This is read by an automated voice. Please report any issues or inconsistencies here. The Los Angeles startup Parallel Systems has raised $100 million to develop autonomous, electric freight trains ...

The company's other main driver is its transport solutions segment, which is driven by sales of motion control components for railroad vehicles, aircraft, marine vessels, and commercial vehicles.

TRAVERSE CITY - They're the little engines that couldn't, wouldn't and haven't moved. An assortment of railroad vehicles - a diesel engine, box car and rail car - parked near Lake Avenue sparked the ...

Paul Zimmermann is feeling some deja vu these days. His new-car inventory at Matick Chevrolet in Redford last month was nearly as thin as it was during the semiconductor chip shortage two years ago.