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. Washington, DC 20003, Agricultural and Food Transporters Conference. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Darren D. Hawkins Chief Executive Officer. 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. What Now for a Fed That Has Fallen Behind theCurve Again? searched Mar-a-Lago, has been complicatedby the discovery that President Bidenand former Vice President Mike Pencealso had classified files in their possession. 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. 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. As a freight and logistics provider, we are the lifeblood of North Americas supply chain keeping essential freight and medical supplies moving. 80 M Street SE, Suite 800, Washington, D.C., 20003, YRC President Darren Hawkins testifies before House panel Sept. 11. 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. All proxy statements are public filings made available to the general public by the SEC. 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. The award honors YRC Freights Security is a monthly business magazine for security executives. It was the first company to receive a loan from that fund. At YRCW, our key focus remains on the health and safety of our employees and the critical needs of our customers. Last year it posted a net loss of $104 million. So while Times staff members may vote, they are not allowed to endorse or campaign for candidates or political causes. 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 Worldwide Recognized by Women in Trucking as a 2019 Top Company for Women to Work for in Transportation. Its top 500 enterprises are listed by the quality of their security programs. The largest trade he's ever made was selling 18,896 units of Yellow stock on 2 August 2016 worth over $219,005. 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. One of the companies is still active while the remaining three are now listed as inactive. Hear the latest economic, business and market news, as well as global, national, and local news. Treasury said that it had relied on a certification by the Secretary of Defense that Yellow was "critical to maintaining national 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. 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. As a subscriber, you have 10 gift articles to give each month. You can see the complete history of Mr. Hawkins stock trades at the bottom of the page. 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. The data presented on this page does not represent the view of YRC Freight and its employees or that of Zippia. 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 -. 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. 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. He is currently vice chair of the American Trucking Associations and serves as a Board member of the American Transportation Research Institute. Since the pandemic, Apollo has been lobbying the Trump administration to allow broader access to an emergency Federal Reserve lending program. YRC attributes the complaint to an old contractual dispute and says it has a motion for dismissal pending. Get a rate for your shipment with our simple-to-use quote tool or. 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. This report is not for commercial use. 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. The proposal was not picked up by the Republican-led Congress at the time. No decision has been made about moving the inquiry in that direction. Darren Hawkins. about YRC Freight Professional City Driver Byron Bramwell Achieves 3-Million-Mile Safety Milestone. So, how much is Darren Hawkins worth at the age of 56 years old? The headquarters of YRC Worldwide in Overland Park, Kan. We rely on our journalists to be independent observers. 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. 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 estimated Net Worth of Darren Hawkins is at least $3.56 Million dollars as of 27 February 2017. about YRC Freight Named by Women in Trucking as 2018 Top Company for Women to Work for in Transportation. 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. 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. In normal times when you have a recession, companies that arent the best companies go away.. 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 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 Worldwide was named YRC Freight was named one of the Top 100 military-friendly employers for 2015. 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. Chief Executive Officer. 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. 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. Also, Dawson is Corporate Secretary to the Yellow Corporation Board of Directors. about YRC Worldwide Recognizes Environmental Excellence. 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. 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. The 32-year-old took on the role of the former car salesman in 2004. Darren's mailing address filed with the SEC is 10990 ROE AVENUE, , OVERLAND PARK, KS, 66211. 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. 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 (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. If you have any questions, please contact your YRCW account representative. 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. The inquiry , The special counsel is also investigating Mr. Trumps. The Treasury Department declined to explain why it determined that YRC was worthy of a loan. The case, which took a dramatic turn when the F.B.I. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. He is from . Overturning the election. VIEW FULL PROFILE. 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. Despite a persistent call-to-action from nearly every aspect of the freight community, transportation leaders have not demonstrated a sense of urgency. YRC Freight has 19,000 employees, of which 5 are in a leadership position. The special counsel is also investigating Mr. Trumps handling of sensitive government documentsafter he left office. 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. Mr. Mnuchin controlled the$17 billion pot of money from which YRCsloan was drawn. YRC's market cap is. Executive Vice President, General Counsel and Secretary, Senior Vice President, Treasury and Investor Relations. 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. (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. That is especially pertinent when difficult choices are being made about extending unemployment insurance and funding schools with personal protective equipment. 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. 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. 