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.

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 ...

Parallel's rail cars do not need a locomotive — they are individually powered. Parallel Systems, an electric rail vehicle maker founded by three SpaceX veterans, picked up nearly $50 million in Series ...

Los Angeles, Calif.-based Parallel Systems on Sept. 12 introduced its second-generation autonomous battery-electric freight car, which it plans to pilot test on existing U.S. and international rail ...

Parallel Systems, a company founded by three former SpaceX engineers to build autonomous battery-electric rail vehicles, came out of stealth mode on Wednesday with a $49.55 million Series A raise. The ...

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 ...

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 ...

Parallel Systems, an electric railroad startup, said on Wednesday it has raised $49.55 million in Series A funding to build autonomous battery-electric rail vehicles to move freight. What Happened: ...

Los Angeles, Calif.-based Parallel Systems on Dec. 20 released a video of its new autonomous battery-electric freight cars, which it said showed them “successfully platooning,” or “connecting with one ...

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SAVANNAH, Ga.--(BUSINESS WIRE)--Georgia Central Railway, L.P. (GC) and Heart of Georgia Railroad, Inc. (HOG), subsidiaries of Genesee & Wyoming Inc. (G&W), today filed a petition with the Federal ...

Trains are a popular theme in music - rock legends like Ozzy Osborne, Aerosmith, Bruce Springsteen, The Rolling Stones, Jimi Hendrix and The Doobie Brothers, and artists in other genres like Cat ...