HOUSTON, Aug. 18 /PRNewswire/ -- Eagle USA Airfreight, Inc.
(Nasdaq: EUSA), announced today that its wholly-owned subsidiary, Eagle
Freight Services, Inc. has been named the local Houston logistics partner for
Houston-based Compaq Computer Corporation. Under the expected new three-year
contract, Eagle will continue to serve as Compaq's local dedicated fleet
operator responsible for managing various aspects of the local pickup and
delivery operation, including dispatching, equipment, route planning,
cost control, information systems management and security.
Under an existing five-year agreement, Eagle continues to act as the
primary carrier for Compaq's domestic heavyweight air freight shipments.
Eagle USA Airfreight's dedication to providing superior flexibility and
fewer shipping restrictions on a price competitive basis has made it a leading
provider of airfreight forwarding and other transportation and logistics
services. Its network of 68 terminals features state-of-the-art information
systems to maximize cargo management efficiency and customer satisfaction.
The Company's shares are traded on the Nasdaq National Market under the
symbol "EUSA."
The statements in this press release, that include, but are not limited
to Eagle's expected contract, and services to be provided to Compaq and any
other statements which are not historical facts are forward looking
statements. The level of future services which may be provided by Eagle USA
to Compaq and any impact of such services on Eagle's financial condition and
results of operations is subject to numerous risks and uncertainties
including, but not limited to, whether the parties finalize a contract with
respect to their relationship and terms of such contract, the uncertainty of
Compaq's selection of Eagle from among Compaq's several carriers for the
transportation of freight, risk and uncertainties relating to Eagle's
business, as well as other factors detailed in Eagle's filings with the
Securities and Exchange Commission.
SOURCE Eagle USA Airfreight, Inc.
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Related links:
http://www.eagleusa.com
CONTACT:
Douglas A. Seckel, Chief Financial Officer,
281-618-3420 or Mike Slaughter, Director of Investor Relations,
281-618-3428, or e-mail, mslaught@eagleusa.com, both of Eagle USA
NOTE TO EDITORS: For more information about EUSA via fax dial
1-800-PRO-INFO and enter the ticker symbol -- EUSA.
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