Darren Hawkins

Wednesday, 09 August 2023

Latest News for: darren hawkins

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US trucking firm Yellow files for bankruptcy

Fresh Plaza 09 Aug 2023

Teamsters leadership "was able to halt our business plan, literally driving our company out of business," said Yellow CEO Darren Hawkins. However, the International Brotherhood of Teamsters blamed Yellow executives for the company's demise ... Source ... ....

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Hundreds of Minnesotans out of a job after Yellow Corp. declares bankruptcy

Post Bulletin 09 Aug 2023

Hundreds of Minnesotans have lost their jobs after Yellow Corp., one of the largest less-than-load trucking companies in the country, declared bankruptcy ... “It is with profound disappointment that Yellow announces that it is closing after nearly 100 years in business,” CEO Darren Hawkins said in a news release Sunday ... Cloud and Duluth.

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Bankruptcy of 99-year-old U.S. trucking company concerns 30,000 workers, creditors

People Daily 08 Aug 2023

NEW YORK, Aug. 7 (Xinhua) -- Yellow Corp., a once-dominant U.S ... "It is with profound disappointment that Yellow announces that it is closing after nearly 100 years in business," CEO Darren Hawkins said in a statement. "Today, it is not common for someone to work at one company for 20, 30, or even 40 years, yet many at Yellow did ... (Web editor ... .

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Trucking giant Yellow Corp. declares bankruptcy after years of financial struggles

West Hawaii Today 08 Aug 2023

NEW YORK — Trucking company Yellow Corp. has declared bankruptcy after years of financial struggles and growing debt, marking a significant shift for the U.S ... “It is with profound disappointment that Yellow announces that it is closing after nearly 100 years in business,” CEO Darren Hawkins said in a news release late Sunday ... .

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'Greedy': Freight trucking company files for bankruptcy after getting $700 million pandemic loan

Alternet 08 Aug 2023

Per the NYT, "After its bankruptcy filing, company officials placed much of the blame on the union, saying its members caused 'irreparable harm' by halting its restructuring plan." ... "It is with profound disappointment that Yellow announces that it is closing after nearly 100 years in business," Chief Executive Darren Hawkins said in a statement ... .

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Trucking giant Yellow files for bankruptcy after shedding 30,000 jobs

The Keene Sentinel 08 Aug 2023

“It is with profound disappointment that Yellow announces that it is closing after nearly 100 years in business,” Yellow chief executive Darren Hawkins said in a news release Sunday. The filing Sunday in the U.S ... (Amazon founder Jeff Bezos owns The Washington Post ... In his statement Sunday, Hawkins blamed the company’s unraveling on the union ... .

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Trucking giant Yellow files for bankruptcy

Lincoln Journal Star 08 Aug 2023

WYATTE GRANTHAMPHILIPS. Associated Press. NEW YORK — Trucking company Yellow Corp ... transportation industry and shippers nationwide ... People are also reading… ... "It is with profound disappointment that Yellow announces that it is closing after nearly 100 years in business," CEO Darren Hawkins said in a news release late Sunday ... .

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Yellow Corp. officially files bankruptcy, trucking firm ends 100-year run

Daily Press Victorville 08 Aug 2023

Yellow Corp ... “It is with profound disappointment that Yellow announces that it is closing after nearly 100 years in business,” CEO Darren Hawkins said in a statement ... 'Decades of mismanagement' ... “We faced nine months of union intransigence, bullying and deliberately destructive tactics," Hawkins said in the statement ... Closing after 100 years ... .

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Yellow Corp. to liquidate

Dispatch Argus 08 Aug 2023

WYATTE GRANTHAMPHILIPS. Associated Press. NEW YORK — Trucking company Yellow Corp ... transportation industry and shippers nationwide ... People are also reading… ... Here's what to know ... "It is with profound disappointment that Yellow announces that it is closing after nearly 100 years in business," CEO Darren Hawkins said in a news release late Sunday ... .

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Yellow Corp. files for bankruptcy

Arkansas Democrat-Gazette 08 Aug 2023

NEW YORK -- Trucking company Yellow Corp. has declared bankruptcy after years of financial struggles and growing debt, marking a significant shift for the U.S ... "It is with profound disappointment that Yellow announces that it is closing after nearly 100 years in business," Chief Executive Officer Darren Hawkins said in a news release late Sunday.

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What a trucking company bankruptcy tells us about labor tensions in America

Vox 08 Aug 2023

Yellow CEO Darren Hawkins, whom the company paid a total of $1.27 million last year according to public filings, was also quick to blame the Teamsters during the bankruptcy announcement, saying in a statement that “all workers and employers should take note of our experience” ...

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Yellow seeks orderly ‘wind down’ amid bankruptcy filing

Journal of Commerce 07 Aug 2023

The third-largest US less-than-truckload (LTL) carrier said Sunday it plans to use debtor-in-possession financing to support the sale of assets, while CEO Darren Hawkins blamed the Teamsters union for its collapse ... .

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Trucking Firm That Got $700 Million U.S. Bailout Declares Bankruptcy

Democratic Underground 07 Aug 2023

It is with profound disappointment that Yellow announces that it is closing after nearly 100 years in business, the companys chief executive, Darren Hawkins, said in a statement. Yellow filed a so-called Chapter 11 petition in federal bankruptcy court in Delaware ... .

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30,000 workers bid goodbye to 99-year-old Yellow trucking company as it files for bankruptcy

ABC7 07 Aug 2023

NEW YORK -- Yellow Corp., a once-dominant US trucking company, has filed for bankruptcy as it winds down its 99-year-old business that employs 30,000 workers ... "It is with profound disappointment that Yellow announces that it is closing after nearly 100 years in business," CEO Darren Hawkins said in a statement ... RELATED ... .

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Yellow blames bankruptcy filing on ‘bullying’ by Teamsters

Market Watch 07 Aug 2023

“‘We faced nine months of union intransigence, bullying and deliberately destructive tactics ... Chief Executive Darren Hawkins ... The IBT did not immediately respond to a MarketWatch request for comment ... Don’t miss ... “It is with profound disappointment that Yellow announces that it is closing after nearly 100 years in business,” said CEO Hawkins ... .