Parallel Systems is building autonomous electric rail for short-distance freight

The business of moving goods in the United States is dominated by trucks, which handles 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 […]

Apr 11, 2025 - 17:01
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Parallel Systems is building autonomous electric rail for short-distance freight
The business of moving goods in the United States is dominated by trucks, which handles 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 […]