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. 80 M Street SE Suite 800 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. (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. 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. What Now for a Fed That Has Fallen Behind theCurve Again? 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. 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,. Mr. Mnuchin controlled the$17 billion pot of money from which YRCsloan was drawn. 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. WASHINGTON As policymakers evaluate viable long-term approaches to fund the countrys transportation network, a trucking industry executive warned against relying on tolling. There are no executives at Yellow getting paid more. EASTENDERS star Charlie G Hawkins has quit acting for a new career 12 years after playing tearaway Darren Miller on soap. She graduated from The University of Kansas School of Law with a Juris Doctor degree and Tax Certificate. Prominent historians and conservation experts explain the architectural relevance of buildings ranging from houses of worship to former colonial outposts and tenements. How Times reporters cover politics. 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. YRC Worldwide. As the pandemic shuttered large swaths of the U.S. economy this spring, freight volumes at YRC fell sharply. Congress has not raised the 24.4 cents-per-gallon diesel tax and 18.4 cents-per-gallon gas tax since 1993. There are 7 older and 2 younger executives at Yellow. about Neil Nogues Receives the Professional Excellence Award. He brings to the role expertise in operational finance and strategy. Yellow recently onboarded the largest number of new trucks in its history with advanced safety and emissions . 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. In addition, he makes $2,118,470 as Chief Executive Officer and Director at Yellow. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. 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. 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. Lets come together during this unprecedented health crisis and take care of each other and our communities. 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. 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 . 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. (transportation.house.gov). As of 27 February 2017 he still owns at least 51,357 units of Yellow stock. No decision has been made about moving the inquiry in that direction. Darren D. Hawkins serves as Chief Executive Officer, Director of the Company. Their crisis is not a product of Covid, Mr. Mehrotra said. Based on our data team's research, Darren Hawkins is the YRC Freight's CEO. The inquiry one of two casesinherited in November by the special counsel, Jack Smith could be completed by spring or early summer. All proxy statements are public filings made available to the general public by the SEC. For its 2021 fiscal year, Yellow Corp, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Members of a congressional oversight panel want to know how YRC Worldwide won a $700 million loan from the Treasury Department. YRC Freight The Original LTL Carrier Since 1924, YRC Freight Rules & Conditions (Tariff 100). Darren Hawkins is 50, he's been the Chief Executive Officer and Director of Yellow since 2018. about ScoopMonkeys Top 100 Best Carriers. about YRC Worldwide Professional Drivers Head to 2019 National Truck Driving Championships. Sean Jones is a CDO Coordinator at YRC Freight and is based in Leawood, Kansas. 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. 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,. 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. Mike Kelley, a YRC spokesman, declined to comment. 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. Apollo Global Management, which Josh Harris helped found, said it was not involved in YRCs decision to seek the loan. YRC Freight has 19,000 employees, of which 5 are in a leadership position. ATA Headquarters 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. Darren Hawkins has been associated with four companies, according to public records. 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. 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.. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. 2023 Yellow Corporation. Darren Hawkins's income source is mostly from being a successful . With over 24 years of industry experience and service performance, Bergman brings expertise in both sales and marketing strategies. 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. 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. 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). about YRC Worldwide Recognized by Women in Trucking as a 2019 Top Company for Women to Work for in Transportation. 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. According to ATA, if this Build America Fund were to be enacted it would generate $340 billion in approximately 10 years. The case, which took a dramatic turn when the F.B.I. In this interview, Darren Hawkins discusses questions such as: 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. As Chief Executive Officer at YELLOW CORP, Darren D. Hawkins made $2,076,468 in total compensation. 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. There are 7 older and 2 younger executives at Yellow. We take this responsibility seriously and are focused each day on safely delivering uninterrupted service for our customers. As a subscriber, you have 10 gift articles to give each month. Hawkins has also overseen the companys transformation into a super-regional carrier that will offer enhanced services, LTL network resilience and in-cycle reliability. Yellow Corp income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Hawkins holds a Bachelor of Business Administration in marketing and supply chain management from the University of Memphis. Harrell Founder H Haitz Tim Sr. Vice President Sales and Marketing G Galen Mayes CDO Coordinator 80 M Street SE, Suite 800, Washington, D.C., 20003, YRC President Darren Hawkins testifies before House panel Sept. 11. A July report from the Congressional Oversight Commission raised questions about the decision to grant the loan, asking why delivering food to bases was vital for national security and why the Treasury Department appeared to seek special signoff from the Defense Department to ensure that YRC was considered eligible. VIEW FULL PROFILE. 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. 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. Chief Executive Officer. 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. 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. One of the companies is still active while the remaining three are now listed as inactive. 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. 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. Hear the latest economic, business and market news, as well as global, national, and local news. 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. Diesel tax and 18.4 cents-per-gallon gas tax since 1993 statements are public filings available! Worldwide Recognized by Women in trucking as a subscriber, you have 10 gift articles to give month! 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