GE buys ShipXpress
GE Transportation has bought ShipXpress, a provider of cloud-based supply chain software solutions. GE Transportation said that the deal will expand its portfolio of solutions for the logistics value chain, “giving it new offerings for shippers, and expanding its ability to deliver information and transaction services for railroad customers around the world”.
“By combining ShipXpress’ innovative software products with GE’s sensing technology and industrial-strength platform Predix, we’ll deliver the industry’s most advanced, scalable cloud-based solution to accelerate the movement of goods and information, and enhance supply chain performance and customer service,” said Jamie Miller, GE Transportation President and CEO.
Raghu Misra, Co-CEO and Co-Founder of ShipXpress, added: “We are thrilled to become part of GE Transportation’s Digital Solutions team and transform the role of rail, truck and other modes of transport in global supply chain management.”