USA: GE Transportation announced the purchase of ShipXpress on August 30, saying the acquisition of the developer of cloud-based software for the transport, industrial and commodities sectors would expand GE’s portfolio into the logistics value chain and increase its ability to deliver information and transaction services for railway 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 GE Transportation President & CEO Jamie Miller. ‘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.’