Since the pandemic, Apollo has been lobbying the Trump administration to allow broader access to an emergency Federal Reserve lending program. ATA Headquarters 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.. 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. 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. As the Chief Executive Officer and Director of Yellow, the total compensation of Darren Hawkins at Yellow is $2,118,470. He brings to the role expertise in operational finance and strategy. The Investor Relations website contains information about Yellow Corporation's business for stockholders, potential investors, and financial analysts. COVID-19 A suspension of all guarantee service failure reimbursements has been issued effective 3/25/2020 Learn More . The oldest executive at Yellow Corporation is William Davidson, 72, who is the Independent Director. 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. All rights reserved. 6 on the Transport Topics Top 100 list of the largest for-hire carriers in North America. 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. Government deal YRCW made.This interview from August, 2020, is an exclusive insight into YRCW's strategic goals, which includes advice for shippers looking to partner with their carriers in the current COVID environment and beyond.For more insights, go to www.tranzact.com, where you can find additional information on how shippers can succeed. 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. 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. Have a shipment ready for pick up? YRC has financial backing from Apollo Global Management, a private equity firm with close ties to Trump administration officials. With our national LTL network and 344 locations, we are ready to meet the ever-evolving needs this medical crisis continues to present. The CEO of Yellow Corp., the trucking company formerly known as YRC Worldwide, told FOX Business Friday . For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Hawkins has also overseen the companys transformation into a super-regional carrier that will offer enhanced services, LTL network resilience and in-cycle reliability. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. So, how much is Darren Hawkins worth at the age of 56 years old? Executive Summary. Last year it posted a net loss of $104 million. 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 has written many articles in this field. Darren Hawkins - CEO Jamie Pierson - CFO Conference Call Participants Operator Good afternoon, and welcome to YRC Worldwide's First Quarter 2020 Earnings Call. The impacts of the COVID-19 pandemic are being felt around the world, as we all do our best to stay safe and 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. 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. 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. 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. YRCs relationship with the government has not always been cozy. Lets come together during this unprecedented health crisis and take care of each other and our communities. The case, which took a dramatic turn when the F.B.I. Recently, prosecutors under the current district attorney. 430 First Street, SE, Suite 100 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. Congress has not raised the 24.4 cents-per-gallon diesel tax and 18.4 cents-per-gallon gas tax since 1993. As Chief Executive Officer at YELLOW CORP, Darren D. Hawkins made $2,076,468 in total compensation. 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. On average, Darren trades about 2,373 units every 33 days since 2014. 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. As CFO of Yellow Corporation, Dan Olivier is responsible for corporate finance, treasury, cash management, accounting, tax and risk management/internal audit. 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. In addition, he makes $2,118,470 as Chief Executive Officer and Director at Yellow. 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. Darren D. Hawkins. The inquiry one of two casesinherited in November by the special counsel, Jack Smith could be completed by spring or early summer. With over 24 years of industry experience and service performance, Bergman brings expertise in both sales and marketing strategies. 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. We value your business and will continue doing our best to serve in this challenging climate. No decision has been made about moving the inquiry in that direction. 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. Washington, DC 20003, Agricultural and Food Transporters Conference. The proposal was not picked up by the Republican-led Congress at the time. 2023 Yellow Corporation. 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. Mike Kelley, a YRC spokesman, declined to comment. 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. 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.. 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 Named a 2019 Top 100 Trucker by Inbound Logistics Magazine. The most recent stock trade was executed by Scott D. Ware on 27 November 2020, trading 15,000 units of YRCW stock currently worth $93,750. /PRNewswire-USNewswire/ -- YRC Worldwide President and Chief Operating Officer Darren D. Hawkins has been appointed to the Board of Directors of the American. 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 Freight Named a 2018 Top 100 Trucker by Inbound Logistics Magazine. 