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 ...

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 ...

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 ...

Some Shinkansen are carrying perishable freight along with passengers, as railway operators and food producers alike expand ...