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 ...

Autonomous rail vehicle company Parallel Systems says it has publicly demonstrated how its rail vehicles connect with each other via bumper to bumper at its test track in Southern California. This ...

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 ...

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 ...

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.