Terex extends collaboration with Kuehne + Nagel to Europe
Kuehne + Nagel announces a multi-year contract extension with Terex Corporation, one of the worldwide leading manufacturers of lifting and material processing equipment. The relationship between the two companies started in 2013 and allows Terex to improve transport management control and visibility by leveraging the KN ControlTower capabilities.
The new agreement enlarges this relationship by including all Terex Corporation Business segments, expanding geographical scope to Europe and Asia and embedding the complete supply chain from raw material to end customers. Kuehne + Nagel serves as a single point of contact for Terex.
“This relationship emphasizes the pivotal role our end-to-end logistics solution has in supporting the needs of Terex Corporation’s global business and their customers. Additional digital solutions will allow Terex to include predictive analytics and digital supply chain modelling to create a faster and more predictable supply chain”, says Gianfranco Sgro, member of the Managing Board of Kuehne + Nagel International AG, responsible for Contract Logistics.
KN ControlTower is a Kuehne + Nagel Integrated Logistics product that provides managed services tailored to meet customer needs, simplifying supply chain complexity through integrated end-to-end solutions. It combines the company’s industry expertise, logistics resources and innovative technology to provide essential network coordination that delivers enhanced visibility of the flow of goods, data and payments. This enables customers to optimise logistics operating costs, lead times and inventory levels.
Terex Corporation is a global manufacturer of lifting and material processing products and services that deliver lifecycle solutions to maximize customer return on investment. The Company reports in three business segments: Aerial Work Platforms, Cranes, and Materials Processing.