Best of Bloomberg Intelligence (03/28/2022)

The video discusses FedEx's decision to appoint Raj Subramaniam as the new CEO, a move that was largely expected by the market. The discussion covers the implications of this leadership change, the market's reaction, and the potential impact on various business segments. It also touches on the succession planning process and the challenges faced by the new leadership, particularly in integrating the TNT acquisition.

Discuss the significance of Richard Smith's appointment to head up the express unit.

What challenges might Raj face in his new role as CEO of FedEx?