Document:

<PAGE>   1

                                                                     Exhibit 4.7

                                 AMENDMENT NO. 6
                                     TO THE
                              ROADWAY EXPRESS, INC.
                            401(k) STOCK SAVINGS PLAN
                           (EFFECTIVE JANUARY 1, 1996)

                  THIS AMENDMENT NO. 6 to the Roadway Express, Inc. 401(k) Stock
Savings Plan (the "Plan") is made and executed this 13th day of November, 2000,
by Roadway Express, Inc. (the "Company") to be effective, except as otherwise
set forth below, as of January 17, 2001. Words and phrases used herein with
initial capital letters which are defined in the Plan are used herein as so
defined.

                  1. The Plan is amended by deleting all references to "Caliber
Stock" and substituting therefor the phrase "FedEx Corp. Stock".

                  2. The Plan is amended by deleting all references to "Caliber
Stock Fund" and substituting therefor the phrase "FedEx Stock Fund".

                  3. The Plan is amended by deleting all references to "Caliber
Stock Liquidating Fund".

                  4. Section 2.61 of the Plan is amended to read as follows:

        "2.61     Valuation Date
         -----------------------

                  'Valuation Date' means each day on which all of the Trustee,
         the New York Stock Exchange and the National Association of Securities
         Dealers, Inc. Automated Quotation are open for business."

                  5. Article 7 of the Plan is amended in its entirety to read as
follows:

                                  "ARTICLE VII
                                  ------------

                                   INVESTMENTS
                                   -----------

         7.1      Investment Funds
         -------------------------

<PAGE>   2

                  (a) Effective prior to July 18, 2002, the Trust Fund will be
         divided into the Company Stock Fund, the FedEx Stock Fund and such
         additional Investment Funds as the Company may in its discretion select
         or establish (which may be more fully described in Exhibit B).
         Effective on and after July 18, 2002, the Trust Fund will be divided
         into the Company Stock Fund and such additional Investment Funds as the
         Company may in its discretion select or establish (which may be more
         fully described in Exhibit B). Any portion of a Participant's Account
         which is invested in the FedEx Stock Fund as of July 17, 2002, shall,
         as soon as practicable thereafter, be liquidated and the proceeds
         transferred to the American Balanced Fund. Contributions will be
         invested in the Investment Funds as provided in Section 7.5. Subject to
         other applicable provisions of the Plan, the Trustee shall hold,
         manage, administer, value, invest, reinvest, account for and otherwise
         deal with each Investment Fund separately. The Trustee shall invest and
         reinvest the principal and income of each such Fund and will keep each
         Fund invested, without distinction between principal and income, as
         required under the terms of the Plan.

                  (b) Dividends, interest and other distributions received by
         the Trustee in respect of each Investment Fund shall be reinvested in
         the same Investment Fund; provided, however, that, dividends, interest
         and other distributions received by the Trustee in respect of the FedEx
         Stock Fund shall be invested solely in the Company Stock Fund.

                  (c) The Trustee, in its sole discretion, may keep such portion
         of each Investment Fund invested in interest-bearing cash or cash
         equivalents either pending the selection and purchase of suitable
         investments under such Fund or as the Trustee may from time to time
         deem to be necessary or advisable to maintain sufficient liquidity to
         meet the obligations of the Plan or for other reasons.

                  (d) The Committee shall adopt, and may amend from time to
         time, general rules of uniform application that shall provide for the
         administration of each Investment Fund, including, but not limited to,
         rules providing for (i) the method of valuing each such Investment Fund
         as of each applicable Valuation Date, (ii) procedures pursuant to which
         a Participant may elect to have all or a designated part of his Account
         invested in any Investment Fund (if more than one such Investment Fund
         is established), (iii) the method of changing any such election by
         either the Participant or his Death Beneficiary and the frequency with
         which such elections may be made, (iv) the Investment Fund in which a
         Participant's Account shall be invested in the absence of an effective
         election, and (v) any other matters that the Committee deems necessary
         or advisable in the administration of any Investment Fund.

         7.2  Account; Sub-Account
         -------------------------

                  The Plan Administrator shall establish and maintain, or cause
         to be established and maintained, an Account for each Participant,
         which Account will reflect, pursuant to Sub-Accounts established and
         maintained thereunder, the amount, if any, of the Participant's (a)
         Before-Tax Contributions, (b) After-Tax Contributions, (c) Matching
         Employer Contributions, (d) Rollover Contributions, (e) Qualified
         Nonelective

                                       -2-

<PAGE>   3

         Contributions, (f) Profit Sharing Contributions and (g) Stock Bonus
         Portion. The Plan Administrator shall also maintain, or cause to be
         maintained, separate records that will show (i) the portion of each
         such Sub-Account invested in each Investment Fund and (ii) the amount
         of Contributions thereto, payments and withdrawals therefrom and the
         amount of income and losses attributable thereto. The interest of each
         Participant in the Trust Fund at any time shall consist of his Account
         balance (as determined pursuant to Section 7.4) as of the last
         preceding business day.

         7.3  Reports
         ------------

                  The Plan Administrator shall cause reports to be made
         quarterly to each Participant and to the Death Beneficiary of each
         deceased Participant, indicating the value of the Participant's Account
         as of the last business day of the immediately preceding calendar
         quarter. In addition, the Plan Administrator shall cause such a report
         to be made to each Participant who (a) requests such a report in
         writing (provided that only one report shall be furnished to a
         Participant upon such a request in any twelve (12) month period) or (b)
         has a Termination of Employment.

         7.4  Valuation of Investment Funds
         ----------------------------------

                  (a) The balance of each Participant's Account shall be
         expressed in terms of the number of shares or investment units, as
         applicable, including fractional shares or units, that have been
         allocated pursuant to this Section to each Investment Fund in such
         Participant's Account.

