Smid, who joined Yellow in 1985, held several management posts in his career with YRC, including executive vice president at Yellow and president of Roadway. From 2007 through 2009, Smid managed the integration of YRC Worldwide’s flagship carriers, Yellow Transportation and Roadway Express, closing hundreds of terminals and shrinking payroll from about 55,000 to 34,000 employees. Staley was let go dec. 2007, correct me if I'm wrong but the mou first started July of 09? So to answer the debate Roadway was bought out in 03 making DOLLAR Z. CEO of both Y and R which Dollar Z. Came to Yellow corp in 99, so no Roadway Express never asked its employees for wage or pension decreases in it's history as a company.