DP World and Virgin Hyperloop One have partnered to launch DP World Cargospeed, aiming to provide hyperloop-enabled cargo systems to transport palletised cargo.
The new company will cater to high-priority on-demand goods, delivering freight at the speed of flight and closer to the cost of trucking.
In particular, it will focus on time-sensitive goods such as fresh food, medical supplies and electronics, connecting with existing transport modes of road, rail and air.
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