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. Darren Hawkins, CEO Share Posted: March 27, 2020 Category: YRC News Security 500 - 1st in Logistics Industry Security is a monthly business magazine for security executives. The companys stock price soared 74 percent, though it has come down since. Hawkins, who became CEO of YRC in May 2018, ranked as the Business Journal 's 16th-highest-paid public company executive, with $4.43 million in total compensation in 2018. Analysts attributed its financial malaise to a long period of mismanagement and neglect of its fleet of trucks. Darren has made over 10 trades of the Yellow stock since 2014, according to the Form 4 filled with the SEC. YRC Freight The Original LTL Carrier Since 1924, YRC Freight Rules & Conditions (Tariff 100). 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. Darren Hawkins. Just tell us when and wheresimple as that. 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. 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. Around here were paralyzed. Their crisis is borne of years and of under investment in their assets.. Also, Dawson is Corporate Secretary to the Yellow Corporation Board of Directors. Darren D. Hawkins serves as Chief Executive Officer, Director of the Company. For its 2021 fiscal year, Yellow Corp, listed the following CEO pay ratio data on its annual proxy statement to the SEC. 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. [Stay on top of transportation news: Get TTNews in your inbox.]. 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. He is currently vice chair of the American Trucking Associations and serves as a Board member of the American Transportation Research Institute. Apollo Global Management, which Josh Harris helped found, said it was not involved in YRCs decision to seek the loan. about Bobby Elrod Reaches Safety Achievement of 5-Million Accident-Free Miles. YRC Worldwide was named. 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. Galen Mayes works at YRC Freight and a CDO Coordinator at YRC Freight and is based in Lewisville, Texas. He is from . The companies were formed over a forty-three year period with the most recent being incorporated eleven months ago in January of 2022. In normal times when you have a recession, companies that arent the best companies go away.. 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. Hawkins holds a Bachelor of Business Administration in marketing and supply chain management from the University of Memphis. 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. Classified documents. For the past four years, he most recently served as Chief Executive Officer of Xpress Global Systems. We cant figure out how were going to pay for this, said DeFazio. If you have any questions, please contact your YRCW account representative. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. All rights reserved. He is a results-driven leader, a clear and motivating communicator, and a trusted and empowering manager. 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 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. YRC's market cap is. 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. There are 7 older and 2 younger executives at Yellow. At YRCW, our key focus remains on the health and safety of our employees and the critical needs of our customers. 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. 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 . Hawkins worked at Yellow Freight from 1991 to 2009 and Con-way Freight from 2009 to 2012 before returning to YRC Freight in 2013. 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. 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. So while Times staff members may vote, they are not allowed to endorse or campaign for candidates or political causes. Senator Jerry Moran, via video conference, at a hearing on Capitol Hill in May. 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 Freight has 19,000 employees, of which 5 are in a leadership position. Overland Park KS 66211, United States. Hawkins was appointed by ATRI Chairman Judy McReynolds, president and CEO of ArcBest Corporation at ATRI's January board meeting. None of the information on this page has been provided or approved by YRC Freight. Members of a congressional oversight panel want to know how YRC Worldwide won a $700 million loan from the Treasury Department. 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. Based on our data team's research, Darren Hawkins is the YRC Freight's CEO. and a Ph.D. in political science, both from . 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. Favorite Healthcare Staffing Jobs Near Me, Senior Software Engineer jobs at YRC Freight, Inside Sales Account Executive jobs at YRC Freight, Account Representative jobs at YRC Freight. 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. 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,. He is a market-driven collaborative team builder and solutions leader with a proven track record of growing established businesses. Their crisis is not a product of Covid, Mr. Mehrotra said. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. about ScoopMonkeys Top 100 Best Carriers. 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 Hawkins's income source is mostly from being a successful . Hush money. He is dedicated to adding the technology of Yellow Logistics to the combined power of Yellows network to provide significant market leverage and bring our customers new service opportunities. about YRC Worldwide Professional Drivers Head to 2019 National Truck Driving Championships. All participants will be in a. Here is a look at the criminal cases confronting Mr. Trump: Georgia election interference. 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. Read more GI Jobs Magazine Military Friendly Employers 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 loan has come under scrutiny from the Congressional Oversight Commission, a bipartisan panel created by Congress to police stimulus funds. 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. 2023 Yellow Corporation. 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. 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. 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