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Eagle spreads.(News Updates)(Eagle Global Logistics looks to grow)(Brief Article)

Air Cargo World

| December 01, 2003 | COPYRIGHT 1991 All Rights Reserved. (Hide copyright information)Copyright

Long-troubled forwarder Eagle Global Logistics thinks it has fixed its problems at home and is now looking for more growth abroad.

Houston-based EGL said that its net profit in the third quarter slipped slightly to $5.6 million but that net revenue grew 7 percent over last year and that all its geographic areas were profitable, including North America. EGL's operating profit in North America more than doubled to $5.5 million and the domestic shipment count jumped 18 percent, giving EGL more confidence that it will reap more gains as the United States economy improves.

At the same time, the forwarder …

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