EGL, Inc. | Introduction
Introduction
Intercontinental Airport
15350 Vickery Drive
Houston, Texas 77032
U.S.A.
Telephone: (281) 618-3100
Toll Free: (800) 888-4949
Fax: (281) 618-3399
Web site: http://www.eaglegl.com
Public Company
Incorporated: 1984 as Eagle USA Airfreight
Employees: 8,700
Sales: $1.87 billion (2002)
Stock Exchanges: NASDAQ NMS
Ticker Symbol: EAGL
NAIC: 488510 Freight Transportation Arrangement
EGL, Inc. (doing business as EGL Eagle Global Logistics) is a leader in the international freight forwarding and logistics services market. The company has 400 facilities in 100 countries. EGL focuses on shipments larger than those sought by shipping companies and cargo airlines (more than 50 pounds). EGL keeps its costs low and investors happy by owning as few transportation assets as possible.
Air freight forwarding accounts for most of EGL's business; the company also books freight shipments on ships and trucks, and offers logistics and distribution services and customs brokering. Real time shipping data provides essential value for customers in a competitive business. EGL is one of the largest players in a highly fragmented industry. The company merged with Circle International in 2000, adding a huge international presence to one of the largest freight forwarders in the United States.