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 panel, which was created as part of the legislation that was signed in March to oversee distribution of $2.2 trillion in federal virus relief, said it found the agreement questionable and predicted that the government could end up losing money on the deal given the companys precarious financial position. 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. Overland Park KS 66211, United States. Yellow recently onboarded the largest number of new trucks in its history with advanced safety and emissions . 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. Their crisis is not a product of Covid, Mr. Mehrotra said. The company lost over $100 million in 2019. Hear the latest economic, business and market news, as well as global, national, and local news. We take this responsibility seriously and are focused each day on safely delivering uninterrupted service for our customers. 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. [Stay on top of transportation news: Get TTNews in your inbox.]. 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. All proxy statements are public filings made available to the general public by the SEC. Hawkins has also overseen the companys transformation into a super-regional carrier that will offer enhanced services, LTL network resilience and in-cycle reliability. 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 . He is a market-driven collaborative team builder and solutions leader with a proven track record of growing established businesses. Hawkins holds a Bachelor of Business Administration in marketing and supply chain management from the University of Memphis. 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. searched Mar-a-Lago, has been complicatedby the discovery that President Bidenand former Vice President Mike Pencealso had classified files in their possession. As a subscriber, you have 10 gift articles to give each month. ATA Headquarters The Investor Relations website contains information about Yellow Corporation's business for stockholders, potential investors, and financial analysts. Washington, DC 20003, ATA Capitol Hill Office Recently, prosecutors under the current district attorney, Alvin L. Bragg, appearto have moved closer than everto indicting the former president. 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. The inquiry one of two casesinherited in November by the special counsel, Jack Smith could be completed by spring or early summer. All rights reserved. YRC Worldwide, based in Overland Park, Kan., ranks No. The oldest executive at Yellow Corporation is WilliamDavidson, 72, who is the Independent Director. The employee data is based on information from people who have self-reported their past or current employments at YRC Freight. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Amending the federal ban on tolling interstate highways falls under Congress jurisdiction. 80 M Street SE Suite 800 Yellow Corp income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. The award honors YRC Freights Security is a monthly business magazine for security executives. The estimated Net Worth of Darren Hawkins is at least $3.56 Million dollars as of 27 February 2017. Congress has not raised the 24.4 cents-per-gallon diesel tax and 18.4 cents-per-gallon gas tax since 1993. You can see the complete history of Mr. Hawkins stock trades at the bottom of the page. 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. So, how much is Darren Hawkins worth at the age of 56 years old? 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 -. about YRC Freight Professional City Driver Byron Bramwell Achieves 3-Million-Mile Safety Milestone. However, a spokeswoman acknowledged that it was advised of the government loan and made changes to its own loan terms with YRC to accommodate it. 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. North to south and east to west, if youre shipping freight in North America, youre on our route. Mr. Mnuchin controlled the$17 billion pot of money from which YRCsloan was drawn. Mike Kelley, a YRC spokesman, declined to comment. He holds a Bachelor of Arts degree from Rutgers University and teaches at the Rutgers Business School Department of Supply Chain Management. Will YRC live to fight another day? Mr. Ross wrote in a note to clients in May. 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. 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 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. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Olivier has a bachelors degree in Accounting from Trinity Christian College and began his career in public accounting. As Chief Executive Officer at Yellow Corp, Darren D. Hawkins made $2,118,469 in total compensation. 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. 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. about Neil Nogues Receives the Professional Excellence Award. 6 on the Transport Topics Top 100 list of the largest for-hire carriers in North America. It was the first company to receive a loan from that fund. 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. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. Yellow Corp annual reports of executive compensation and pay are most commonly found in the Def 14a documents. 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. Yellow recently onboarded the largest number of new trucks in its history with advanced safety and emissions . Overturning the election. 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 relationship between Apollo and the White House runs deep. YRC Freight has 19,000 employees, of which 5 are in a leadership position. . 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. about YRC Worldwide Recognizes Environmental Excellence. Darren D Hawkins is Chief Executive Officer at YRC Worldwide Inc. See Darren D Hawkins's compensation, career history, education, & memberships. "We look forward to having Darren serve on the ATRI Board," said McReynolds. The case, which took a dramatic turn when the F.B.I. 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. Executive Vice President, General Counsel and Secretary, Senior Vice President, Treasury and Investor Relations. Learn about what the company is seeing in the market, how they uniquely serve the industry, and their plans for the future. Washington, DC 20003, Agricultural and Food Transporters Conference. 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. How Times reporters cover politics. 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.. 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. Charli 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. YRC Worldwide was named YRC Freight was named one of the Top 100 military-friendly employers for 2015. 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. All rights reserved. He is currently vice chair of the American Trucking Associations and serves as a Board member of the American Transportation Research Institute. We value your business and will continue doing our best to serve in this challenging climate. The YRC loan appears to be an exception. Chief Executive Officer. Hawkins has also overseen the companys transformation into a super-regional carrier that will offer enhanced services, LTL network resilience and in-cycle reliability. That company, YRC Worldwide, had lost more than $100 million in 2019 and was being sued by the Justice Department over claims it defrauded the federal government for a seven-year period. He is currently vice chair of the American Trucking Associations and serves as a Board member of the American Transportation Research Institute. The Treasury Department submits all applications that do not meet those criteria to the Defense Department for review. COVID-19 A suspension of all guarantee service failure reimbursements has been issued effective 3/25/2020 Learn More . The American Society of Civil Engineers, a supporter of a federal fuel tax increase, issued a D+ grade for the countrys infrastructure in 2017. Hawkins has also overseen the companys transformation into a super-regional carrier that will offer enhanced services, LTL network resilience and in-cycle reliability. Prior to being named General Counsel, Dawson served as Assistant General Counsel and Assistant Secretary for Yellow Corporation since 2012. WASHINGTON As policymakers evaluate viable long-term approaches to fund the countrys transportation network, a trucking industry executive warned against relying on tolling. Real-time shipment status for your delivered and undelivered shipments. The headquarters of YRC Worldwide in Overland Park, Kan. 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 . The Treasury Department declined to explain why it determined that YRC was worthy of a loan. about YRC Freight Named by Women in Trucking as 2018 Top Company for Women to Work for in Transportation. 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. Hush money. Darren Hawkins - CEO Jamie Pierson - CFO Conference Call Participants Operator Good afternoon, and welcome to YRC Worldwide's First Quarter 2020 Earnings Call. 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 . We rely on our journalists to be independent observers. Rumfola earned her bachelors degree in productions and operations management science from State University of New York at Geneseo. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Hawkins worked at Yellow Freight from 1991 to 2009 and Con-way Freight from 2009 to 2012 before returning to YRC Freight in 2013. Coronavirus Concerns for Carriers Hear how one major carrier is dealing with the challenges posed by the coronavirus. about YRC Worldwide Recognized by Women in Trucking as a 2019 Top Company for Women to Work for in Transportation. 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. 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. 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. The impacts of the COVID-19 pandemic are being felt around the world, as we all do our best to stay safe and well. 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. 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. He brings to the role expertise in operational finance and strategy. Dawson has a Bachelor of Science degree in Business Administration with a Spanish Concentration from The University of Kansas. In normal times when you have a recession, companies that arent the best companies go away.. Intensifying investigations. 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 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). Its top 500 enterprises are listed by the quality of their security programs. A struggling trucking company in his state was on the brink of collapse and needed government support. 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. 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. 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. 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. 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. The inquiry , The special counsel is also investigating Mr. Trumps. YRCs relationship with the government has not always been cozy. 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). The CEO of Yellow Corp., the trucking company formerly known as YRC Worldwide, told FOX Business Friday . 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