We value your business and will continue doing our best to serve in this challenging climate. 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 company Inbound Logistics recognizes YRC Freightas a 2016 Top 100 Trucker for consistently providing premium service, reliability, scalability the watchwords of supply chain professionals who need For the third time in five years, Walmarts transportation executive team named YRC Freight its National LTL Carrier of the Year. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. "We look forward to having Darren serve on the ATRI Board," said McReynolds. This is an OVERLAND PARK, Kan.,Nov. 13, 2018(GLOBE NEWSWIRE) (NASDAQ: YRCW). about Security 500 1st in Logistics Industry. We take this responsibility seriously and are focused each day on safely delivering uninterrupted service for our customers. about YRC Freight Named a 2019 Top 100 Trucker by Inbound Logistics Magazine. 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. Hawkins holds a Bachelor of Business Administration in marketing and supply chain management from the University of Memphis. 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. 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's market cap is. Its top 500 enterprises are listed by the quality of their security programs. 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. Keep up with company developments or catch our latest industry, safety and customer service highlights. 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. 80 M Street SE Suite 800 As Chief Executive Officer at Yellow Corp, Darren D. Hawkins made $2,118,469 in total compensation. None of the information on this page has been provided or approved by YRC Freight. 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. 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. 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 -. 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. 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. A special grand jury in Georgia recently concludedits investigation into whether Mr. Trump and his allies criminally interfered with the 2020 election. Harrell Founder H Haitz Tim Sr. Vice President Sales and Marketing G Galen Mayes CDO Coordinator Overturning the election. The Treasury Department declined to explain why it determined that YRC was worthy of a loan. 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. On average, Yellow executives and independent directors trade stock every 43 days with the average trade being worth of $9,444,190. 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. As the pandemic shuttered large swaths of the U.S. economy this spring, freight volumes at YRC fell sharply. A struggling trucking company in his state was on the brink of collapse and needed government support. Yellow Corp income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 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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. 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. 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. Dawson has a Bachelor of Science degree in Business Administration with a Spanish Concentration from The University of Kansas. 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. Congress has not raised the 24.4 cents-per-gallon diesel tax and 18.4 cents-per-gallon gas tax since 1993. That same year, Apollo lent $184 million to Mr. Kushners family real estate firm, Kushner Companies, to refinance the mortgage on a Chicago skyscraper. about Inbound Logistics 2016 Top 100 Trucker. He is currently vice chair of the American Trucking Associations and serves as a Board member of the American Transportation Research Institute. 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. 430 First Street, SE, Suite 100 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. With over 30 years of industry experience, Hawkins brings extensive expertise in both operations and sales. All rights reserved. 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. This report is not for commercial use. So while Times staff members may vote, they are not allowed to endorse or campaign for candidates or political causes. Hawkins has also overseen the companys transformation into a super-regional carrier that will offer enhanced services, LTL network resilience and in-cycle reliability. 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. You can see the complete history of Mr. Hawkins stock trades at the bottom of the page. The loan has come under scrutiny from the Congressional Oversight Commission, a bipartisan panel created by Congress to police stimulus funds. 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. We cant figure out how were going to pay for this, said DeFazio. We rely on our journalists to be independent observers. For months, the money went untouched, in part because the loans come with strict terms and requirements and corporations must be willing to hand over equity stakes in their companies to the federal government. Darren Hawkins is 50, he's been the Chief Executive Officer and Director of Yellow since 2018. 6 on the Transport Topics Top 100 list of the largest for-hire carriers in North America. So while Times staff members may vote, they are not allowed to endorse or campaign for candidates or political causes. No ones going to notice that. Since the pandemic, Apollo has been lobbying the Trump administration to allow broader access to an emergency Federal Reserve lending program. He brings to the role expertise in operational finance and strategy. 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. 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 D Hawkins is Chief Executive Officer at YRC Worldwide Inc. See Darren D Hawkins's compensation, career history, education, & memberships. 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. According to ATA, if this Build America Fund were to be enacted it would generate $340 billion in approximately 10 years. 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. Go. Based on our data team's research, Darren Hawkins is the YRC Freight's CEO. Amending the federal ban on tolling interstate highways falls under Congress jurisdiction. about ScoopMonkeys Top 100 Best Carriers. (transportation.house.gov). 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. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. about YRC Freight Professional City Driver Russell James Named to Americas Road Team. 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. The impacts of the COVID-19 pandemic are being felt around the world, as we all do our best to stay safe and well. The companys stock price soared 74 percent, though it has come down since. In a lengthy critique of tolls, Hawkins highlighted the cost often associated with collection, the potential for traffic diversion, and instances of unfair subsidization. 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. 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. As of 27 February 2017 he still owns at least 51,357 units of Yellow stock. Darren D. Hawkins. 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. Harris has more than 25 years of extensive LTL industry experience. Most recently he sold 7,500 units of YRCW stock worth $96,075 on 27 February 2017. 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. It was the first company to receive a loan from that fund. about YRC Freight Again Selected as NASSTRACs National LTL Carrier of the Year. 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. 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). 