                  (b) The Trustee will, as of the close of business on each
         Valuation Date, determine or cause to be determined the value of each
         Investment Fund. Each such valuation will be made on the basis of the
         net income or loss to each such Investment Fund between the current
         Valuation Date and the last preceding Valuation Date. The net income or
         loss of an Investment Fund shall include interest income, dividends and
         other income of such Fund and shall be reduced by any expenses paid
         (including the fees and expenses of the Trustee and investment
         managers, if any, that are to be charged to such Investment Fund in
         accordance with the terms of the Plan) and other losses of such Fund.
         For this purpose, the transfer of funds to or from an Investment Fund
         pursuant to Sections 7.5, 7.6, 7.7 or 7.8, Contributions allocated to
         an Investment Fund, and payments, distributions and withdrawals from an
         Investment Fund to provide benefits under the Plan for Participants or
         Beneficiaries will not be deemed to be income or losses of the
         Investment Fund.

                  (c) As of each Valuation Date, the net income or loss of each
         Investment Fund determined pursuant to Subsection (b) of this Section
         shall be allocated to the Accounts of Participants in such Investment
         Fund in proportion to the ratio of the number of shares or units in
         such Fund held in such Account at any time since the immediately prior
         Valuation Date to the total shares or units in such Fund at any time
         since the immediately prior Valuation Date.

                                       -3-

<PAGE>   4

                  (d) Except as provided in Sections 7.5, 7.6, 7.7 or 7.8, or as
         may otherwise be provided by the Committee, Contributions shall be
         credited to each Participant's Account and allocated in accordance with
         the investment option chosen by such Participant to the Investment
         Funds as soon as practicable after such Contribution is made.

                  (e) Notwithstanding the foregoing, the Committee may, in
         accordance with the applicable requirements of the Code and ERISA, (i)
         adopt such accounting procedures as it considers appropriate and
         equitable to establish a proportionate crediting of net income or loss
         of an Investment Fund and of Contributions made to an Investment Fund
         as of each Valuation Date and (ii) adopt such valuation procedures as
         it considers appropriate and equitable to determine the value of the
         shares or units, as applicable, of an Investment Fund that are
         necessary to effectuate the transactions contemplated by the Plan.

         7.5  Investment of Contributions
         --------------------------------

                  (a)      (1) All Matching Employer Contributions made to
                  the Plan pursuant to Section 5.1, Qualified Nonelective
                  Contributions and Profit Sharing Contributions shall be
                  invested in the Company Stock Fund.

                           (2) Matching employer contributions made by Roadway
                  Services, Inc. to the Roadway Services, Inc. Stock Savings and
                  Retirement Income Plan and Trust which have been transferred
                  to the Plan pursuant to Section 4.13 shall remain invested in
                  the FedEx Stock Fund and the Company Stock Fund; provided;
                  however, that, pursuant to Subsection 7.8(c), a Participant
                  may elect to transfer any portion of such matching
                  contributions invested at the time of such election in the
                  FedEx Stock Fund to one or more of the other Investment Funds.

                  (b) Except as provided in Paragraphs (1) through (3) of this
         Subsection, each Participant may, pursuant to Sections 7.6, 7.7 and
         7.8, direct that Before-Tax Contributions, After-Tax Contributions and
         Rollover Contributions made by or for him be invested in one or more
         Investment Funds; provided, however, that if a Participant fails to
         direct the Investment of Before-Tax Contributions, After-Tax
         Contributions and Rollover Contributions made by or for him, the
         Company directs that such contributions shall be invested in the
         American Balanced Fund.

                           (1) Before-Tax Contributions and After-Tax
                  Contributions made pursuant to Section 4.1 and Rollover
                  Contributions made pursuant to Section 4.12 may not be
                  invested in the FedEx Stock Fund;

                           (2) Until a Participant attains age fifty-five (55),
                  that portion of his Before-Tax Contributions and After-Tax
                  Contributions that (i) have been contributed to the Plan
                  before April 1, 1998 and (ii) have been used in determining
                  the allocation of Matching Employer Contributions to his
                  Account pursuant to Section 5.2 shall remain invested in the
                  Company Stock Fund;

                                       -4-

<PAGE>   5

                           (3) Until a Participant attains age fifty-five (55),
                  that portion of his Before-Tax Contributions and After-Tax
                  Contributions which have been transferred to the Plan pursuant
                  to Section 4.13 and were used in determining the allocation of
                  matching employer contributions to his account under the
                  Roadway Services, Inc. Stock Savings and Retirement Income
                  Plan and Trust shall remain invested in the Company Stock Fund
                  and the FedEx Stock Fund; provided; however, that, pursuant to
                  Subsection 7.8(c), a Participant may elect to transfer any
                  portion of such Before-Tax Contributions and After-Tax
                  Contributions invested at the time of such election in the
                  FedEx Stock Fund to one or more of the other Investment Funds.

                  (c) (1) A Participant's Stock Bonus Portion not previously
                  diversified or eligible for diversification pursuant to
                  Subsections 5.5(b) or (c) of the Roadway Services, Inc. Stock
                  Bonus Plan and Trust shall remain invested in the Company
                  Stock Fund or the FedEx Stock Fund; provided; however, that,
                  pursuant to Subsection 7.8(c), a Participant may elect to
                  transfer any portion of his Stock Bonus Portion invested at
                  the time of such election in the FedEx Stock Fund to one or
                  more of the other Investment Funds.

                           (2) A Participant's Stock Bonus Portion diversified
                  or eligible to be diversified prior to the Effective Date
                  pursuant to Subsections 5.5(b) or (c) of the Roadway Services,
                  Inc. Stock Bonus Plan and Trust may, pursuant to Sections 7.6
                  and 7.8, be invested in one or more Investment Funds (other
                  than the FedEx Stock Fund). A Participant who has made a
                  diversification election of his Stock Bonus Portion prior to
                  the Effective Date may, pursuant to Sections 7.6 and 7.8,
                  direct that any remaining amount of the one-half (1/2)
                  permitted to be diversified (including earnings and
                  appreciation thereon) be invested in one or more of the other
                  Investment Funds (other than the FedEx Stock Fund).

