Parallel Systems is preparing to test its autonomous-railcar technology in the Peach State after raising $38 million in growth capital, as the startup aims to give railroads the means to take ...

The business of moving goods in the United States is dominated by trucks, which handle about two-thirds of the 20.2 billion tons of freight that’s transported annually. Parallel Systems founder ...

The HybriDrive parallel system, in final stages of development, will see its first road trials next spring and is expected to be deployed in markets around the world in 2012.