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.. COVID-19 A suspension of all guarantee service failure reimbursements has been issued effective 3/25/2020 Learn More . Executive Summary. He asked Treasury Secretary Steven Mnuchin to help YRC. about Neil Nogues Receives the Professional Excellence Award. Darren D. Hawkins Chief Executive Officer. As the Chief Executive Officer and Director of Yellow, the total compensation of Darren Hawkins at Yellow is $2,118,470. 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. Mr. Hawkins owns over 7,500 units of Yellow stock worth over $262,434 and over the last 9 years he sold YRCW stock worth over $1,181,157. 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.. Recently, prosecutors under the current district attorney, Alvin L. Bragg, appearto have moved closer than everto indicting the former president. 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. The award honors YRC Freights Security is a monthly business magazine for security executives. 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). He is a results-driven leader, a clear and motivating communicator, and a trusted and empowering manager. 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. There are 7 older and 2 younger executives at Yellow. about YRC Freight Named a 2018 Top 100 Trucker by Inbound Logistics Magazine. The oldest executive at Yellow Corporation is William Davidson, 72, who is the Independent Director. Prominent historians and conservation experts explain the architectural relevance of buildings ranging from houses of worship to former colonial outposts and tenements. Prior to being named General Counsel, Dawson served as Assistant General Counsel and Assistant Secretary for Yellow Corporation since 2012. And people around the country have shown that they are willing to pay to get out of congestion., The panels top Republican, Rep. Rodney Davis of Illinois, championed a funding approach that would encompass multiple systems. 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. 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. House Transportation and Infrastructure Committee Chairman Peter DeFazio (D-Ore.), expected to unveil a response to the Senate bill, seemed to share stakeholders frustration at the start of the hearing. To limit disruptions, we encourage you to contact your consignee to make sure they will be there to accept delivery. The employee data is based on information from people who have self-reported their past or current employments at YRC Freight. 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. 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. about South Dakota Trucking Association Awards Wade Wagemann and Rick Hoogendoorn of YRC Freight. 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. 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 VIEW FULL PROFILE. Hawkins has also overseen the companys transformation into a super-regional carrier that will offer enhanced services, LTL network resilience and in-cycle reliability. He holds a Bachelor of Arts degree from Rutgers University and teaches at the Rutgers Business School Department of Supply Chain Management. He is a market-driven collaborative team builder and solutions leader with a proven track record of growing established businesses. The proposal was not picked up by the Republican-led Congress at the time. YRC Worldwide was named YRC Freight was named one of the Top 100 military-friendly employers for 2015. With over 24 years of industry experience and service performance, Bergman brings expertise in both sales and marketing strategies. EASTENDERS star Charlie G Hawkins has quit acting for a new career 12 years after playing tearaway Darren Miller on soap. 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. As Chief Information Officer of Yellow Corporation, Annlea Rumfola oversees all information technology teams, systems, processes and support functions for one of the largest, most comprehensive trucking networks in North America. YRC Worldwide. Coronavirus Concerns for Carriers Hear how one major carrier is dealing with the challenges posed by the coronavirus. The company has said the loan will be used to pay pension and health care costs and to invest in trailers and trucks. Olivier has a bachelors degree in Accounting from Trinity Christian College and began his career in public accounting. Members of a congressional oversight panel want to know how YRC Worldwide won a $700 million loan from the Treasury Department. 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. Darren D. Hawkins serves as Chief Executive Officer, Director of the Company. 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 estimated Net Worth of Darren Hawkins is at least $3.56 Million dollars as of 27 February 2017. In 2019, a group of funds managed by affiliates of Apollo lent YRC $600 million. The YRC loan appears to be an exception. Apollo, which is YRCs biggest creditor, said it was not involved in YRCs decision to seek the Treasury Department loan and noted that it is one of several lenders invested in the company. For the past four years, he most recently served as Chief Executive Officer of Xpress Global Systems. YRC Worldwide, Inc. (YRCW) Q4 2019 Earnings Conference Call February 4, 2020 5:00 PM ETCompany ParticipantsEric Birge - VP, IRDarren Hawkins - CEO & DirectorJames Pierson - CFO,. 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 So, how much is Darren Hawkins worth at the age of 56 years old? 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. about YRC Freight Named by Women in Trucking as 2018 Top Company for Women to Work for in Transportation. Senator Jerry Moran, via video conference, at a hearing on Capitol Hill in May. Who is Darren Hawkins? In this interview, Darren Hawkins discusses questions such as: With the largest, most comprehensive network in North America and local, regional, national and international capabilities, Yellow handles 20 million shipments annually. 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. 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.. 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. Get a rate for your shipment with our simple-to-use quote tool or. 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. YRC Worldwide was named. With over 30 years of industry experience, Hawkins brings extensive expertise in both operations and sales. 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. 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. 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. Last year it posted a net loss of $104 million. Apollo Global Management, which Josh Harris helped found, said it was not involved in YRCs decision to seek the loan. As a subscriber, you have 10 gift articles to give each month. Learn about what the company is seeing in the market, how they uniquely serve the industry, and their plans for the future. Overland Park KS 66211, United States. 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 the Chief Executive Officer at Yellow Corporation since 2012 Counsel, dawson served as Assistant Counsel... In-Cycle reliability Accounting from Trinity Christian College and began his career in Accounting! The company is seeing in the market, how they uniquely serve the industry safety. Be enacted it would generate $ 340 billion in approximately 10 years enterprises listed. Regarding the pay practices for certain executives are 7 older and 2 younger executives at Yellow is 2,118,470... 12 years after playing tearaway Darren Miller on soap 2018 ( GLOBE NEWSWIRE ) ( NASDAQ: YRCW.... 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