EGL Inc. Reports First-Quarter Income, Revenue Gains
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EGL, which operates under the name EGL Eagle Global Logistics, is ranked No. 19 on the Transport Topics Logistics 50 listing of the largest U.S. and Canadian logistics companies.
ransportation and logistics firm EGL Inc. reported first-quarter net income of $11.1 million or 27 cents a share, up from $7.2 million or 14 cents a year ago.
Revenue rose 7% to $701 million on increased air, ocean and logistics activity, the company said late Monday.
“Our first quarter results represent a very good start for 2006 in what traditionally has been our seasonally weakest quarter from both a revenue and earnings perspective,” Chief Executive Officer Jim Crane said in a statement.
