HHLA establishes joint venture with Hyperloop Transportation Technologies
Hamburger Hafen und Logistik AG (HHLA) and Hyperloop Transportation Technologies (HTT), have formed a joint venture in an effort to work towards transporting containers at high speed through a tube to and from the Port of Hamburg.
HTT is one of two companies currently aiming to develop a functional hyperloop – a system that features capsules containing people or goods propelled through a partial-vacuum tube at speeds reaching or even exceeding 1,000 km/h.
The goal of the joint venture is to develop and later market a hyperloop transport system for shipping containers.
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