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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 ...

WASHINGTON — The Federal Railroad Administration will allow Parallel Systems to test its autonomous, self-propelled flatcar system on a pair of Genesee & Wyoming short lines in Georgia. The FRA last ...

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.

Culver City, Calif.-based Parallel Systems has been awarded a $4.4 million U.S. Department of Energy (DOE) grant to test its autonomous, battery-electric-powered railcar technology. DOE is ...

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 ...

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 ...

BAE Systems is developing a parallel hybrid propulsion system designed for medium- and heavy-duty truck applications. The parallel system is the latest version of the company's HybriDrive green ...

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 ...