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 ...
Second generation Parallel Systems autonomous-electric rail vehicle. Vehicle is designed to carry cargo containers that might otherwise by transported by trucks or traditional freight trains. No ...
Mile-long, slow-moving diesel trains loaded with cargo chugging slowly across the U.S. could be a thing of the past one day if stealth startup Parallel Systems has its way. The Los Angeles company ...
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 ...
A former SpaceX engineer who's now developing self-driving electric freight train cars says the technology could help alleviate the nationwide trucker shortage. Matt Soule, cofounder and CEO of ...
Matt Soule, the co-founder and CEO of Parallel Systems, worked at SpaceX for 13 years and left in July 2019. Moving freight by rail takes far less energy than moving the same freight by long haul ...