Uphill, both ways, in a snowstorm.
That's not how Fedex (FDX) - Get Report and United Parcel Service (UPS) - Get Report are describing their week, but it is how both are navigating the East Coast’s first major winter storm of the year.
Both FedEx and UPS continued to operate at full capacity on Thursday as a nor’easter that moved over Pennsylvania, New York and other northeastern states on Wednesday dumped more than a foot of snow as well as sleet and freezing rain from North Carolina all the way up to Maine.
The storm threatened - but didn't impact - FedEx's or UPS's operations and logistics, which are at full capacity as they each assist in moving critical vaccines on top of an unusually high volume of pre-Christmas packages.
Still, with both companies’ logistics capacity near their respective peaks, analysts and in investors are watching closely for how unforeseen events like weather or an additional surge in deliveries - packages, vaccines, or anything else - could impact operations.
Indeed, how the two companies manage one of the biggest logistical strains in modern history will be part of what analysts and investors will be examining when the companies report their quarterly earnings.