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. If you have any questions, please contact your YRCW account representative. 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. So while Times staff members may vote, they are not allowed to endorse or campaign for candidates or political causes. 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. about Security 500 1st in Logistics Industry. 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. 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. Washington, DC 20003, ATA Capitol Hill Office 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. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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. YRC Freight has 19,000 employees, of which 5 are in a leadership position. 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. Members of a congressional oversight panel want to know how YRC Worldwide won a $700 million loan from the Treasury Department. The oldest executive at Yellow Corporation is WilliamDavidson, 72, who is the Independent Director. Share Your Experience Name & Title Bio D Darren Hawkins CEO / President A A.j. The Treasury Department submits all applications that do not meet those criteria to the Defense Department for review. Thorough reviews have been conducted to assure this data accurately reflects disclosures. That is especially pertinent when difficult choices are being made about extending unemployment insurance and funding schools with personal protective equipment. 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. It was the first company to receive a loan from that fund. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Through a federation of 50 affiliated state trucking associations and industry-related conferences and councils, ATA is the voice of the industry America depends on most to move our nations freight. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. The impacts of the COVID-19 pandemic are being felt around the world, as we all do our best to stay safe and well. Darren D. Hawkins serves as Chief Executive Officer, Director of the Company. Based on our data team's research, Darren Hawkins is the YRC Freight's CEO. He is currently vice chair of the American Trucking Associations and serves as a Board member of the American Transportation Research Institute. 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. Amending the federal ban on tolling interstate highways falls under Congress jurisdiction. With over 30 years of industry experience, Hawkins brings extensive expertise in both operations and sales. 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. Absent significant upgrades and repairs to key freight and commuter corridors, congestion has worsened at major metropolitan regions, other stakeholders told lawmakers at the hearing. He asked Treasury Secretary Steven Mnuchin to help YRC. The White House has not unveiled a comprehensive plan since the start of the divided government session of Congress this year. Its top 500 enterprises are listed by the quality of their security programs. Their crisis is borne of years and of under investment in their assets.. Congress has not raised the 24.4 cents-per-gallon diesel tax and 18.4 cents-per-gallon gas tax since 1993. Learn about what the company is seeing in the market, how they uniquely serve the industry, and their plans for the future. Mr. Mnuchin controlled the$17 billion pot of money from which YRCsloan was drawn. 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. about Neil Nogues Receives the Professional Excellence Award. Coronavirus Concerns for Carriers Hear how one major carrier is dealing with the challenges posed by the coronavirus. She holds an MBA from Ashland University. This information is according to proxy statements filed for the 2021 fiscal year. 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. YRCs relationship with the government has not always been cozy. 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 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. searched Mar-a-Lago, has been complicatedby the discovery that President Bidenand former Vice President Mike Pencealso had classified files in their possession. North to south and east to west, if youre shipping freight in North America, youre on our route. Intensifying investigations. We value your business and will continue doing our best to serve in this challenging climate. She graduated from The University of Kansas School of Law with a Juris Doctor degree and Tax Certificate. YRC Freight has 19,000 employees, of which 5 are in a leadership position. YRC Worldwide was named YRC Freight was named one of the Top 100 military-friendly employers for 2015. The information shown here is a reporting of information included in the company's proxy statement. Analysts attributed its financial malaise to a long period of mismanagement and neglect of its fleet of trucks. 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. 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. No former president has ever confronted the barrage of legal threats that Donald J. Trump now faces, all of which appear to be heading toward key decision pointsby the authorities in coming months. about YRC Freight Again Selected as NASSTRACs National LTL Carrier of the Year. Prosecutors said YRC inflated the weights of thousands of shipments, billing the government based on those false numbers in what was described as an affront to American taxpayers.. Rumfola earned her bachelors degree in productions and operations management science from State University of New York at Geneseo. YRC Worldwide & LTL Market Updates As a vital part of the LTL industry, YRC was recently sustained by a major U.S. government loan package. The loan has raised questions of favoritism in part because it appears to flout the Trump administrations own public assertions that it would not use taxpayer money to prop up individual companies or bail out businesses that were in financial trouble before the pandemic struck. No decision has been made about moving the inquiry in that direction. 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. https://info.tranzact.com/transportation-spend-management-plan-ebookSee more at https://www.tranzact.com/#YRCW #TranzActTechnologies #YRCNews #YellowFreight #CARESAct #LTLClick to subscribe: https://www.youtube.com/user/TranzActTechnologies?sub_confirmation=1 The American Society of Civil Engineers, a supporter of a federal fuel tax increase, issued a D+ grade for the countrys infrastructure in 2017. 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). 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. Anyone can read what you share. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. 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. You may also find the annual proxy statement by going directly to the company's website. 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.. 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. Executive Summary. Darren D. Hawkins. 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. 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. Dawson has a Bachelor of Science degree in Business Administration with a Spanish Concentration from The University of Kansas. 