Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. The CEO of Yellow Corp., the trucking company formerly known as YRC Worldwide, told FOX Business Friday . He is a results-driven leader, a clear and motivating communicator, and a trusted and empowering manager. Its top 500 enterprises are listed by the quality of their security programs. about YRC Worldwide Recognizes Environmental Excellence. 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. 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. We remain dedicated to getting your essential freight to market. As the Chief Executive Officer and Director of Yellow, the total compensation of Darren Hawkins at Yellow is $2,118,470. Recently, prosecutors under the current district attorney, Alvin L. Bragg, appearto have moved closer than everto indicting the former president. 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. Over the years, she has provided support for Cardinal Health businesses units that include Pharmaceutical, Pharmaceutical Distribution, Nuclear Pharmacy Services, and Enterprise Customer and Sales functions. He is from . 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. 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. Members of a congressional oversight panel want to know how YRC Worldwide won a $700 million loan from the Treasury Department. A special grand jury in Georgia recently concludedits investigation into whether Mr. Trump and his allies criminally interfered with the 2020 election. 80 M Street SE Suite 800 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. about YRC Freight Named by Women in Trucking as 2018 Top Company for Women to Work for in Transportation. He has written many articles in this field. 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. 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. All proxy statements are public filings made available to the general public by the SEC. 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. But six weeks after the hearing, YRC received a bailout from the Treasury Department a $700 million loan in exchange for a 30 percent stake in the business. 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. TranzAct has been offering supply chain solutions since 1984, and can use our technology, knowledge, and network for you.Get in touch at [email protected] 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. 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. Hush money. There are no executives at Yellow getting paid more. As a freight and logistics provider, we are the lifeblood of North Americas supply chain keeping essential freight and medical supplies moving. 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. YRC Freight The Original LTL Carrier Since 1924, YRC Freight Rules & Conditions (Tariff 100). 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. Hawkins received his bachelor's degree from the University of Utah.He has an M.A. 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 . No decision has been made about moving the inquiry in that direction. Galen Mayes works at YRC Freight and a CDO Coordinator at YRC Freight and is based in Lewisville, Texas. With over 30 years of industry experience, Hawkins brings extensive expertise in both operations and sales. There are 7 older and 2 younger executives at Yellow. 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. 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. WASHINGTON As policymakers evaluate viable long-term approaches to fund the countrys transportation network, a trucking industry executive warned against relying on tolling. 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. The information shown here is a reporting of information included in the company's proxy statement. Hear the latest economic, business and market news, as well as global, national, and local news. None of the information on this page has been provided or approved by YRC Freight. 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. Mike Kelley, a YRC spokesman, declined to comment. 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 WASHINGTON At a virtual congressional hearing in May, Senator Jerry Moran, Republican of Kansas, asked Treasury Secretary Steven Mnuchin for help. 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. Just tell us when and wheresimple as that. The award honors YRC Freights Security is a monthly business magazine for security executives. He asked Treasury Secretary Steven Mnuchin to help YRC. So while Times staff members may vote, they are not allowed to endorse or campaign for candidates or political causes. Work At YRC Freight? 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. 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. 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." Anyone can read what you share. Over the last 17 years, insiders at Yellow have traded over $310,648,762 worth of Yellow stock and bought 10,551,499 units worth $172,776,365 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. 430 First Street, SE, Suite 100 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. 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. Based on our data team's research, Darren Hawkins is the YRC Freight's CEO. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. about ScoopMonkeys Top 100 Best Carriers. 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. 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. Yellow recently onboarded the largest number of new trucks in its history with advanced safety and emissions . 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). 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. 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. As of the end of March it had $880 million in outstanding debt. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 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 a lengthy critique of tolls, Hawkins highlighted the cost often associated with collection, the potential for traffic diversion, and instances of unfair subsidization. The special counsel is also investigating Mr. Trumps handling of sensitive government documentsafter he left office. Have a shipment ready for pick up? ATA Headquarters Recently, prosecutors under the current district attorney. The estimated Net Worth of Darren Hawkins is at least $3.56 Million dollars as of 27 February 2017. The oldest executive at Yellow Corporation is William Davidson, 72, who is the Independent Director. To government watchdog groups that have been tracking the Trump administrations economic relief effort, the real question is whether a company such as YRC should live on. YRC Worldwide was named. The case, which took a dramatic turn when the F.B.I. Harris has more than 25 years of extensive LTL industry experience. /PRNewswire-USNewswire/ -- YRC Worldwide President and Chief Operating Officer Darren D. Hawkins has been appointed to the Board of Directors of the American. 