Virgin Hyperloop laid off more than 100 employees on Friday, the Financial Times first reported. The move will allow it to focus on cargo transport instead of passenger travel, the company said. The ...

Richard Branson-controlled startup Virgin Hyperloop One is teaming up with DP World to launch a new company that will focus exclusively on shipping cargo via Hyperloop. Dubai-based DP World, which ...

Virgin Hyperloop's yearslong goal of transporting people via vacuum-sealed tubes at speeds of up to 670 mph is on hold. The shift in focus represents a setback in the development of hyperloop ...

The dream of the day when you can board a Hyperloop to travel from one destination to the next just died a little. That’s because Virgin Hyperloop, the only Hyperloop company that has successfully ...

Virgin Hyperloop is scrapping plans to carry passengers with its Hyperloop transportation system and will instead focus on cargo hauling, the Financial Times reported. Last week, the Richard ...

Virgin Hyperloop, the futuristic pod capable of traveling at speeds up to 670 mph, has proven itself to be too good to be true, once and for all. Virgin fired 111 of its employees last week, a number ...

Virgin Hyperloop One and trade logistics company DP World have created a new cargo brand "built for an on-demand world." Shara Tibken was a managing editor at CNET News, overseeing a team covering ...

Hyperloop One had once dreamed of building a high-speed freight link between Europe and China, one that could take cargo from one end to the other in a single day. That will, however, remain one of ...

Virgin Hyperloop One, previously known as Hyperloop One before they secured a new investment from Richard Branson’s Virgin, has announced a new partnership with DP World for a new ultra-fast hyperloop ...

Hyperloop's transportation promises may have focused on bussing passengers until now, but two big players are expecting the high speed pod-in-a-pipe technology to have an even bigger impact on cargo ...

Virgin Hyperloop One and DP World have announced the launch of a new company that will push the technology into the cargo industry. DP World Cargospeed is a new project that will see the pair look to ...

The DevLoop, a full-scale Virgin Hyperloop test track in the desert outside of Las Vegas. (Courtesy Virgin Hyperloop) The basic idea of all Hyperloop systems (there are a variety of competitors) all ...