                           (3) A Participant who attains age fifty-five (55) on
                  or after the Effective Date, may make an initial
                  diversification election pursuant to Sections 7.6 and 7.8 to
                  transfer an amount equal to up to one-half (1/2) of his Stock
                  Bonus Portion to one or more Investment Funds (other than the
                  FedEx Stock Fund). A Participant who has made a
                  diversification election of his Stock Bonus Portion pursuant
                  to the preceding sentence may, pursuant to Sections 7.6 and
                  7.8, direct that any remaining amount of the one-half (1/2)
                  permitted to be diversified (including earnings and
                  appreciation thereon) be invested in one or more of the other
                  Investment Funds (other than the FedEx Stock Fund).

         7.6  Change of Investments
         --------------------------

                  (a)      (1) Each Participant who is eligible to direct
                  the investment of all or a portion of his Before-Tax
                  Contributions, After-Tax Contributions and Rollover
                  Contributions pursuant to Subsection 7.5(b) may, by direction
                  to the Plan Administrator, change his investment direction
                  with respect to such future Contributions and/or may direct
                  that all or a portion of his Account that is attributable to
                  such prior Contributions (including earnings and appreciation

                                       -5-

<PAGE>   6

                  thereon) be transferred from one Investment Fund to another
                  Investment Fund; provided, however, that a Participant may not
                  direct the transfer of any portion of his Account into the
                  FedEx Stock Fund.

                           (2) Each Participant who is eligible to diversify or
                  has diversified any portion of his Stock Bonus Portion
                  pursuant to Paragraphs 7.5(c)(2) or (3) may, by direction to
                  the Plan Administrator, direct that all or a portion of his
                  Stock Bonus Portion which is attributable to the amount
                  eligible to be diversified or to the prior amount diversified
                  pursuant to Paragraphs 7.5(c)(2) or (3) (including earnings
                  and appreciation thereon) be transferred from one Investment
                  Fund to another Investment Fund; provided, however, that a
                  Participant may not direct the transfer of any portion of his
                  Account into the FedEx Stock Fund.

                  (b) Notwithstanding the limitations of Section 7.5, any
         Participant entitled to a distribution of his Account pursuant to
         Article VIII may, by direction to the Plan Administrator, irrevocably
         direct that any portion of his Account not invested in the Company
         Stock Fund be transferred to the Company Stock Fund prior to the
         distribution of his Account.

         7.7  Investment Direction and Change Procedures-Future Contributions
         ---------------------------------------------------------------------

                  (a) Any change of investments for a Participant's future
         Contributions permitted by Paragraph 7.6(a)(1) shall be made by a
         Participant by providing direction to the Plan Administrator (on a form
         or in a manner provided by the Plan Administrator) which shall specify
         the portion of such Contributions to be invested in each of the
         Investment Funds.

                  (b) Such directions can be executed on a daily basis, or if
         later, as soon as practicable, in accordance with the policies and
         procedures for such directions established by the Plan Administrator
         and the Plan Trustee.

         7.8 Investment Direction and Change Procedures-Prior Contributions
         ------------------------------------------------------------------

                  (a) Any direction to transfer all or a portion of a
         Participant's Account among the Investment Funds relating to a
         Participant's prior Contributions permitted by Paragraph 7.6(a)(1)
         and/or all or a portion of a Participant's Stock Bonus Portion among
         the Investments Funds permitted by Paragraph 7.6(a)(2) shall be made by
         a Participant by providing direction to the Plan Administrator (on a
         form or in a manner provided by the Plan Administrator) which shall
         specify the portion of the Investment Fund (in units or shares, as
         applicable) to be transferred and the Investment Fund(s) into which it
         is to be transferred and, in the case of a transfer of a Participant's
         Stock Bonus Portion, the percentage of the Participant's Stock Bonus
         Portion to be transferred.

                  (b) Such directions can be executed on a daily basis, or if
         later, as soon as practicable, in accordance with the policies and
         procedures for such directions established by the Plan Administrator
         and the Plan Trustee.

                                       -6-

<PAGE>   7

                  (c) Until July 18, 2002, a Participant may, with respect to
         the portion of his Account invested in the FedEx Stock Fund, direct the
         Plan Administrator to transfer all or a portion of his Account to one
         or more of the other Investment Funds.

         7.9  Directions to the Trustee
         ------------------------------

                  The Plan Administrator shall give appropriate and timely
         directions to the Trustee in order to permit the Trustee to give effect
         to the investment choice and investment change elections made under
         Sections 7.5, 7.6, 7.7 and 7.8 and to provide funds for distributions
         pursuant to Article VIII.

         7.10  Voting of Allocated Company Stock and FedEx Stock
         -------------------------------------------------------

                  (a) All voting rights on shares of Company Stock and FedEx
         Stock held by the Trustee shall be exercised by the Trustee only as
         directed by the Participants (and Beneficiaries) acting in their
         capacity as Named Fiduciaries in accordance with the following
         provisions of this Section 7.10. The number of shares of Company Stock
         and FedEx Stock credited to a Participant's Account shall be determined
         as of the most recent Valuation Date for which information is readily
         available.

                  (b) As soon as practicable before each annual or special
         shareholders' meeting of the Company or Federal Express, Inc., the
         Trustee shall furnish or cause to be furnished to each Participant a
         copy of the proxy solicitation material sent generally to shareholders,
         together with a form to be returned to the Trustee requesting
         confidential instructions from the Participant, acting in his capacity
         as a Named Fiduciary, on how the shares of Company Stock or FedEx Stock
         credited to such Participant's Account and, separately, a proportionate
         share (based on the amount of any shares credited to his Account) of
         any Non-Directed Shares and Unallocated Shares (as defined below) of
         Company Stock or FedEx Stock held by the Trustee (including fractional
         shares to 1/1000th of a share) are to be voted by the Trustee. For
         purposes of this Section 7.10, "Non-Directed Shares" shall mean those
         shares credited to Participants' Accounts for which instructions are
         not timely received by the Trustee, as well as shares of Company Stock
         or FedEx Stock credited to Participants' Accounts after the Valuation
         Date used under this Section 7.10 for purposes of determining the
         number of shares credited to each Participant's Account and
         "Unallocated Shares" shall mean any shares of Company Stock or FedEx
         Stock not credited to the Participants' Accounts. The Company shall
         cooperate with the Trustee to insure that Participants receive the
         requisite information with respect to Company Stock in a timely manner.
         The materials furnished to the Participants shall include a notice from
         the Trustee explaining each Participant's right to instruct the Trustee
         with respect to the voting of shares of Company Stock or FedEx Stock
         credited to his Account, and, separately, with respect to Non-Directed
         Shares and Unallocated Shares. Upon timely receipt of such
         instructions, the Trustee (after combining votes of fractional shares
         to give effect to the greatest extent to Participants' instructions)
         shall vote the shares as instructed.

