UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, ~~D.C.~~DC 20549

FORM 8-K

CURRENT REPORT PURSUANT

~~Pursuant~~TO toSECTION ~~Section~~ 13 orOR 15(dD) ofOF ~~the Securities Exchange Act of 1934~~THE

~~Date~~SECURITIES ofEXCHANGE ~~Report~~ACT ~~(Date~~OF ~~of earliest event reported): January 2, 2007~~1934

Date of report (Date of earliest event reported): February 1, 2007

EGL, Inc.

(Exact ~~name~~Name of ~~registrant~~Registrant as ~~specified~~Specified in ~~its~~Its ~~charter~~Charter)

Texas	000-27288	76-0094895
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

Texas

15350 Vickery Drive, Houston, Texas	77032
(Address of principal executive offices)	(Zip Code)

(State or Other Jurisdiction of Incorporation)

~~Registrant's telephone number, including area code: (281) 618~~000-~~3100~~ 27288

76-0094895

(Commission File Number)

(IRS Employer Identification No.)

15350 Vickery Drive, Houston, Texas

77032

(Address of Principal Executive Offices)

(Zip Code)

(281) 618-3100

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 81.01 Entry into a Material Definitive Agreement.

~~Other~~On ~~Events~~February 1, 2007, EGL, Inc. ("EGL") announced that it had named Bruno Sidler as President – Europe, Middle East and Africa Region of the company, effective February 1, 2007. A description of the offer letter dated October 18, 2006 and executed on November 1, 2006 between EGL and Mr. Sidler is included in Item 5.02 of this report, and is incorporated herein by reference. A copy of the Company’s press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

OnItem ~~January 2, 2006, EGL, Inc~~5.02 ~~(the~~Departure ~~“Company”) announced that its board~~ of ~~directors~~Directors ~~had~~or ~~received~~Principal aOfficers; ~~letter~~Election ~~from James R. Crane, Chairman~~ of ~~the~~Directors; ~~Board~~Appointment ~~and Chief Executive Officer~~ of ~~the~~Principal ~~Company, that he and General Atlantic LLC propose to acquire all of the outstanding equity interests of the Company for $36~~Officers.~~00 per share in cash. Mr. Crane presently beneficially owns approximately 18% of the Company’s outstanding shares.~~

~~The~~On ~~Company’s~~February ~~board~~1, of2007, ~~directors~~EGL ~~has~~announced ~~formed~~that ait ~~special~~had ~~committee~~named ofBruno ~~independent~~Sidler ~~directors~~as toPresident ~~review~~– ~~and evaluate the proposal~~Europe, ~~consistent~~Middle ~~with~~East ~~its~~and ~~fiduciary~~Africa ~~duties.~~Region ~~The~~of ~~committee~~the ~~has~~company, ~~retained~~effective ~~independent~~February ~~legal~~1, ~~counsel~~2007. Mr. ~~and~~Sidler ~~will~~has ~~engage~~more ~~independent~~than ~~financial~~25 ~~advisors~~years toexperience ~~assist it~~ in ~~its work. The board of directors cautions~~ the ~~Company’s~~logistics ~~shareholders~~industry, ~~and~~including ~~others~~serving ~~considering~~from ~~trading~~1998 into ~~its~~2006 ~~securities~~as ~~that it has only received~~ the ~~proposal~~President and ~~that~~Chief noExecutive ~~decisions~~Officer ~~have been made by the board~~ of ~~directors with respect to Company’s response to~~ the ~~proposal.~~Panalpina ~~There~~Group ~~can~~based bein ~~no assurance that any definitive offer will be made, that any agreement will be executed or that this or any other transaction will be approved or consummated~~Switzerland.

AEGL ~~copy~~and ofMr. ~~the~~Sidler ~~press~~have ~~release~~entered isinto ~~filed~~an asoffer ~~Exhibit~~letter ~~99.1~~dated toOctober ~~this~~18, ~~Form~~2006 ~~8-K~~ and ~~incorporated~~executed ~~into~~on ~~this~~November ~~Item~~1, 82006.01 byUnder ~~reference~~the terms of the offer letter, Mr. ~~The~~Sidler ~~press~~will ~~release~~be ~~sets~~paid ~~out~~an ~~the~~annual ~~text~~base salary of ~~the~~$450,000, ~~proposal~~and ~~letter~~will be eligible for a signing bonus of $250,000 paid after 30 days of employment. Mr. Sidler will also be eligible to participate in the ~~Company~~company’s ~~board~~Incentive Bonus Plan for Executive Management Employees, with a target annual bonus of ~~directors~~100% of his base salary.

In accordance with the offer letter, the Compensation Committee of EGL's Board of Directors has approved an award to Mr. Sidler of an option to purchase 200,000 shares of EGL common stock, which will vest over three years and have an exercise price equal to the fair market value of the common stock on the date of grant. In addition, the Compensation Committee of EGL's Board of Directors has approved an award to Mr. Sidler of 10,000 shares of EGL common stock which carry a restriction on disposition that lift in three equal annual installments. Mr. Sidler will also receive benefits comparable to other management employees of EGL, including health, life and disability insurance and a car allowance.

Pending execution of a Change of Control Agreement, Mr. Sidler will be entitled to receive certain severance payments following certain circumstances involving a change of control of the company.

Item 9.01

Financial Statements and Exhibits.

99.1

Press release, dated ~~January~~February 21, 2007, ~~announcing~~reporting ahiring ~~proposal~~of ~~by James R. Crane and General Atlantic LLC to take~~ the Company’s ~~private~~new ~~and~~President ~~purchase~~- ~~from~~Europe, ~~the~~Middle ~~shareholders~~East ~~all~~and ~~outstanding~~Africa ~~stock of the Company~~Region.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: ~~January~~February 2, 2007

EGL, INC.

By:

/s/ ~~James~~Dana ~~R. Crane~~Carabin

~~James~~Dana ~~R. Crane~~Carabin

~~Chief~~General ~~Executive~~Counsel ~~Officer~~and Secretary

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