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. 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 CEO of Yellow Corp., the trucking company formerly known as YRC Worldwide, told FOX Business Friday . As Chief Executive Officer at YELLOW CORP, Darren D. Hawkins made $2,076,468 in total compensation. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. 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. 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. 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. Additionally, ATA has proposed adopting a 20-cents-per-gallon fee on motor fuels collected at the wholesale rack and phased in over four years at 5 cents per year. about YRC Worldwide Recognizes Environmental Excellence. about YRC Worldwide Professional Drivers Head to 2019 National Truck Driving Championships. 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 YRC loan appears to be an exception. 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. 2023 Yellow Corporation. We cant figure out how were going to pay for this, said DeFazio. He is from . YRC Worldwide was named YRC Freight was named one of the Top 100 military-friendly employers for 2015. The company lost over $100 million in 2019. 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. YRC Freight has 19,000 employees, of which 5 are in a leadership position. 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. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Its top 500 enterprises are listed by the quality of their security programs. The inquiry one of two casesinherited in November by the special counsel, Jack Smith could be completed by spring or early summer. Executive Vice President, General Counsel and Secretary, Senior Vice President, Treasury and Investor Relations. On average, Darren trades about 2,373 units every 33 days since 2014. about Commercial Carrier Journals Top 250 Carriers. All rights reserved. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. We take this responsibility seriously and are focused each day on safely delivering uninterrupted service for our customers. 80 M Street SE Suite 800 A Defense Department spokesman referred questions to the Treasury Department when asked why YRC was critical to the countrys security. The oldest executive at Yellow Corporation is WilliamDavidson, 72, who is the Independent Director. YRC's market cap is. Hawkins received his bachelor's degree from the University of Utah.He has an M.A. ATA Headquarters Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. 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. 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If you have any questions, please contact your YRCW account representative. The employee data is based on information from people who have self-reported their past or current employments at YRC Freight. With over 30 years of industry experience, Hawkins brings extensive expertise in both operations and sales. Darren Hawkins is 50, he's been the Chief Executive Officer and Director of Yellow since 2018. She holds an MBA from Ashland University. Around here were paralyzed. 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. Darren has made over 10 trades of the Yellow stock since 2014, according to the Form 4 filled with the SEC. Executive Summary. The largest trade he's ever made was selling 18,896 units of Yellow stock on 2 August 2016 worth over $219,005. 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. All proxy statements are public filings made available to the general public by the SEC. He holds a Bachelor of Arts degree from Rutgers University and teaches at the Rutgers Business School Department of Supply Chain Management. 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. This is an OVERLAND PARK, Kan.,Nov. 13, 2018(GLOBE NEWSWIRE) (NASDAQ: YRCW). WASHINGTON As policymakers evaluate viable long-term approaches to fund the countrys transportation network, a trucking industry executive warned against relying on tolling. Harrell Founder H Haitz Tim Sr. Vice President Sales and Marketing G Galen Mayes CDO Coordinator Galen Mayes works at YRC Freight and a CDO Coordinator at YRC Freight and is based in Lewisville, Texas. Work At YRC Freight? about Security 500 1st in Logistics Industry. 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. Thorough reviews have been conducted to assure this data accurately reflects disclosures. 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. 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 currently vice chair of the American Trucking Associations and serves as a Board member of the American Transportation Research Institute. Coronavirus Concerns for Carriers Hear how one major carrier is dealing with the challenges posed by the coronavirus. 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. 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. For the past four years, he most recently served as Chief Executive Officer of Xpress Global Systems. YRC Freight The Original LTL Carrier Since 1924, YRC Freight Rules & Conditions (Tariff 100). YRC Worldwide, based in Overland Park, Kan., ranks No. No decision has been made about moving the inquiry in that direction. Mr. Mnuchin controlled the$17 billion pot of money from which YRCsloan was drawn. 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. 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. With over 24 years of industry experience and service performance, Bergman brings expertise in both sales and marketing strategies. about Inbound Logistics 2016 Top 100 Trucker. In April, President Trump tapped YRC's chief executive, Darren Hawkins, to serve on a coronavirus economic task force and in January, he nominated the company's former chief executive,. Yellow Corp CEO Darren Hawkins credits a 'pandemic consumer' shift from services to goods. 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 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. 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. Members of a congressional oversight panel want to know how YRC Worldwide won a $700 million loan from the Treasury Department. 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. Get a rate for your shipment with our simple-to-use quote tool or. Darren Hawkins - CEO Jamie Pierson - CFO Conference Call Participants Operator Good afternoon, and welcome to YRC Worldwide's First Quarter 2020 Earnings Call. With over 30 years of industry experience, Hawkins brings extensive expertise in both operations and sales. 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. 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. There are no executives at Yellow getting paid more. 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. We will continue to monitor the COVID-19 situation closely and adjust accordingly. Her 30-year career at Cardinal Health included numerous leadership positions with increasing responsibilities on the tech side. This report is not for commercial use. We value your business and will continue doing our best to serve in this challenging climate. 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,. 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. 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). . 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. 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. Learn about what the company is seeing in the market, how they uniquely serve the industry, and their plans for the future. about YRC Freight Named a 2019 Top 100 Trucker by Inbound Logistics Magazine. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. In 2020, Dawson was instrumental in helping Yellow Corporation secure its $700 million CARES Act loan. The proposal was not picked up by the Republican-led Congress at the time. searched Mar-a-Lago, has been complicatedby the discovery that President Bidenand former Vice President Mike Pencealso had classified files in their possession. The most active insiders traders include Creek Asset Management, L.P, Fund Limited Partnership Ii, and Bank Of Scotland Group Plc . That is especially pertinent when difficult choices are being made about extending unemployment insurance and funding schools with personal protective equipment. He is dedicated to adding the technology of Yellow Logistics to the combined power of Yellows network to provide significant market leverage and bring our customers new service opportunities. about YRC Worldwide Recognized by Women in Trucking as a 2019 Top Company for Women to Work for in Transportation. Treasury said that it had relied on a certification by the Secretary of Defense that Yellow was "critical to maintaining national 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. Just tell us when and wheresimple as that. Congress has not raised the 24.4 cents-per-gallon diesel tax and 18.4 cents-per-gallon gas tax since 1993. Washington, DC 20003, ATA Capitol Hill Office Prominent historians and conservation experts explain the architectural relevance of buildings ranging from houses of worship to former colonial outposts and tenements. 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. Its top 500 enterprises are listed by the quality of their security programs. 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 -. School Department of Supply Chain Management, Jack Smith could be completed by spring or summer! 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