HOUSTON, Aug. 22 /PRNewswire/ -- EGL, Inc. (Nasdaq: EAGL), the nation's
largest and fastest growing domestic heavy-weight air freight forwarder, has
signed a multi-million dollar agreement with Harley-Davidson, Inc. (NYSE: HDI)
under which EGL will provide logistics and transportation services for
approximately 65% of all domestic motorcycle deliveries.
EGL has worked with Harley-Davidson over the past two years, and has
steadily increased the level of services it has provided Harley-Davidson over
that period. The relationship underscores EGL's growing capability in
providing logistics services to a wide range of its customers.
"This agreement represents a true alliance with Harley-Davidson by
allowing us to utilize our time-definite domestic ground network to provide
high-level logistics services," said Chairman and CEO James R. Crane. "We're
confident that our involvement will benefit Harley-Davidson by controlling
expenses, improving travel time and greatly improving quality delivery.
Shipments will be handled less, making them more time-definite in nature."
"Eagle has put together a terrific plan for Harley-Davidson that will help
us manage the costs, quality and control of our motorcycle delivery program,"
said David Alamshah, Harley Davidson's Director of Transportation and General
Manager.
Houston-based EGL, Inc. operates under the name EGL Eagle Global
Logistics. EGL'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 92 terminals in nine countries features state-of-
the-art information systems designed to maximize cargo management efficiency
and customer satisfaction. Its fiscal 1999 revenues totaled more than
$595 million. The Company's shares are traded on the Nasdaq National Market
under the symbol "EAGL."
Harley-Davidson, Inc. is the parent company for the group of companies
doing business as Harley-Davidson Motor Company, Buell Motorcycle Company and
Harley-Davidson Financial Services, Inc. Harley-Davidson Motor Company, the
only major U.S.-based motorcycle manufacturer, produces heavyweight
motorcycles and offers a complete line of motorcycle parts, accessories,
apparel, and general merchandise. Buell Motorcycle Company produces sport and
sport-touring motorcycles. Harley-Davidson Financial Services, Inc. provides
wholesale and retail financing and insurance programs to Harley-Davidson
dealers and customers.
For more information about Eagle:
Visit Eagle on the Internet at http://www.eaglegl.com
Contact Eagle Investor Relations via the Internet at mslaught@eaglegl.com
Or by telephone at 281-618-3428, Michael Slaughter, Vice President Investor
Relations.
SOURCE EGL, Inc.
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Related links:
http://www.eaglegl.com
CONTACT:
Mike Slaughter, Vice President, Investor
Relations of EGL, Inc., 281-618-3428
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