News / DP World and Virgin unveil Cargospeed hyperloop 'transport revolution'

DP World has launched Cargospeed, a partnership with Virgin Hyperloop One that will develop a hyperloop-enabled cargo system.

While the location of the first system has yet to be revealed, it is no secret that the port operator – together with the UAE government – is keen to launch a system linking Abu Dhabi and Dubai.

Chief executive Ahmed Bin Sulayem described cargo as the “catalyst” for “transport revolutions”, citing Dubai as a city that has “always pushed the boundaries of innovation”.

He ...