August 2, 2011 10:15 AM, EDT

Mike Smid Departs YRC Worldwide

Mike Smid, president of YRC Inc. and YRC Worldwide’s chief operations officer, has retired, the company said.

Smid’s retirement was effective Friday, the less-than-truckload carrier said in a statement. He had been with the company in a variety of positions since 2000.

YRC Inc. is the longhaul LTL division of YRC Worldwide. It is the successor to Yellow Transportation and Roadway Express, and uses Teamsters union labor.

YRC Worldwide July 22 named James Welch is new CEO. Until it names a new YRC Inc. president, Welch will assume that post in addition to his CEO responsibilities for YRC Worldwide, the company said.

YRC Worldwide is ranked No. 4 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.