GE Transportation acquired ShipXpress, a Neptune Beach-based supply chain technology company, Tuesday.
ShipXpress provides cloud-based solutions for transportation and industrial businesses.
Neither company released details on the transaction.
The plan, according to GE Transportation President and CEO Jamie Miller, is to add ShipXpress’ software capabilities to GE’s technology platform Predix, which is also an industrial cloud-based platform.
“Our combined capabilities will help short-line railroads better analyze their rail operations, car accounting and supply chain information, and deliver a data-rich path to ongoing performance improvement, asset and operations optimization,” Miller said in a statement.
ShipXpress was founded in 2000 and went international with an office in Sri Lanka in 2003.
One of the company’s products, ShipX Portal, which monitors shipments across various industries, was recognized as a Top 100 Supply Chain Project earlier this year by Supply and Demand Chain Executive.