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. His net worth has been growing significantly in 2021-2022. The Investor Relations website contains information about Yellow Corporation's business for stockholders, potential investors, and financial analysts. As the pandemic shuttered large swaths of the U.S. economy this spring, freight volumes at YRC fell sharply. For its 2021 fiscal year, Yellow Corp, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Hawkins holds a Bachelor of Business Administration in marketing and supply chain management from the University of Memphis. We couldnt do this without them and are proud of their hard work, sacrifices, and dedication to showing up when our customers and our communities need them most. Last year it posted a net loss of $104 million. Darren Hawkins is 50, he's been the Chief Executive Officer and Director of Yellow since 2018. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. All rights reserved. Darren Hawkins - CEO Jamie Pierson - CFO Conference Call Participants Operator Good afternoon, and welcome to YRC Worldwide's First Quarter 2020 Earnings Call. 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. Chief Executive Officer. 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. YRC Worldwide, based in Overland Park, Kan., ranks No. 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 most active insiders traders include Creek Asset Management, L.P, Fund Limited Partnership Ii, and Bank Of Scotland Group Plc . 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. You can see the complete history of Mr. Hawkins stock trades at the bottom of the page. about South Dakota Trucking Association Awards Wade Wagemann and Rick Hoogendoorn of YRC Freight. YRC Freight has 19,000 employees, of which 5 are in a leadership position. So while Times staff members may vote, they are not allowed to endorse or campaign for candidates or political causes. The oldest executive at Yellow Corporation is WilliamDavidson, 72, who is the Independent Director. 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. Hawkins has also overseen the companys transformation into a super-regional carrier that will offer enhanced services, LTL network resilience and in-cycle reliability. 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. The company has said the loan will be used to pay pension and health care costs and to invest in trailers and trucks. The inquiry one of two casesinherited in November by the special counsel, Jack Smith could be completed by spring or early summer. In this interview, Darren Hawkins discusses questions such as: The companys stock price soared 74 percent, though it has come down since. 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. about Inbound Logistics 2016 Top 100 Trucker. The Treasury Department declined to explain why it determined that YRC was worthy of a loan. 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. Washington, DC 20003, ATA Capitol Hill Office Yellow Corp CEO Darren Hawkins credits a 'pandemic consumer' shift from services to goods. 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. Sean Jones is a CDO Coordinator at YRC Freight and is based in Leawood, Kansas. 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. On average, Yellow executives and independent directors trade stock every 43 days with the average trade being worth of $9,444,190. 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. Thorough reviews have been conducted to assure this data accurately reflects disclosures. To limit disruptions, we encourage you to contact your consignee to make sure they will be there to accept delivery. about YRC Freight Professional City Driver Russell James Named to Americas Road Team. searched Mar-a-Lago, has been complicatedby the discovery that President Bidenand former Vice President Mike Pencealso had classified files in their possession. Who is Darren Hawkins? 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. North to south and east to west, if youre shipping freight in North America, youre on our route. YRC's market cap is. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. In normal times when you have a recession, companies that arent the best companies go away.. 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. 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. Hawkins holds a Bachelor of Business Administration in marketing and supply chain management from the University of Memphis. 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. (transportation.house.gov). Keep up with company developments or catch our latest industry, safety and customer service highlights. The loan has come under scrutiny from the Congressional Oversight Commission, a bipartisan panel created by Congress to police stimulus funds. Based on our data team's research, Darren Hawkins is the YRC Freight's CEO. All rights reserved. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. There are 7 older and 2 younger executives at Yellow. YRC has financial backing from Apollo Global Management, a private equity firm with close ties to Trump administration officials. 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. 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. 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. 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.. 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 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. 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. YRC attributes the complaint to an old contractual dispute and says it has a motion for dismissal pending. 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. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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. 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. He is currently vice chair of the American Trucking Associations and serves as a Board member of the American Transportation Research Institute. 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 -. According to ATA, if this Build America Fund were to be enacted it would generate $340 billion in approximately 10 years. (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. 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. 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. 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. Rumfola earned her bachelors degree in productions and operations management science from State University of New York at Geneseo. In addition, he makes $2,118,470 as Chief Executive Officer and Director at Yellow. He holds a Bachelor of Arts degree from Rutgers University and teaches at the Rutgers Business School Department of Supply Chain Management. Also, Dawson is Corporate Secretary to the Yellow Corporation Board of Directors. In 2019, a group of funds managed by affiliates of Apollo lent YRC $600 million. 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