LONG BEACH, Calif. — With testing of its Mark 1 prototype complete, Parallel Systems has turned to building and testing the next iteration of its autonomous rail initiative.
And at the Intermodal Association of North America (IANA) annual meeting here, Parallel CEO Mark Soule said the startup’s goal is not just to make existing rail capacity autonomous and battery-powered. It is to displace trucks on some short-haul to medium-haul lanes, with a particular focus on staying ahead of gains being...