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Trade Press Release

Cargotec wins a large order for terminal tractors in North America

05/10/2010

CARGOTEC CORPORATION, TRADE PRESS RELEASE, 5 OCTOBER 2010 AT 12.00 NOON EEST

Cargotec has received in the last five months contracts to supply 200 Kalmar terminal tractors to Parsec, Inc - the intermodal division of Cincinnati-based O/B Leasing. The units will come equipped with Cargotec's unique intermodal package which features a special reinforced cab and frame needed to withstand the tough demands of an intermodal operation. The machines will be delivered by the end of first quarter 2011.

During the past two decades, Parsec, Inc has ordered hundreds of Kalmar terminal tractors for its operations in the US, Canada and Mexico. As one of North America's leading providers of contracted terminal management services, Parsec, Inc continues to rely on Cargotec for efficient and reliable trailer spotting solutions.

"As long-time customers of Kalmar terminal tractors for both on- and off-highway applications, we have been continuously satisfied with the performance of our machines," says David Budig, Vice President of Parsec, Inc. "With emission regulations varying from region-to-region, Cargotec has been able to equip our units with the latest technology while accommodating different engine and capacity requirements."

As an example of the two partner's efforts to reduce exhaust emissions at terminals, this latest order includes a significant number of terminal tractors with Cummins ISB6.7 clean idle certified engines.

Parsec, Inc currently operates in over 30 locations throughout North America.


For further information, please contact:

Jim Anastasio, Vice President, Service AMER, tel +1 609 409 2806,

Elizabeth Gibson, Communications Manager, tel. +1 785 229 6336,

Notes to editors

Cargotec improves the efficiency of cargo flows on land and at sea - wherever cargo is on the move. Cargotec's daughter brands, Hiab, Kalmar and MacGregor are recognised leaders in cargo and load handling solutions around the world. Cargotec's global network is positioned close to customers and offers extensive services that ensure the continuous, reliable and sustainable performance of equipment. Cargotec's sales totalled EUR 2.6 billion in 2009 and it employsapproximately 9,500 people. Cargotec's class B shares are quoted on the NASDAQ OMX Helsinki.

Cargotec's expertise in container and heavy load handling is represented in the global marketplace by the wide range of Kalmar solutions. This includes ship-to-shore cranes, yard cranes, shuttle and straddle carriers, reachstackers, empty container handlers, terminal tractors, log stackers and automation. One in four container movements around the globe is handled by a Kalmar machine. Photo caption

A Kalmar terminal tractor.

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