Dubai port operator, Hyperloop team up on high-speed cargo delivery
Dubai's giant port operator DP World on Sunday joined hands with Virgin Hyperloop One to create a global firm that will build high-speed cargo delivery systems. The new company, DP World Cargospeed, will create futuristic transport systems using Hyperloop's tube-based technology to deliver goods and link existing road, rail and air transport infrastructure. Sultan Ahmed bin Sulayem, head of state-owned DP World, said the partnership with Hyperloop, backed by British tycoon Richard Branson, would help "shape the future of global logistics".
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