• ITVI.USA
    13,762.810
    56.770
    0.4%
  • OTRI.USA
    21.620
    0.140
    0.7%
  • OTVI.USA
    13,739.360
    66.780
    0.5%
  • TLT.USA
    2.650
    0.020
    0.8%
  • TSTOPVRPM.ATLPHL
    2.480
    0.060
    2.5%
  • TSTOPVRPM.CHIATL
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    0.050
    2.3%
  • TSTOPVRPM.DALLAX
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    14.8%
  • TSTOPVRPM.LAXDAL
    2.730
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    6.2%
  • TSTOPVRPM.PHLCHI
    1.440
    0.040
    2.9%
  • TSTOPVRPM.LAXSEA
    2.870
    -0.010
    -0.3%
  • WAIT.USA
    108.000
    5.000
    4.9%
  • ITVI.USA
    13,762.810
    56.770
    0.4%
  • OTRI.USA
    21.620
    0.140
    0.7%
  • OTVI.USA
    13,739.360
    66.780
    0.5%
  • TLT.USA
    2.650
    0.020
    0.8%
  • TSTOPVRPM.ATLPHL
    2.480
    0.060
    2.5%
  • TSTOPVRPM.CHIATL
    2.190
    0.050
    2.3%
  • TSTOPVRPM.DALLAX
    1.400
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    14.8%
  • TSTOPVRPM.LAXDAL
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    6.2%
  • TSTOPVRPM.PHLCHI
    1.440
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  • TSTOPVRPM.LAXSEA
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  • WAIT.USA
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American ShipperShipping

DP World explores moving containers with Hyperloop One

The Dubai-based terminal operator said it will explore moving containerized freight with Hyperloop One, which is one of several companies that wants to build a system for moving freight or passengers using magnetically levitating vehicles in vacuum tubes.

   Dubai-based terminal operator DP World said it will explore moving containerized freight with the Los Angeles-based start-up Hyperloop One.
   “The collaboration is for feasibility studies that analyze the value of using Hyperloop systems in the United Arab Emirates, with an initial focus in Phase 1 on moving containers from ships docked at DP World’s flagship Jebel Ali Port via the Hyperloop tube to a new inland container depot in Dubai,” DP World said. “The initial study will focus on efficient handling of containers, costs, benefits, demand and volume patterns of moving cargo using the new technology.”
   Hyperloop One is one of several companies that wants to build a system for moving freight or passengers using magnetically levitating vehicles in vacuum tubes. The idea, proposed by Tesla founder Elon Musk, has generated both enthusiasm and skepticism.
   The study will provide preliminary details on the design of a right of
way, capital and operating costs and potential project finance
solutions, Hyperloop One said.
   DP World did not say how far inland the terminal would be from Jebel Ali Port or how much cargo the system might handle.
   “With this collaboration, we’re leading innovation in our industry once again and by testing the Hyperloop technology at Jebel Ali for cargo use, we’re taking a first step in exploring new ways of enabling trade and underlining Dubai’s commitment to innovation,” DP World Chairman and CEO Sultan Ahmed Bin Sulayem said.
   “This is an example of leading innovation in our industry and pushing the boundaries in the delivery of goods,” he added. “The potential to use these kind of technologies in emerging markets outside the UAE such as Africa and Asia with large land mass is significant.”
   Hyperloop One said that by redirecting cargo to a new inland hub, the terminal operator can free up space at Jebel Ali for profitable use. “DP World could even use a submerged floating Hyperloop adjacent to its giant new Terminal 4 built on a man-made island,” Hyperloop One said.
   In addition to the Dubai agreement, Hyperloop One said it has feasibility studies underway in Russia, Finland, Sweden, Switzerland and the ports of Los Angeles and Long Beach.

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Chris Dupin

Chris Dupin has written about trade and transportation and other business subjects for a variety of publications before joining American Shipper and Freightwaves.
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