Parallel's rail cars do not need a locomotive — they are individually powered. Parallel Systems, an electric rail vehicle maker founded by three SpaceX veterans, picked up nearly $50 million in Series ...
Following Federal Railroad Administration (FRA) approval in April and launch of Phase 1 in June, Parallel Systems, in partnership with Genesee & Wyoming (G&W), has transitioned to Phase 2 of its first ...
Genesee & Wyoming Inc. (G&W) subsidiaries Georgia Central Railway, L.P. (GC) and Heart of Georgia Railroad, Inc. (HOG) on Aug. 10 filed a petition with the Federal Railroad Administration (FRA) to ...
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 ...
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