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. With over 30 years of industry experience, Hawkins brings extensive expertise in both operations and sales. As Chief Executive Officer at YELLOW CORP, Darren D. Hawkins made $2,076,468 in total compensation. Prominent historians and conservation experts explain the architectural relevance of buildings ranging from houses of worship to former colonial outposts and tenements. 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. Lets come together during this unprecedented health crisis and take care of each other and our communities. We will continue to monitor the COVID-19 situation closely and adjust accordingly. North to south and east to west, if youre shipping freight in North America, youre on our route. 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. 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. Some members of the commission also want to look into whether YRCs relationship with Apollo influenced the approval of the loan, according to a person familiar with the matter. 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. 430 First Street, SE, Suite 100 We take this responsibility seriously and are focused each day on safely delivering uninterrupted service for our customers. The inquiry one of two casesinherited in November by the special counsel, Jack Smith could be completed by spring or early summer. 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. about YRC Freight Named a 2019 Top 100 Trucker by Inbound Logistics Magazine. about GI Jobs Magazine Military Friendly Employers. A Defense Department spokesman referred questions to the Treasury Department when asked why YRC was critical to the countrys security. 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. [Stay on top of transportation news: Get TTNews in your inbox.]. Congress has not raised the 24.4 cents-per-gallon diesel tax and 18.4 cents-per-gallon gas tax since 1993. With our national LTL network and 344 locations, we are ready to meet the ever-evolving needs this medical crisis continues to present. No decision has been made about moving the inquiry in that direction. Learn about what the company is seeing in the market, how they uniquely serve the industry, and their plans for the future. 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. YRC Worldwide. Washington, DC 20003, ATA Capitol Hill Office 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. ATA Headquarters Yellow Corp annual reports of executive compensation and pay are most commonly found in the Def 14a documents. 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 the Chief Executive Officer and Director of Yellow, the total compensation of Darren Hawkins at Yellow is $2,118,470. 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 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. 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. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Just tell us when and wheresimple as that. Mr. Mnuchin controlled the$17 billion pot of money from which YRCsloan was drawn. Sean attended University of Kansas between 2011 and 2015 and Shawnee Mission West High School between 2009 and 2011. Hawkins was appointed by ATRI Chairman Judy McReynolds, president and CEO of ArcBest Corporation at ATRI's January board meeting. 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. 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. 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. 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. 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 YRC loan appears to be an exception. Classified documents. Analysts attributed its financial malaise to a long period of mismanagement and neglect of its fleet of trucks. He is from . Also, Dawson is Corporate Secretary to the Yellow Corporation Board of Directors. All proxy statements are public filings made available to the general public by the SEC. 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 company began shedding workers, delayed payments to health funds for its union workers and, in late April, applied to the federal government for financial assistance. Members of a congressional oversight panel want to know how YRC Worldwide won a $700 million loan from the Treasury Department. 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. 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. As of the end of March it had $880 million in outstanding debt. All rights reserved. In 2020, Dawson was instrumental in helping Yellow Corporation secure its $700 million CARES Act loan. She graduated from The University of Kansas School of Law with a Juris Doctor degree and Tax Certificate. With the largest, most comprehensive network in North America and local, regional, national and international capabilities, Yellow handles 20 million shipments annually. 80 M Street SE Suite 800 For the past four years, he most recently served as Chief Executive Officer of Xpress Global Systems. 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. 6 on the Transport Topics Top 100 list of the largest for-hire carriers in North America. 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. You can see the complete history of Mr. Hawkins stock trades at the bottom of the page. To limit disruptions, we encourage you to contact your consignee to make sure they will be there to accept delivery. Thorough reviews have been conducted to assure this data accurately reflects disclosures. about YRC Freight Named a 2018 Top 100 Trucker by Inbound Logistics Magazine. Hawkins holds a Bachelor of Business Administration in marketing and supply chain management from the University of Memphis. Hear the latest economic, business and market news, as well as global, national, and local news. He is a results-driven leader, a clear and motivating communicator, and a trusted and empowering manager. 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 is 50, he's been the Chief Executive Officer and Director of Yellow since 2018. The Treasury Department submits all applications that do not meet those criteria to the Defense Department for review. Hawkins worked at Yellow Freight from 1991 to 2009 and Con-way Freight from 2009 to 2012 before returning to YRC Freight in 2013. Senator Jerry Moran, via video conference, at a hearing on Capitol Hill in May. TranzAct has been offering supply chain solutions since 1984, and can use our technology, knowledge, and network for you.Get in touch at solutions@tranzact.com 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. 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. about YRC Worldwide Recognizes Environmental Excellence. Recently, prosecutors under the current district attorney. 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. Despite a persistent call-to-action from nearly every aspect of the freight community, transportation leaders have not demonstrated a sense of urgency. Darren's mailing address filed with the SEC is 10990 ROE AVENUE, , OVERLAND PARK, KS, 66211. The oldest executive at Yellow Corporation is William Davidson, 72, who is the Independent Director. Overland Park KS 66211, United States. 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 loan has come under scrutiny from the Congressional Oversight Commission, a bipartisan panel created by Congress to police stimulus funds. about YRC Freight Named by Women in Trucking as 2018 Top Company for Women to Work for in Transportation. Here is a look at the criminal cases confronting Mr. Trump: Georgia election interference. YRC Freight The Original LTL Carrier Since 1924, YRC Freight Rules & Conditions (Tariff 100). 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. 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 Professional Drivers Head to 2019 National Truck Driving Championships. 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