Exhibit 7.02
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                                February 27, 2007


Special Committee of the Board of Directors
EGL, Inc.
15350 Vickery Drive
Houston, TX 77032

Ladies and Gentlemen:

         I, together with affiliates of The Woodbridge Company Limited
("Woodbridge") and investment funds affiliated with Centerbridge Partners, L.P.
("Centerbridge" and collectively with Woodbridge, the "Sponsors"), am pleased to
propose to acquire by merger for a purchase price of $36 in cash per share all
of the outstanding common stock of EGL, Inc. (the "Company"). This proposal
would provide shareholders the same consideration offered in the proposal to
acquire the Company made on January 2, 2007, which constituted a 21% premium
over the closing price of the Company's common stock on the last business day
before such date.

         As before, I and members of the Company's senior management would
participate in the proposed transaction by making a significant equity
investment as well as continuing in our officer positions with the Company
following the transaction. I would continue as Chairman and CEO following the
transaction, and we also expect that the Company's key senior management team
would remain in place. We clearly anticipate continuing to run the business in
accordance with our current practice and maintaining the Company's valuable
employee base, which we view as one of its most important assets.

         The transaction would be financed through a combination of equity from
investment funds affiliated with the Sponsors and equity investments by myself
and members of our senior management team and approximately $1.175 billion of
debt financing to be arranged by Merrill Lynch, Pierce, Fenner & Smith
Incorporated and The Woodbridge Company Limited.

         A draft merger agreement has been previously provided to you. We are
also providing to you concurrently herewith forms of debt and equity commitment
letters for amounts necessary to effect the transaction. The financing expiry
dates in all of the commitment letters will correspond to the drop dead dates in
the merger agreement. We are prepared to move very quickly to finalize the
definitive transaction and related documents. We believe that we offer a high
degree of closing certainty and that we are well positioned to negotiate and
complete the transaction in an expedited manner. We do not anticipate that any
regulatory approvals will be impediments to closing.

         Of course, no binding obligation on the part of the undersigned or the
Company shall arise with respect to the proposal or any transaction unless or
until a definitive merger agreement is satisfactory to all parties and
recommended by the Special Committee and approved by the Board of Directors and
is executed and delivered.








         Our entire team looks forward to working with the Special Committee and
its legal and financial advisors to complete a transaction that is attractive to
the Company's public shareholders. Should you have any questions, please contact
us.

                                                Sincerely,


                                                /s/James R. Crane
                                                --------------------------------
                                                James R. Crane






THE WOODBRIDGE COMPANY LIMITED



By:/s/  Sarah K. Lerchs
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Name: Sarah K. Lerchs
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Title: Senior Counsel
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CENTERBRIDGE PARTNERS, L.P.



By: /s/Jason Mozingo
   ---------------------------------
Name: Jason Mozingo
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Title: Authorized Signatory
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