                  (c) With respect to all corporate matters submitted to
         shareholders, each Participant who has shares of Company Stock or FedEx
         Stock credited to his Account,

                                       -7-

<PAGE>   8

         acting as a Named Fiduciary shall be entitled to direct the voting of
         shares of Company Stock or FedEx Stock (including fractional shares to
         1/1000th of a share) credited to his Account. With respect to shares of
         Company Stock or FedEx Stock credited to the Account of a deceased
         Participant, such Participant's Beneficiary shall be entitled to direct
         the voting with respect to such shares as if such Beneficiary were the
         Participant.

                  (d) Each Participant who has shares of Company Stock or FedEx
         Stock credited to his Account and who is entitled to vote on any matter
         presented for a vote by the shareholders, as a Named Fiduciary, shall
         be entitled to separately direct the Trustee with respect to the vote
         of a portion of the Non-Directed Shares and the Unallocated Shares.
         Such direction shall apply to such number of votes equal to the total
         number of votes attributable to Non-Directed Shares and Unallocated
         Shares multiplied by a fraction, the numerator of which is the number
         of shares of Company Stock or FedEx Stock credited to the Participant's
         Account and the denominator of which is the total number of shares of
         Company Stock or FedEx Stock credited to the Accounts of all such
         Participants who have timely provided directions to the Trustee with
         respect to Non-Directed Shares and Unallocated Shares under this
         Subsection (d). Fractional shares shall be rounded to the nearest
         1/1000th of a share.

                  (e) The instructions received by the Trustee from Participants
         or Beneficiaries shall be held by the Trustee in strict confidence and
         shall not be divulged or released to any person including directors,
         officers or employees of the Company or any Controlled Group Member or
         Federal Express, Inc. except as otherwise required by law.

         7.11  Tender of Allocated Company Stock or FedEx Stock
         -------------------------------------------------------

                  (a) APPLICABILITY. Except as otherwise expressly provided in
         the Plan, the Trustee shall not sell, alienate, encumber, pledge,
         transfer or otherwise dispose of or tender or withdraw, any shares of
         Company Stock or FedEx Stock held by it under the Plan. All tender or
         exchange decisions with respect to Company Stock or FedEx Stock shall
         be made by the Trustee only as directed by the Participants (and
         Beneficiaries), acting in their capacity as Named Fiduciaries, in
         accordance with the following provisions of this Section 7.11. The
         number of shares of Company Stock or FedEx Stock credited to a
         Participant's Account shall be determined as of the most recent
         Valuation Date for which information is readily available.

                  (b) INSTRUCTIONS TO TRUSTEE. In the event an offer shall be
         received by the Trustee (including a tender offer for shares of Company
         Stock or FedEx Stock subject to Section 14(d)(1) of the Securities
         Exchange Act of 1934 or subject to Rule 13e-4 promulgated under such
         Act, as those provisions may from time to time be amended) to purchase
         or exchange any shares of Company Stock or FedEx Stock held by the
         Trustee, the Trustee shall advise each Participant who has shares of
         Company Stock or FedEx Stock credited to his Account in writing of the
         terms of the offer as soon as practicable after its commencement and
         shall furnish each Participant with a form by which he may instruct the
         Trustee confidentially whether or not to tender or exchange shares of
         Company Stock or FedEx Stock credited to such Participant's Account
         and, separately, based on Company Stock or FedEx Stock credited to such
         Participant's Account, a

                                       -8-

<PAGE>   9

         proportionate share of any Non-Directed Shares and any Unallocated
         Shares (as defined below) of Company Stock or FedEx Stock held by the
         Trustee (including fractional shares to 1/1000th of a share). For
         purposes of this Section 7.11, "Non-Directed Shares" shall mean those
         shares of Company Stock or FedEx Stock credited to Participants'
         Accounts for which instructions are not timely received by the Trustee
         as well as shares of Company Stock or FedEx Stock credited to
         Participants' Accounts after the Valuation Date used under this Section
         7.11 for purposes of determining the number of shares credited to each
         Participant's Account and "Unallocated Shares" shall mean any shares of
         Company Stock or FedEx Stock not credited to the Participants'
         Accounts. The materials furnished to the Participants shall include:

                           (1)    a notice from the Trustee explaining
                  Participants' rights to instruct the Trustee with respect to
                  shares of Company Stock or FedEx Stock credited to their
                  Accounts, and, separately, with respect to Non-Directed Shares
                  and Unallocated Shares, as provided herein; and

                           (2)    such related documents as are prepared by any
                  person and provided to the shareholders of the Company
                  pursuant to the Securities Exchange Act of 1934. The Company
                  and the Trustee may also provide Participants with such other
                  material concerning the tender or exchange offer as the
                  Trustee or the Company in their discretion determine to be
                  appropriate; provided, however, that prior to any distribution
                  of materials by the Company, the Trustee shall be furnished
                  with complete copies of all such materials. The Company shall
                  cooperate with the Trustee to insure that Participants receive
                  the requisite information with respect to Company Stock in a
                  timely manner.

