FedEx Appoints New COO, Signaling Strategic Shift
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 18 2026
0mins
Should l Buy FDX?
Source: stocktwits
FedEx shares rose 3.00% and reached a 52-week high following the announcement of Scott Ray as the new Chief Operating Officer for U.S. and Canada Surface Operations, effective June 1.
The appointment of Scott Ray, who has extensive experience at FedEx, indicates a strategic shift in upper management aimed at enhancing operational efficiency and customer satisfaction. Ray's leadership will focus on executing initiatives like Network 2.0, which is expected to improve service delivery significantly.
This leadership change is likely to bolster investor confidence in FedEx's operational strategy, potentially leading to improved performance in the logistics sector.
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Analyst Views on FDX
Wall Street analysts forecast FDX stock price to fall
20 Analyst Rating
13 Buy
6 Hold
1 Sell
Moderate Buy
Current: 349.550
Low
210.00
Averages
315.05
High
365.00
Current: 349.550
Low
210.00
Averages
315.05
High
365.00
About FDX
FedEx Corporation provides customers and businesses with a portfolio of transportation, e-commerce, and business services. The Company offers integrated business solutions utilizing its flexible and efficient global network. Its segments include Federal Express, FedEx Freight, and Corporate, other, and eliminations. Federal Express segment includes express transportation, small-package ground delivery, and freight transportation, and it also operates combined sales, marketing, administrative, and information-technology functions in shared service operations for United States customers. FedEx Freight segment includes FedEx Freight (LTL freight transportation) and FedEx Custom Critical (time-critical transportation). Corporate, other, and elimination segments include FedEx Dataworks, Inc. (FedEx Dataworks), FedEx Office and Print Services, Inc. (FedEx Office), and FedEx Logistics, Inc. (FedEx Logistics). FedEx Logistics offers customs brokerage, specialty transportation, and others.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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