DPW and Virgin partner for hyperloop systems
Port giant DP World has partnered with Virgin to create a company to provide cargo-carriage systems that use a futuristic, high-speed tube-transport method described as the first new major transportation mode in a century.
DP World Cargospeed sees the port operator join up with Virgin Hyperloop One, a business which is working on the development of hyperloop, a freight and passenger-transportation method whereby a pod-like vehicle is propelled magnetically through a near-vacuum steel tube — which has had most of its air removed — with a top speed of 300 metres per second.
This maximum speed means that hyperloop is two to three times faster than high-speed rail, with Virgin Group founder and Virgin Hyperloop One chairman Sir Richard Branson saying that with DP World Cargospeed (whereby hyperloop-enabled cargo systems will support palletised cargo-delivery), a truck journey that takes four days can be done in 16 hours and costs will be greatly reduced.
Additionally, hyperloop, according to the Government of Dubai, has technology that “facilitates autonomous operations designed to reduce human errors and run with minimal delays”, while hyperloop also has fully-electric and zero direct emissions, with Virgin Hyperloop One systems able to be powered by renewable energy.
New company explored
DP World Cargospeed systems, enabled by Virgin Hyperloop One technology, will transport goods that are high priority and time sensitive — including medical supplies, fresh food and electronics.
Existing rail, air and road transport methods will also be connected up with, expanding freight transportation capacity, the Government of Dubai also said.
According to Mr Branson, e-commerce’s growth worldwide “is driving a dramatic shift in both consumer and business behaviour”.
“On-demand deliveries are a novelty today. Tomorrow [they] will be the expectation,” he said.
“DP World Cargospeed systems powered by Virgin Hyperloop One will enable ultra-fast, on-demand deliveries of high-priority goods and can revolutionise logistics, support economic zones and create thriving economic megaregions.”
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