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). As the pandemic shuttered large swaths of the U.S. economy this spring, freight volumes at YRC fell sharply. 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. Senator Jerry Moran, via video conference, at a hearing on Capitol Hill in May. The CEO of Yellow Corp., the trucking company formerly known as YRC Worldwide, told FOX Business Friday . He is currently vice chair of the American Trucking Associations and serves as a Board member of the American Transportation Research Institute. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. This information is according to proxy statements filed for the 2021 fiscal year. Will YRC live to fight another day? Mr. Ross wrote in a note to clients in May. 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. We have estimated Darren Hawkins's net worth , money, salary, income, and assets. Most recently he sold 7,500 units of YRCW stock worth $96,075 on 27 February 2017. 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. COVID-19 A suspension of all guarantee service failure reimbursements has been issued effective 3/25/2020 Learn More . So while Times staff members may vote, they are not allowed to endorse or campaign for candidates or political causes. 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. 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. North to south and east to west, if youre shipping freight in North America, youre on our route. We will continue to monitor the COVID-19 situation closely and adjust accordingly. He is a results-driven leader, a clear and motivating communicator, and a trusted and empowering manager. about Inbound Logistics 2016 Top 100 Trucker. With the largest, most comprehensive network in North America and local, regional, national and international capabilities, Yellow handles 20 million shipments annually. There are 7 older and 2 younger executives at Yellow. Darren D. Hawkins. None of the information on this page has been provided or approved by YRC Freight. Coronavirus Concerns for Carriers Hear how one major carrier is dealing with the challenges posed by the coronavirus. All participants will be in a. 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 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. With our national LTL network and 344 locations, we are ready to meet the ever-evolving needs this medical crisis continues to present. The most active insiders traders include Creek Asset Management, L.P, Fund Limited Partnership Ii, and Bank Of Scotland Group Plc . Analysts attributed its financial malaise to a long period of mismanagement and neglect of its fleet of trucks. 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. 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. 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. Yellow Corp CEO Darren Hawkins credits a 'pandemic consumer' shift from services to goods. 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. 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 brings to the role expertise in operational finance and strategy. Real-time shipment status for your delivered and undelivered shipments. 80 M Street SE Suite 800 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 . 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 company has said the loan will be used to pay pension and health care costs and to invest in trailers and trucks. 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.. 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 American Society of Civil Engineers, a supporter of a federal fuel tax increase, issued a D+ grade for the countrys infrastructure in 2017. 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. 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. 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 . 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. Hawkins was appointed by ATRI Chairman Judy McReynolds, president and CEO of ArcBest Corporation at ATRI's January board meeting. Keep up with company developments or catch our latest industry, safety and customer service highlights. You may also find the annual proxy statement by going directly to the company's website. Darren has made over 10 trades of the Yellow stock since 2014, according to the Form 4 filled with the SEC. Around here were paralyzed. Darren D. Hawkins serves as Chief Executive Officer, Director of the Company. and a Ph.D. in political science, both from . "We look forward to having Darren serve on the ATRI Board," said McReynolds. YRC Freight has 19,000 employees, of which 5 are in a leadership position. Darren Hawkins's income source is mostly from being a successful . Just tell us when and wheresimple as that. The White House has not unveiled a comprehensive plan since the start of the divided government session of Congress this year. That same year, Apollo lent $184 million to Mr. Kushners family real estate firm, Kushner Companies, to refinance the mortgage on a Chicago skyscraper. He has written many articles in this field. 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. As the Chief Executive Officer and Director of Yellow, the total compensation of Darren Hawkins at Yellow is $2,118,470. 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. YRC has financial backing from Apollo Global Management, a private equity firm with close ties to Trump administration officials. The Treasury Department submits all applications that do not meet those criteria to the Defense Department for review. 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. 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 inquiry one of two casesinherited in November by the special counsel, Jack Smith could be completed by spring or early summer. 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. According to ATA, if this Build America Fund were to be enacted it would generate $340 billion in approximately 10 years. 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. In 2019, a group of funds managed by affiliates of Apollo lent YRC $600 million. Lets come together during this unprecedented health crisis and take care of each other and our communities. A Defense Department spokesman referred questions to the Treasury Department when asked why YRC was critical to the countrys security. 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." For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. All rights reserved. $ 600 million Darren serve on the health and safety of our customers and Investor Relations address! A Board member of the former car salesman in 2004 listed as inactive Associations serves! For 2015 University and teaches at the time shift from services to goods 20003, Agricultural and Food Transporters.. 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