This is read by an automated voice. Please report any issues or inconsistencies here. The Los Angeles startup Parallel Systems has raised $100 million to develop autonomous, electric freight trains ...

Have you ever watched a mile-long freight train rumble by and wondered how one locomotive can pull more than a hundred fully loaded cars? The locomotive weighs maybe 150 metric tons, and each car is ...

Recent advancements in magnetic-levitation (maglev) technology harbor the potential to radically transform the landscape of the freight industry. By integrating maglev technology into existing freight ...

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 ...

After 20 years as an aerospace engineer, including 13 years at SpaceX, Matt Soule sought a new transportation challenge he could channel into a startup. He chose electric battery autonomous freight ...

Tucked away off Highway 126, on a network of railway tracks sometimes used to shoot movies, a local startup is testing what it says is the future of transportation: driverless freight trains. Parallel ...