HOUSTON, July 2 /PRNewswire-FirstCall/ -- EGL, Inc. (Nasdaq: EAGL)
announced that Mark Malambri, 46, has joined the Company as its new Vice
President of Global Ocean Services.
Prior to joining EGL, Malambri served as the President of Maersk Customs
Services, Inc., a division of Maersk Logistics. Over his 22 year career with
Sealand Services Inc. and Maersk Sealand, Malambri held a variety of senior
positions, including President of Maersk Gulf Ltd. and President of Sealand
Logistics in Hong Kong.
"I am excited to join such a dynamic and progressive organization," said
Malambri. "As both a traditional ocean freight forwarder and ocean
transportation intermediary, EGL offers a variety of value-added flexible
service options to its customers. I look forward to achieving an even higher
level of excellence and performance."
"We are pleased that Mark decided to join EGL. He will be an excellent
addition to our already strong management team," said EGL Chairman and Chief
Executive Officer, James R. Crane. "He has the right kind of experience we
are looking for to enhance our ocean services, and I am positive he will make
an immediate impact on our organization."
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. With 2003
revenues exceeding $2.17 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".
FORWARDING LOOKING STATEMENTS
The statements in this press release which are not historical facts, are
forward looking statements. Such statements involve risks and uncertainties
and other factors detailed in the company's most recent 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.
SOURCE EGL, Inc.
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Related links:
http://www.eaglegl.com
CONTACT:
Elijio Serrano, Chief Financial Officer of
EGL, Inc., +1-281-618-3665
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