EGL Eagle Global Logistics Selected to Partner With LOUD Technologies Inc.
EGL Eagle Global Logistics Selected to Partner With LOUD Technologies Inc.
HOUSTON, Sept. 5 /PRNewswire-FirstCall/ -- EGL Eagle Global Logistics (NASDAQ:EAGL), today announced the company has recently been chosen to partner with LOUD Technologies Inc., one of the world's largest distributors of branded pro audio and music products. The new two-year, multi-million dollar contract designates EGL as the primary supplier of domestic air services for North America, including major domestic origins in Seattle, Boston and St. Louis.
LOUD Technologies, which produces a wide range of musical instruments and professional audio products, will utilize EGL's flexibility and expertise in providing ground and expedited services for the musical equipment distribution industry. With the addition of two major shipping locations, EGL is expected to transport several million pounds of miscellaneous music equipment.
"At EGL, our personal commitment is to ensure that LOUD Technologies is successful in meeting its goal to improve customer service by enhancing the efficiency of its national distribution chain," said Joe Bento, President of North America and Chief Marketing Officer for EGL Eagle Global Logistics. "We share LOUD Technologies' philosophy in being easy to do business with and look forward to providing a simple, personalized logistics plan to help maximize its domestic distribution system."
An influential factor in LOUD Technologies decision to award the contract to EGL was the company's ability to significantly reduce costs by consolidating its large vendor carrier network. By incorporating a comprehensive range of flexible delivery options, EGL expects LOUD Technologies to benefit immediately from enhanced transit times, reduced costs and improved communications.
About EGL, Inc.
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 2005 revenues exceeding $3.1 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".
About LOUD Technologies Inc.
LOUD Technologies Inc. (http://www.loudtechinc.com/ ) is one of the world's largest manufacturers and distributors of professional audio and music products. As the corporate parent for world-recognized brands including Alvarez, Ampeg, Crate, EAW, Knilling, Mackie, SIA and TAPCO, LOUD Technologies produces and distributes a wide range of digital recording products, loudspeakers, commercial audio systems, audio and music software, guitars, guitar and bass amplifiers, and orchestral string instruments. LOUD Technologies' brands can be found in professional and project recording studios, video and broadcast suites, post-production facilities, sound reinforcement applications including churches and nightclubs, and retail locations and on major musical tours.
Source: EGL Eagle Global Logistics
CONTACT: Sherry Amberg, Director Marketing Communications of EGL Eagle
Global Logistics, +1-281-618-3215, or Sherry.Amberg@eaglegl.com
Web site: http://www.eaglegl.com/
http://www.loudtechinc.com/
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