Kuehne + Nagel, one of the world's leading global logistics providers, has been contracted by Terex Aerial Work Platforms (AWP), a business segment of Terex Corporation, to provide global transportation management and supporting services for its North American Genie® aerial work platform equipment and Terex® light towers.

Kuehne + Nagel will provide integrated management of global transportation operations for one of the largest business segments of Terex Corporation. Kuehne + Nagel will serve as the single point of contact to Terex AWP in North America for a wide variety of management functions including: transportation planning and management, global performance measurement of logistics service providers, freight settlement, and continuous improvement projects.

Our relationship with Kuehne + Nagel will provide Terex AWP with improved customer service and responsiveness to support continued growth of our North American business, meet our evolving customer and business requirements, and have a more flexible, cost effective logistics infrastructure, said Howard Wilkinson, Vice President Global Logistics, Distribution & Trade, Terex AWP.

Terex Corporation is a diversified global manufacturer of a broad range of equipment that is focused on delivering reliable, customer-driven solutions for many applications, including construction, infrastructure, quarrying, mining, shipping, transportation, refining, utility and manufacturing industries. The company's business segments include: Aerial Work Platforms; Construction; Cranes; Material Handling and Port Solutions; and Materials Processing.

Kuehne + Nagel's integrated transportation management solution will help Terex AWP to achieve its objectives of increased operational control, process standardization and cost reduction through shipment optimization and process improvements.

Today, equipment manufacturers are under intense cost pressure and global competition to increase product and service solutions while reducing costs, said Peter Haver, Senior Vice President Kuehne + Nagel Integrated Logistics North America. We are pleased to work with Terex AWP in North America to provide a global transportation management solution that will allow expanded and cost effective services to global customers and support its future growth objectives.