HOUSTON, Feb. 20 /PRNewswire-FirstCall/ -- EGL, Inc. (Nasdaq: EAGL)
will announce its fourth quarter 2006 earnings after the market closes
Tuesday, February 27, 2007 and will host a conference call for shareholders
and the investing community on Wednesday, February 28, 2007. The conference
call will be held at 11 a.m. Eastern Time (8 a.m. Pacific) to review
results for the quarter ended December 31, 2006.
The call can be accessed by dialing (719) 457-2657, access code
1145649. Callers are requested to dial in at least 5 minutes before the
start of the call. The call will also be available through live webcast on
the company's website, http://www.eaglegl.com .
An audio replay will be available until Wednesday, March 14, 2007 at
(719) 457-0820 access code 1145649.
Founded in 1984, Houston-based EGL, Inc. operates under the name EGL
Eagle Global Logistics. EGL is a leading global transportation, supply
chain management and information services company dedicated to providing
superior flexibility and fewer shipping restrictions on a price competitive
basis. Its network of over 400 terminals in 100 countries features
state-of-the-art information systems designed to maximize cargo management
efficiency and customer satisfaction. With 2005 revenues exceeding $3.1
billion, EGL's services include air and ocean freight forwarding, customs
brokerage, local pickup and delivery service, materials management,
warehousing, trade facilitation and procurement, and integrated logistics
and supply chain management services. The Company's shares are traded on
the NASDAQ National Market under the symbol "EAGL".
CAUTIONARY STATEMENTS
The statements in this press release (and statements in the conference
call referred to above) regarding projected revenue growth, profitability
and earnings per share (including guidance), other future results capital
expenditure levels, growth opportunities, yield improvement, increased
efficiencies, improvements in operating and financial systems, effective
tax rates, our ability to pass-through fuel costs, expected insurance
recoveries, stock repurchases, any proposal, offer, or future transaction
and other statements that are not historical facts, are forward looking
statements. These statements involve risks and uncertainties including, but
not limited to, market conditions, availability and terms of any
alternative equity financing, availability of other acquisition financing,
approval of any offer or strategic alternative by the special committee and
board, the Company's financial results and performance, actions by Mr.
Crane or other bidders with respect to any future bid, our ability to
manage and continue growth, risks associated with operating in
international markets, events impacting the volume of international trade,
our ability to comply with rules relating to the performance of U.S.
government contracts, fuel shortages and price volatility of fuel, seasonal
trends in our business, currency devaluations and fluctuations in foreign
markets, our effective income tax rate, our ability to upgrade our
information technology systems, protecting our intellectual property
rights, heightened global security measures, availability of cargo space,
increases in the prices charged by our suppliers, competition in the
freight industry and our ability to maintain market share, material
weaknesses within our internal controls, dependence on our founder,
liability for loss or damage to goods, the results of litigation, exposure
to fines and penalties if our owner/operators are deemed to be employees,
failure to comply with environmental, health and safety, and criminal laws
and regulations and governmental permit and licensing requirements and
other factors detailed in risk factors and elsewhere the Company's Annual
Reports on Form 10-K and other filings with the Securities and Exchange
Commission. Should one or more of these risks or uncertainties materialize
(or the consequences of such a development worsen), or should underlying
assumptions prove incorrect, actual outcomes may vary materially from those
forecasted or expected. The Company disclaims any intention or obligation
to update publicly or revise such statements, whether as a result of new
information, future events or otherwise.
SOURCE EGL, Inc.
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Related links:
http://www.eaglegl.com
CONTACT:
Michael D. Slaughter, Vice President Finance
of EGL, Inc., +1-281-618-3428
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