Parallel Systems aims to revolutionize freight transportation in the U.S. by introducing autonomous electric technology to railroads. Founded by Matt Soule, the company leverages existing rail infrastructure to make rail transport more economically viable for short-distance deliveries. The innovative system allows for autonomous connection and disconnection of train cars, increasing safety and efficiency. Recently, Parallel gained approval from the Federal Railroad Administration to pilot its technology in Georgia, signaling a significant step toward enhancing the underutilized rail freight market.
"We're using a different physical architecture to accomplish truck competitive economics at small scale rather than big scale. The vehicle itself is compatible with existing rail infrastructure."
"Parallel's system makes it less expensive for companies to use rail - not trucks - for short-distance deliveries, addressing the traditional underutilization of rail."
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