                  (c) TRUSTEE ACTION ON PARTICIPANT INSTRUCTIONS: ALLOCATED
         SHARES. Each Participant who has shares of Company Stock or FedEx Stock
         credited to his Account, as a Named Fiduciary, shall be entitled to
         direct the Trustee whether or not to tender or exchange shares of
         Company Stock or FedEx Stock credited to his Account (including
         fractional shares to 1/1000th of a share). With respect to shares of
         Company Stock or FedEx Stock credited to the Account of a deceased
         Participant, such Participant's Beneficiary shall be entitled to direct
         the Trustee whether or not to tender or exchange such shares as if such
         Beneficiary were the Participant.

                  (d) TRUSTEE ACTION ON PARTICIPANT INSTRUCTIONS: NON-DIRECTED
         AND UNALLOCATED SHARES. Each Participant who has shares of Company
         Stock or FedEx Stock credited to his Account and who is entitled to
         direct the Trustee whether or not to tender or exchange shares of
         Company Stock or FedEx Stock credited to his Account, as a Named
         Fiduciary, shall be entitled to separately direct the Trustee with
         respect to the tender or exchange of a portion of the Non-Directed
         Shares and the Unallocated Shares. Such directions shall apply to such
         number of Non-Directed Shares and Unallocated Shares equal to the total
         number of Non-Directed Shares and Unallocated Shares multiplied by a
         fraction, the numerator of which is the number of shares of Company
         Stock or FedEx Stock credited to the Participant's Account and the
         denominator of which is the total number of shares of Company Stock or
         FedEx Stock credited to the Accounts of all such Participants who have
         timely provided directions to the Trustee with respect to Non-Directed
         Shares and

                                       -9-

<PAGE>   10

         Unallocated Shares under this Subsection (d). Fractional shares shall
         be rounded to the nearest 1/1000th of a share.

                  (e) CONFIDENTIALITY. The instructions received by the Trustee
         from Participants or Beneficiaries shall be held by the Trustee in
         strict confidence and shall not be divulged or released to any person,
         including directors, officers or employees of the Company or any
         Controlled Group Member or Federal Express, Inc., except as otherwise
         required by law.

                  (f) WITHDRAWAL OF SHARES. In the event, under the terms of a
         tender offer or otherwise, any shares of Company Stock or FedEx Stock
         tendered for sale, exchange or transfer pursuant to such offer may be
         withdrawn from such offer, the Trustee shall follow such instructions
         respecting the withdrawal of such shares from such offer in the same
         manner and in the same proportion as shall be timely received by the
         Trustee from Participants entitled under this Section 7.11 to give
         instructions as to the sale, exchange or transfer of shares of Company
         Stock or FedEx Stock pursuant to such offer, acting in their capacity
         as Named Fiduciaries.

                  (g) PARTIAL OFFERS. In the event that an offer for fewer than
         all of the shares of Company Stock or FedEx Stock held by the Trustee
         shall be received by the Trustee, the total number of shares of Company
         Stock or FedEx Stock that the Plan sells, exchanges or transfers
         pursuant to such offer shall be allocated among Participants' Accounts
         on a pro rata basis in accordance with the directions received from
         Participants with respect to shares of Company Stock or FedEx Stock
         credited to their Accounts and Non-Directed Shares and Unallocated
         Shares.

                  (h) MULTIPLE OFFERS. In the event an offer shall be received
         by the Trustee and instructions shall be solicited from Participants
         pursuant to Subsections (a) to (g) hereof regarding such offer, and,
         prior to the termination of such offer, another offer is received by
         the Trustee for the shares of Company Stock or FedEx Stock subject to
         the first offer, the Trustee shall use its best efforts under the
         circumstances to solicit instructions from the Participants in their
         capacity as Named Fiduciaries:

                           (1)    with respect to shares of Company Stock or
                  FedEx Stock tendered for sale, exchange or transfer pursuant
                  to the first offer, whether to withdraw such tender, if
                  possible, and, if withdrawn, whether to tender any shares of
                  Company Stock or FedEx Stock so withdrawn for sale, exchange
                  or transfer pursuant to the second offer, and

                           (2)    with respect to shares of Company Stock or
                  FedEx Stock not tendered for sale, exchange or transfer
                  pursuant to the first offer, whether to tender or not to
                  tender such shares of Company Stock or FedEx Stock for sale,
                  exchange or transfer pursuant to the second offer.

         The Trustee shall follow all such instructions received in a timely
         manner from Participants in the same manner and in the same proportion
         as provided in Subsections (a) to (g) hereof. With respect to any
         further offer for any Company Stock or FedEx Stock received by the
         Trustee and subject to any earlier offer (including successive offers

                                      -10-

<PAGE>   11

         from one or more existing offerors), the Trustee shall act in the same
         manner as described above in this Subsection (h).

                  (i) NO IMPACT ON ACCOUNT. A Participant's instructions to the
         Trustee to tender or exchange shares of Company Stock or FedEx Stock
         shall not be deemed a withdrawal or suspension from the Plan or a
         forfeiture of any portion of the Participant's Account. Funds received
         in exchange for tendered shares of Company Stock or FedEx Stock shall
         be used by the Trustee to purchase Company Stock (or other employer
         securities within the meaning of Section 407(d) of ERISA) as soon as
         practicable. In the interim, the Trustee shall invest such funds in
         short-term investments permitted under the Plan.

                  (j) TENDER BY COMPANY. Subject to any provisions in the Plan
         to the contrary, in the event the Company initiates a tender or
         exchange offer, the Trustee may, in its sole discretion, enter into an
         agreement with the Company not to tender or exchange any shares of
         Company Stock in such offer, in which event, the foregoing provisions
         of this Section 7.11 shall have no effect with respect to such offer
         and the Trustee shall not tender or exchange any shares of Company
         Stock in such offer.

