CIRCLE SHAREHOLDERS OK MERGER WITH EGL

CIRCLE SHAREHOLDERS OK MERGER WITH EGL    Circle International Group Inc. shareholders Wednesday approved the proposed merger with EGL Inc.
'    Following completion of the transaction, by Oct. 2, James R. Crane will serve as chairman and chief executive officer of the combined companies, which will operate under the brand name EGL Eagle Global Logistics. Peter Gibert, interim chairman and CEO of Circle, will join EGL's board.
   Circle, based in San Francisco, has 4,900 employees and more than 300 offices in 100 countries. The company, with annual revenue of more than $800 million, provides air and ocean freight forwarding, customs brokerage, materials management, warehousing and integrated logistics and supply chain management services.
   Houston-based EGL, provides air freight forwarding and other transportation and logistics services through a network of 92 terminals in nine countries. The company's 1999 revenue totaled $595 million.