The business of moving goods in the United States is dominated by trucks, which handle about two-thirds of the 20.2 billion tons of freight that’s transported annually. Parallel Systems founder and ...
A California startup co-founded by three former SpaceX engineers has emerged from stealth with a plan to build autonomous electric vehicles to haul freight by rail, and has raised a sizable pot of ...
LOS ANGELES, April 14, 2025 /PRNewswire/ -- Parallel Systems, the world's first autonomous battery-electric rail system, will launch its first commercial pilot in April after securing approval from ...
Each day, thousands of trucks leave the shipping ports in Los Angeles and Long Beach hauling containers full of furniture, clothing, electronics, and other imports from Asia. The trucks, running on ...
Ex-SpaceX engineer Matt Soule believes his autonomous rail cars could help ease the trucker shortage. Parallel Systems' rail freight cars could take over long-haul cargo routes from truckers, he said.
Parallel Systems is preparing to test its autonomous-railcar technology in the Peach State after raising $38 million in growth capital, as the startup aims to give railroads the means to take business ...
The Federal Railroad Administration (FRA) has conducted a preliminary review of a request submitted on Aug. 10, 2023, by Genesee & Wyoming Inc. (G&W) subsidiaries Georgia Central Railway, L.P. (GC) ...
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