                  6. Section 8.7 of the Plan is amended by (i) re-designating
Subsection (c) of the Plan as Subsection (d) of the Plan and (ii) the addition
of a new Subsection (c) to read as follows:

                  "(c) Notwithstanding the foregoing provisions of this Section
         8.7, upon prior written notice filed with the Plan Administrator,
         during the period commencing on January 17, 2001 and terminating on
         July 17, 2002, an Employee may make withdrawals from his (i) Stock
         Bonus Portion invested in the FedEx Stock Fund, (ii) After-Tax
         Contributions invested in the FedEx Stock Fund, or (iii) Company
         Matching Contributions invested in the FedEx Stock Fund. If an Employee
         makes a withdrawal from the FedEx Stock Fund in accordance with this
         Section 8.7(c), such Employee's Stock Bonus Portion invested in the
         FedEx Stock Fund shall first be reduced. If the amount of the
         withdrawal exceeds such Employee's Stock Bonus Portion invested in the
         FedEx Stock Fund, such Employee's After-Tax Contributions invested in
         the FedEx Stock Fund shall be reduced. If the amount of the withdrawal
         exceeds such Employee's Stock Bonus Portion invested in the FedEx Stock
         Fund and After-Tax Contributions invested in the FedEx Stock Fund, such
         Employee's Company Matching Contributions invested in the FedEx Stock
         Fund shall be reduced. Such withdrawals may be made in cash or in kind,
         at the election of the Employee, provided, however, that fractional
         shares may be distributed only in cash."

                  7. Effective as of June 1, 2000, Exhibit B to the Plan is
hereby amended in its entirety as set forth in Exhibit B attached hereto.

                                      -11-

<PAGE>   12

                  IN WITNESS WHEREOF, the Company has caused this Amendment No.
6 to be executed by its duly appointed officers.

                             ROADWAY EXPRESS, INC.

                             By: /s/ Thomas V. Lopienski
                                 --------------------------------------------
                             Title: VP of HR and Risk Management
                                    -----------------------------------------

                             By: /s/ J. Dawson Cunningham
                                 --------------------------------------------
                             Title: Executive Vice President
                                    -----------------------------------------
                                    and Chief Financial Officer
                                    -----------------------------------------

                             By:
                                 --------------------------------------------
                             Title:
                                    -----------------------------------------

                                      -12-
<PAGE>   13

                                    EXHIBIT B
                                    ---------

               Additional Investment Funds Pursuant to Section 7.1

                               As of June 1, 2000

1.       The EB Money Market Fund

2.       Victory Intermediate Income Fund

3.       The American Balanced Fund

4.       The Fidelity Advisor Growth Opportunities Fund-Class A

5.       Neuberger & Berman Genesis-Assets

6.       American Euro-Pacific Growth

7.       Vanguard LifeStrategy Conservative

8.       Vanguard LifeStrategy Moderate Growth

9.       Vanguard LifeStrategy Growth

10.      Victory Stock Index (A Shares)

11.      Janus Twenty Fund

12.      Janus Enterprise Fund

13.      Templeton World A Fund

                                      -13-<PAGE>   1
                                                                     Exhibit 4.2

                               ROADWAY CORPORATION

                        2001 EMPLOYEE STOCK PURCHASE PLAN

SECTION 1.  PURPOSE

         This 2001 Employee Stock Purchase Plan (the "Plan") is an amendment and
restatement of the Roadway Express, Inc. 1996 Employee Stock Purchase Plan. The
Plan is intended to advance the interests of Roadway Corporation (the
"Company"), its subsidiaries and its stockholders and to strengthen the
Company's and its subsidiaries' ability to attract and retain employees who have
the training, experience and ability to enhance the profitability of the Company
and its subsidiaries and to reward employees of the Company and its subsidiaries
upon whose judgment, initiative and effort the successful conduct and
development of their business largely depends. It is further intended that
options issued pursuant to this Plan shall constitute options issued pursuant to
an "employee stock purchase plan" within the meaning of Section 423 of the
Internal Revenue Code of 1986, as amended from time to time (the "Code"). The
purpose of this amendment and restatement of the Plan is to reflect the
formation of the Company and the exchange of common shares of Roadway Express,
Inc. for common shares of the Company pursuant to the Agreement and Plan of
Merger by and among Roadway Express, Inc., Roadway Merger Corp. and Roadway
Corporation dated May 29, 2001.

SECTION 2.  ADMINISTRATION

         The Plan shall be administered by the Compensation Committee of the
Board of Directors of the Company or such other committee of not less than two
members of the Board of Directors appointed by the Board of Directors (the
"Committee"). The majority of the Committee shall constitute a quorum, and the
action of a majority of the members of the Committee present at any meeting at
which a quorum is present, or acts unanimously approved in writing, shall be the
acts of the Committee.

         The interpretation and construction by the Committee of any provision
of the Plan or of any option granted under it shall be final. The Committee may
establish any policies or procedures which in the discretion of the Committee
are relevant to the operation and administration of the Plan and may adopt rules
for the administration of the Plan. No member of the Committee shall be liable
for any action or determination made in good faith with respect to the Plan or
any option granted under it.

SECTION 3.  ELIGIBILITY

         All employees (as defined below) of the Company or of any subsidiary
(as defined below) of the Company who are not executive officers (as defined
below) and who have been

<PAGE>   2

employed by the Company or by a subsidiary of the Company for 6 months or more
on the date of any grant of options pursuant to the Plan shall be offered
options under the Plan to purchase the Company's common stock, $.01 par value
per share ("Common Stock"), except that no employee shall be granted an option
under the Plan if, immediately after the option was granted, such employee would
own stock possessing 5 percent or more of the total combined voting power or
value of all classes of stock of the Company or of any subsidiary of the
Company. For purposes of this paragraph, stock ownership of an individual shall
be determined under the rules of Section 424(d) of the Code, and stock which the
employee may purchase under outstanding options shall be treated as owned by the
employee.

         For purposes of the Plan, the term "employee" shall not include an
employee whose customary employment is less than 20 hours per week. For purposes
of the Plan, the term "subsidiary" shall mean any corporation that the Company
controls, through one or more intermediaries, by ownership of 50 percent or more
of such corporation's outstanding voting securities, and the term "executive
officer" shall mean any employee who is subject to the requirements of Section
16(a) of the Securities Exchange Act of 1934.

