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. The impacts of the COVID-19 pandemic are being felt around the world, as we all do our best to stay safe and well. Executive Vice President, General Counsel and Secretary, Senior Vice President, Treasury and Investor Relations. Harrell Founder H Haitz Tim Sr. Vice President Sales and Marketing G Galen Mayes CDO Coordinator 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. 430 First Street, SE, Suite 100 Executive Summary. Also, Dawson is Corporate Secretary to the Yellow Corporation Board of Directors. 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. Read more GI Jobs Magazine Military Friendly Employers Prosecutors said YRC inflated the weights of thousands of shipments, billing the government based on those false numbers in what was described as an affront to American taxpayers.. 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. With over 30 years of industry experience, Hawkins brings extensive expertise in both operations and sales. Coronavirus Tips Working and Protection. 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. 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. We have estimated Darren Hawkins's net worth , money, salary, income, and assets. Based on our data team's research, Darren Hawkins is the YRC Freight's CEO. Hawkins was appointed by ATRI Chairman Judy McReynolds, president and CEO of ArcBest Corporation at ATRI's January board meeting. Mike Kelley, a YRC spokesman, declined to comment. As the Chief Executive Officer and Director of Yellow, the total compensation of Darren Hawkins at Yellow is $2,118,470. 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. 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 At a virtual congressional hearing in May, Senator Jerry Moran, Republican of Kansas, asked Treasury Secretary Steven Mnuchin for help. Coronavirus Concerns for Carriers Hear how one major carrier is dealing with the challenges posed by the coronavirus. Charli Despite a persistent call-to-action from nearly every aspect of the freight community, transportation leaders have not demonstrated a sense of urgency. 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. The oldest executive at Yellow Corporation is WilliamDavidson, 72, who is the Independent Director. So while Times staff members may vote, they are not allowed to endorse or campaign for candidates or political causes. For its 2021 fiscal year, Yellow Corp, listed the following CEO pay ratio data on its annual proxy statement to the SEC. He is currently vice chair of the American Trucking Associations and serves as a Board member of the American Transportation Research Institute. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). Thorough reviews have been conducted to assure this data accurately reflects disclosures. YRC Worldwide was named YRC Freight was named one of the Top 100 military-friendly employers for 2015. The inquiry into Mr. Trumps role in paying hush money to the porn actress Stormy Daniels during his 2016 campaign has spanned five years, two Manhattan district attorneys and multiple grand juries. During her tenure, she has advised on and overseen vital aspects of Yellow Corporations legal strategy in areas such as corporate, securities, finance, governance, executive compensation, employee benefits, tax and real estate and has been an integral part of many pivotal company transactions. That same year, Apollo lent $184 million to Mr. Kushners family real estate firm, Kushner Companies, to refinance the mortgage on a Chicago skyscraper. 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. Keep up with company developments or catch our latest industry, safety and customer service highlights. She holds an MBA from Ashland University. 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. Darren Hawkins is 50, he's been the Chief Executive Officer and Director of Yellow since 2018. 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 inquiry , The special counsel is also investigating Mr. Trumps. 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.. 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). Since the pandemic, Apollo has been lobbying the Trump administration to allow broader access to an emergency Federal Reserve lending program. If you have any questions, please contact your YRCW account representative. 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. No decision has been made about moving the inquiry in that direction. The inquiry into Mr. Trumps role in paying hush money to the porn actress Stormy Daniels during his 2016 campaign has spanned five years, two Manhattan district attorneys and multiple grand juries. Treasury said that it had relied on a certification by the Secretary of Defense that Yellow was "critical to maintaining national We cant figure out how were going to pay for this, said DeFazio. Members of a congressional oversight panel want to know how YRC Worldwide won a $700 million loan from the Treasury Department. As a subscriber, you have 10 gift articles to give each month. YRCs relationship with the government has not always been cozy. One of the companies is still active while the remaining three are now listed as inactive. He is from . 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. 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. and a Ph.D. in political science, both from . The companies were formed over a forty-three year period with the most recent being incorporated eleven months ago in January of 2022. 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. 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. With our national LTL network and 344 locations, we are ready to meet the ever-evolving needs this medical crisis continues to present. 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. 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. 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. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Get a rate for your shipment with our simple-to-use quote tool or. 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. (transportation.house.gov). 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. We rely on our journalists to be independent observers. 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. The American Society of Civil Engineers, a supporter of a federal fuel tax increase, issued a D+ grade for the countrys infrastructure in 2017. The proposal was not picked up by the Republican-led Congress at the time. The CEO of Yellow Corp., the trucking company formerly known as YRC Worldwide, told FOX Business Friday . Senator Jerry Moran, via video conference, at a hearing on Capitol Hill in May. Prominent historians and conservation experts explain the architectural relevance of buildings ranging from houses of worship to former colonial outposts and tenements. 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. 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. All participants will be in a. Anyone can read what you share. So while Times staff members may vote, they are not allowed to endorse or campaign for candidates or political causes. 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