GE Transportation has purchased ShipXpress, a Cloud-based software solutions provider that helps railways operate smoothly with supply chain partners.
The acquisition has helped GE Transportation expand its digital railway portfolio into the logistics chain, allowing the company to provide new services for freight shippers.
Go deeper with GlobalData
The deal has also enabled GE Transportation to expand its information and transaction offerings for railways.
With the deal, the company will add around 200 technical and software development experts to its workforce.
GE Transportation president and CEO Jamie Miller said: “Our combined capabilities will help short-line railroads better analyse their rail operations, car accounting and supply chain information, and deliver a data-rich path to ongoing performance improvement, asset and operations optimisation.”
See Also:
As well as railways, GE provides equipment, services and solutions to the mining, marine, stationary power and drilling industries.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataShipXpress co-founder and co-CEO Seth Maerowitz said: "Through this integration, we will help our customers achieve the promise of real-time collaboration among trading partners, the industrial internet; greater control, lower costs and increased operational efficiencies."
The software solutions developed by the company will help businesses of all types and sizes manage data, simplify manual processes, and improve analysis.