SECTION 4.  STOCK

         The stock subject to the options granted under the Plan shall be shares
of authorized but unissued or reacquired Common Stock. The aggregate number of
shares which may be purchased under the Plan shall not exceed 800,000 shares of
Common Stock; provided, however, that such shares (1) may be supplemented by
shares of Stock authorized but not granted under the following Company plans:
Management Incentive Stock Plan, Equity Ownership Plan, Nonemployee Directors'
Stock Option Plan and Nonemployee Directors' Equity and Deferred Compensation
Plan ("stock related plans") and (2) shall be reduced by any shares authorized
under this Plan designated to be used to grant awards under any other stock
related plan in excess of the shares authorized under such other plan. In the
event that the number of shares subject to options to be granted pursuant to any
offering under the Plan exceeds the number of shares available to be purchased
under the Plan, the shares available to be purchased shall be allocated on a pro
rata basis among the options to be granted.

SECTION 5.  TERMS AND CONDITIONS OF OPTIONS

         Options granted pursuant to the Plan shall be evidenced by agreements
in such form as the Committee shall from time to time approve, provided that all
employees granted such options shall have the same rights and privileges (except
as otherwise provided in subparagraphs (a) and (e) below), and provided further
that such options shall comply with and be subject to the following terms and
conditions:

                           (a) NUMBER OF SHARES. Each option granted hereunder
         shall state the number of shares to which it pertains, which number
         shall be determined, prior to the date of granting of such option, with
         respect to the employee to whom such option is offered, in accordance
         with uniform policies and procedures established by the Committee;

                                       2
<PAGE>   3

         PROVIDED, HOWEVER, that the number of shares to which any option may
         pertain shall not exceed a maximum number to be computed in accordance
         with the following formula:

            Each eligible employee shall be granted an option to purchase up to
            the number of shares, 85 percent of the fair market value of which
            on the date of grant of the option is equal to 10 percent of the
            basic compensation (as hereinafter defined) earned by the employee.
            If the number of shares computed in accordance with the foregoing
            includes a fraction, such number shall be rounded down to the next
            whole number. For purposes of this paragraph, the term "basic
            compensation" is the yearly cash compensation of the employee
            (assuming equal payments over a 12- month period) excluding, without
            limitation, any bonuses or awards under the Company's management
            incentive program, but including any quotas set in connection with
            any sales incentive compensation plan, to be determined as of the
            pay period immediately preceding a date 30 days prior to the date of
            grant of such option.

                   Notwithstanding the above, the Committee shall, in its
        discretion, have the authority to exclude, with respect to all
        employees, any other form of compensation from the definition of "basic
        compensation," provided such exclusion shall comply with Section
        423(b)(5) of the Code. In addition, the Committee shall, in determining
        the number of shares subject to an option, have the authority, prior to
        the date of grant of such option, to adjust the percentage to a
        percentage from 1 percent to 10 percent, both inclusive. Further, the
        Committee may, in its discretion, prior to any offering pursuant to the
        Plan, set a maximum aggregate number of shares (subject to Section 4 of
        the Plan) which may be purchased under options granted pursuant to the
        offering. In the event employees elect to withhold funds from their
        compensation and/or to reinvest dividends sufficient to purchase shares
        in excess of such maximum number, the number of shares purchased by
        employees under each such option shall be reduced on a pro rata basis.

                   (b) OPTION PRICE. Each option shall state the option price,
        which shall be determined by the Committee; PROVIDED, however, that such
        option price shall not be an amount less than the lesser of 85 percent
        of the fair market value of the shares of Common Stock on the date of
        the granting of the option or 85 percent of the fair market value of
        such stock on the exercise date (as defined in Section 5(d) of the
        Plan). During such time as the Common Stock is quoted as a National
        Market Issue on the National Association of Securities Dealers Automated
        National Market Quotation System, the fair market value per share shall
        be the closing price of the Common Stock as quoted by NASDAQ on the last
        trading day before the day the option is exercised. Subject to the
        foregoing, the Committee shall have full authority and discretion in
        fixing the option price.

                   (c) MEDIUM AND TIME OF PAYMENT. The option price shall be
        payable in full in United States dollars, pursuant to uniform policies
        and procedures established by the Committee, not later than the exercise
        date (as defined in Section 5(d) of the Plan) of such option. The funds
        required for such payment shall be derived from (i) dividends paid on
        any shares under the Plan which the employee has elected to use for the
        payment and (ii) regular withholding from an employee's compensation in
        approximately equal installments

                                       3
<PAGE>   4

         over the term of the option or such other period as may be approved by
         the Committee. Any such dividends to be used for payment or funds
         withheld from an employee's compensation in excess of the actual option
         price shall be refunded to the employee. No interest shall accrue on
         the employee funds held by the Company. An employee shall have the
         right at any time to terminate the use of dividends for payment or to
         terminate the withholding from his compensation of amounts to be paid
         toward the option price, or to decrease the amount so withheld, by
         submitting a written request to the Company. An employee shall have the
         right to cancel his option in whole or in part and to obtain a refund
         of dividend amounts or amounts withheld from his compensation by the
         Company by submitting a written request to the Company which must be
         received by the Company prior to the exercise date. Such withheld
         amounts shall thereafter be paid to the employee within a reasonable
         period of time. No interest shall accrue on such amounts.

                   (d) TERM OF OPTION. The date on which the Common Stock to
        which an option pertains is to be purchased by the optionee (the
        "exercise date") shall be the last day of the term of the option, except
        as otherwise provided in the Plan. The Committee shall, in its
        discretion, establish the term of each option granted hereunder, except
        that in no event shall any term be in excess of l year or be less than 1
        month from the date of grant, and except that all options granted to
        employees pursuant to any offering under the Plan must be for the same
        term. Except to the extent an option has been cancelled by the optionee
        prior to the exercise date, it shall be deemed automatically exercised
        on the exercise date to the extent of payments received from the
        optionee.

