Parallel Systems

(Logo Courtesy of STB)

For STB, an Earful on Freight Rail Growth

The Surface Transportation Board (STB) on Sept. 16-17 held a public hearing regarding growth in the freight rail industry. The objective, it said, was to better understand “how the industry has grown and intends to grow.” Railroads and related organizations offered insights and in some cases a dose of skepticism.

Pictured: Parallel’s prototype railcar loaded with a shipping container. (Photo courtesy of Parallel Systems)

Parallel Systems Wins $4.4MM DOE Grant

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 distributing a total of $175 million to 68 projects through the Advanced Research Projects Agency-Energy (ARPA-E).