GE Buys Software Company to Bolster Rail-Industry Supply Chain

| August 30, 2016

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General Electric Co. agreed to buy ShipXpress Inc., a cloud-based software firm, to bolster its supply chain offerings for railroad customers. The deal will complement GE’s sensor technology and Predix operating system to improve shippers’ ability to move goods and transfer information, GE Transportation said in a statement Aug. 30. Terms weren’t disclosed. “We are very focused on helping better integrate and streamline the broader rail supply chain,” said Seth Bodnar, chief digital officer of GE Transportation. ShipXpress’ capabilities are “really about helping global railways more efficiently and effectively interface with industrial companies that ship goods via rail.” Reproduction, redistribution, display or rebroadcast by any means without written permission is prohibited.

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DEX is in the business of identifying and delivering supply chain solutions at the lowest total cost to our clients by leveraging our engineering, systems, design, and consulting expertise. These infrastructures and core competencies give DEX an unmatched foundation for supply chain solutions. As a provider of supply chain solutions since 1980, DEX offers a variety of forward and reverse logistics programs for high-tech industries. As pioneers in the industry, DEX knows how it works. We have spent years building end-to-end supply chain solutions that include forward and reverse logistics, depot repair, parts procurement, and asset recovery services.

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