                   (e) ACCRUAL LIMITATION. No option shall permit the rights of
        an optionee to purchase stock under all "employee stock purchase plans"
        (as defined in the Code) of the Company or its Subsidiaries to accrue at
        a rate which exceeds $25,000 of fair market value of such stock
        (determined at the time the option is granted) for each calendar year in
        which the option is outstanding at any time. For purposes of this
        Section 5(e)-(i) the right to purchase stock under an option accrues
        when the option (or any portion thereof) first becomes exercisable
        during the calendar year, (ii) the right to purchase stock under an
        option accrues at the rate provided in the option, but in no case may
        such rate exceed $25,000 of fair market value of such stock (determined
        at the time such option is granted) for any one calendar year and (iii)
        a right to purchase stock which has accrued under an option granted
        pursuant to the Plan may not be carried over to any other option.

                   (f) TERMINATION OF EMPLOYMENT. In the event that an optionee
        shall cease to be employed by the Company or any subsidiary of the
        Company for any reason (including death) before the exercise date such
        optionee's right to have his option exercised shall be terminated. Any
        dividends to be used for payment or amounts withheld from the optionee's
        compensation for purposes of the Plan which remain in an employee's
        account shall be refunded. No interest shall accrue on such amount.

                   (g) TRANSFER OF OPTION. No option shall be transferrable by
        an optionee.

                                        4

<PAGE>   5

                   (h) ADJUSTMENTS. The Committee may make or provide for such
        adjustments in the option price and in the number or kind of shares of
        the Common Stock or other securities covered by outstanding options as
        the Committee in its sole discretion, exercised in good faith, may
        determine is equitably required to prevent dilution or enlargement of
        the rights of optionees that would otherwise result from (a) any stock
        dividend, stock split, combination of shares, recapitalization or other
        change in the capital structure of the Company, (b) any merger,
        consolidation, spin-off, split-off, spin-out, split- up, separation,
        reorganization, partial or complete liquidation, or other distribution
        of assets, issuance of rights or warrants to purchase stock, or (c) any
        other corporate transaction or event having an effect similar to any of
        the foregoing. Moreover, in the event of any such transaction or event,
        the Committee, in its discretion, may provide in substitution for any or
        all outstanding awards under this Plan such alternative consideration as
        it, in good faith, may determine to be equitable in the circumstances
        and may require in connection therewith the surrender of all awards so
        replaced, except that in no event shall the Committee substitute such
        alternative consideration that would disqualify this Plan as an
        "employee stock purchase plan" within the meaning of Section 423 of the
        Code. The Committee may also make or provide for such adjustments in the
        number or kind of shares of the Common Stock or other securities which
        may be sold under the Plan as the Committee in its sole discretion,
        exercised in good faith, may determine is appropriate to reflect any
        transaction or event described in clause (a) of the preceding sentence.

                   The grant of an option pursuant to the Plan shall not affect
        in any way the right or power of the Company to make adjustments,
        reclassifications, reorganizations or changes in its capital or business
        structure or to merge or to consolidate or to dissolve, liquidate or
        sell or transfer all or any part of its business or assets.

                   (i) RIGHTS AS A STOCKHOLDER. An optionee shall have no rights
        as a stockholder with respect to any Common Stock covered by his option
        until the exercise date following payment in full. No adjustment shall
        be made for dividends (ordinary or extraordinary, whether in cash,
        securities or other property) or distributions or other rights for which
        the record date is prior to the date of such exercise, except as
        provided in Section 5(h) of the Plan.

                   (j) NONDISTRIBUTION PURPOSE. Unless the Common Stock subject
        to options under the Plan is registered under the Securities Act of
        1933, as amended (the "Securities Act"), each option under the Plan
        shall be granted on the condition that the purchases of stock thereunder
        shall not be made with a view to resale or distribution or any
        participation therein. Resales of such stock without registration under
        the Securities Act may not be made unless, in the opinion of counsel for
        the Company, such resale is permissible under the Securities Act and any
        other applicable law, regulation or rule of any governmental agency.

                                        5

<PAGE>   6

                   (k) FRACTIONAL SHARES. An employee's option may be exercised
        to purchase fractional shares of Common Stock under the Plan. The
        Company, however, shall have the right to pay cash in lieu of any
        fractional shares of Common Stock to be distributed from an employee's
        account under the Plan.

                   (l) OTHER PROVISIONS. The option agreements authorized under
        the Plan shall contain such other provisions as the Committee may deem
        advisable, provided that no such provisions may in any way be in
        conflict with the terms of the Plan.

SECTION 6.  TERM OF PLAN

         Options granted pursuant to the Plan shall be granted within a period
of 10 years from the date the Plan was adopted by the board of directors of
Roadway Express, Inc.

SECTION 7.  AMENDMENT OR TERMINATION OF THE PLAN

         The Plan may be amended from time to time by the Board of Directors of
the Company, but without further approval of the stockholders, no such amendment
shall increase the aggregate number of shares of Common Stock that may be issued
and sold under the Plan (except that adjustments authorized by the last sentence
of the first paragraph of Section 5(h) of the Plan shall not be limited by this
provision) or change the designation of Section 3 of the class of employees
eligible to receive options. Furthermore, the Plan may not, without further
approval of the stockholders, be amended in any manner that would cause options
issued under it to fail to meet the requirements applicable to "employee stock
purchase plans" as defined in Section 423 of the Code. The Plan may be
terminated at any time by the Board of Directors of the Company, subject to the
rights of outstanding optionees.

SECTION 8.  APPLICATION OF FUNDS

         The proceeds received by the Company from the sale of Common Stock
pursuant to options granted under the Plan shall be used for general corporate
purposes.

SECTION 9.  APPROVAL OF STOCKHOLDERS

         The Plan became effective on January 1, 1996 upon approval of the
holders of a majority of the shares of Common Stock of Roadway Express, Inc. on
December 22, 1995.

SECTION 10.  OPTIONS GRANTED PRIOR TO MAY 30, 2001

         Options granted before May 30, 2001 are covered by the terms of the
Plan in effect before this amendment and restatement.

                                        6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00027-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00027-of-00352.parquet"}]]