ShipXpress Acquires FreightCar America’s Rail Fleet Management Software Services Business

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ShipXpress Inc. officially announced its acquisition of the Rail Fleet Management Software Services business of FreightCar America

This acquisition is a key piece of our strategy to lead the market with the highest standards for rail fleet management software solutions” said CEO of ShipXpress, Charith Perera.

The acquired business provides software services for rail car maintenance management and car repair billing. ShipXpress will continue to support all of the current customers of the business without interruption and plans to integrate the acquired software platform with its existing suite of rail fleet management and maintenance solutions. Future enhancements are also planned consistent with ShipXpress’ leading position in Rail Fleet Management and Rail Compliance.

ShipXpress has appointed former FreightCar professionals, Seth Crespin to Vice President of Business, Strategic Development and Technology Services and Carol Scarborough to Director of RailSync Shop and ShipX Repairs and Elizabeth Kovach to Account Manager.

“This acquisition is a natural evolution from a long and successful partnership that ShipXpress has had with FreightCar America. The rail services market is clamoring for ways to drive greater efficiencies from rail assets and improve risk management and compliance. We see this as a fantastic opportunity to increase the depth and breadth of our offerings in this area. This acquisition is a key piece of our strategy to lead the market with the highest standards for rail fleet management software solutions” said CEO of ShipXpress, Charith Perera.

About ShipXpress Inc.
ShipXpress is the premier provider of cloud-based software solutions which enable industrial and commodities businesses to efficiently operate and collaborate with their supply chain partners. Major US and Canadian Railroads and Fortune 500 companies in the energy, agriculture, chemicals and metal industries depend on ShipXpress to deliver customized supply chain solutions. We provide collaborative software systems to help businesses of all types and sizes manage data, simplify manual processes and improve business analysis.

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Seth Maerowitz
ShipXpress Inc.
+1 (904) 241-5850 Ext: 240
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