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. At YRCW, our key focus remains on the health and safety of our employees and the critical needs of our customers. 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. Since the pandemic, Apollo has been lobbying the Trump administration to allow broader access to an emergency Federal Reserve lending program. Yellow Corp income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. As Chief Executive Officer at YELLOW CORP, Darren D. Hawkins made $2,076,468 in total compensation. To be eligible, most companies are supposed to have government contracts that involve emergency preparedness functions or top-secret facilities. None of the information on this page has been provided or approved by YRC Freight. Prior to being named General Counsel, Dawson served as Assistant General Counsel and Assistant Secretary for Yellow Corporation since 2012. The 32-year-old took on the role of the former car salesman in 2004. Yellow Corp CEO Darren Hawkins credits a 'pandemic consumer' shift from services to goods. 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 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. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 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. Senator Jerry Moran, via video conference, at a hearing on Capitol Hill in May. Read more GI Jobs Magazine Military Friendly Employers 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. Overturning the election. The looming shortfall of a highway account backed by revenue from the fuel tax was not addressed in surface transportation legislation the Senate Environment and Public Works Committee advanced in July. 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. He is a results-driven leader, a clear and motivating communicator, and a trusted and empowering manager. Executive Vice President, General Counsel and Secretary, Senior Vice President, Treasury and Investor Relations. This report is not for commercial use. As the pandemic shuttered large swaths of the U.S. economy this spring, freight volumes at YRC fell sharply. 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. 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. There are 7 older and 2 younger executives at Yellow. Sean attended University of Kansas between 2011 and 2015 and Shawnee Mission West High School between 2009 and 2011. Their crisis is not a product of Covid, Mr. Mehrotra said. No ones going to notice that. 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. We rely on our journalists to be independent observers. YRC Worldwide, based in Overland Park, Kan., ranks No. 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." Prominent historians and conservation experts explain the architectural relevance of buildings ranging from houses of worship to former colonial outposts and tenements. He is a results-driven leader, a clear and motivating communicator, and a trusted and empowering manager. 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 Commercial Carrier Journals Top 250 Carriers. The most active insiders traders include Creek Asset Management, L.P, Fund Limited Partnership Ii, and Bank Of Scotland Group Plc . (transportation.house.gov). So while Times staff members may vote, they are not allowed to endorse or campaign for candidates or political causes. 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 . As a freight and logistics provider, we are the lifeblood of North Americas supply chain keeping essential freight and medical supplies moving. 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. Also, Dawson is Corporate Secretary to the Yellow Corporation Board of Directors. 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. With over 24 years of industry experience and service performance, Bergman brings expertise in both sales and marketing strategies. So, how much is Darren Hawkins worth at the age of 56 years old? YRC Freight The Original LTL Carrier Since 1924, YRC Freight Rules & Conditions (Tariff 100). The company lost over $100 million in 2019. 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. Filmed at key heritage sites all across Hong Kong, including Tai Kwun, Tang Tsing Lok Ancestral Hall and Kowloon Walled City Park, this documentary showcases Hong Kong's multicultural history. His net worth has been growing significantly in 2021-2022. You can see the complete history of Mr. Hawkins stock trades at the bottom of the page. Hush money. Darren D. Hawkins Chief Executive Officer. The companies were formed over a forty-three year period with the most recent being incorporated eleven months ago in January of 2022. about Inbound Logistics 2016 Top 100 Trucker. Recently, prosecutors under the current district attorney, Alvin L. Bragg, appearto have moved closer than everto indicting the former president. To limit disruptions, we encourage you to contact your consignee to make sure they will be there to accept delivery. Overland Park KS 66211, United States. 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). In 2018, the Justice Department sued YRC, accusing it of overcharging and defrauding the Defense Department out of millions of dollars over a seven-year period. The CEO of YRC Freight is Darren Hawkins. For its 2021 fiscal year, Yellow Corp, listed the following CEO pay ratio data on its annual proxy statement to the SEC. 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. As of 27 February 2017 he still owns at least 51,357 units of Yellow stock. As the Chief Executive Officer and Director of Yellow, the total compensation of Darren Hawkins at Yellow is $2,118,470. Mike Kelley, a YRC spokesman, declined to comment. As Chief Executive Officer, Darren Hawkins leads YRC Worldwide Inc., 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 YRC Reimer as well . 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. Darren is currently serving as Second Vice Chairman of the American Trucking Associations, the largest national trade association for the trucking industry. 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. 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. We take this responsibility seriously and are focused each day on safely delivering uninterrupted service for our customers. Who is Darren Hawkins? YRC attributes the complaint to an old contractual dispute and says it has a motion for dismissal pending. The inquiry one of two casesinherited in November by the special counsel, Jack Smith could be completed by spring or early summer. Harrell Founder H Haitz Tim Sr. Vice President Sales and Marketing G Galen Mayes CDO Coordinator 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. A special grand jury in Georgia recently concludedits investigation into whether Mr. Trump and his allies criminally interfered with the 2020 election. The YRC loan appears to be an exception. Have a shipment ready for pick up? 2023 Yellow Corporation. 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 . He is from . We have estimated Darren Hawkins's net worth , money, salary, income, and assets. 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