A train that drives itself might sound like the future, but it’s already happening. A Los Angeles startup named Parallel ...

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Parallel Systems, a Culver City, California-based company ...

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 ...

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 ...

Add Yahoo as a preferred source to see more of our stories on Google. Parallel Systems has won Federal Railroad Administration approval to test its autonomous, battery-electric rail cars on Genesee & ...

Culver City, Calif.-based Parallel Systems is testing autonomous battery-electric railcars for short-haul freight operations, and has raised $49.55 million in Series A funds to help build a fleet, ...

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.