Parallel Systems is building autonomous electric rail for short-distance freight
: fre apr 11, 2025 4:00 pm
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 CEO, Matt Soule, wants to change that by putting a modern autonomous and electric twist on the centuries-old railroad system. The Los Angeles-based company […]
Source: https://techcrunch.com/2025/04/11/paral ... e-freight/
Source: https://techcrunch.com/2025/04/11/paral ... e-freight/