DP World and Virgin join forces to deliver freight at 1,000 kmh

Global terminal operator DP World from Dubai and Virgin Hyperloop One have introduced DP World Cargospeed, an international brand for hyperloop-enabled cargo systems to create fast palletised cargo deliveries. The two companies claim DP World Cargospeed systems will deliver “freight at the speed of flight and closer to the cost of trucking”.

Travelling at top speeds of 1,000 kmh DP World Cargospeed systems, enabled by Virgin Hyperloop One technology, will transport high-priority, time-sensitive goods including fresh food, medical supplies, electronics, and more. It will expand freight transportation capacity by connecting with existing modes of road, rail, port and air transport.

DP World group chairman and CEO Sultan Ahmed Bin Sulayem said: “Throughout history, cargo has always been the catalyst for transport revolutions. With a bold vision for the future, Dubai has always pushed the boundaries of innovation. This spirit of innovation has enabled us to become a world leader in logistics. We have made a significant investment in Virgin Hyperloop One because we see the need for a hyperloop-enabled cargo network to support rapid, on-demand deliveries globally.”

Virgin Group founder and Virgin Hyperloop One chairman Sir Richard Branson, said: “The global growth of e-commerce is driving a dramatic shift in both consumer and business behaviour. On-demand deliveries are a novelty today. Tomorrow it will be the expectation. DP World Cargospeed systems powered by Virgin Hyperloop One will enable ultra-fast, on-demand deliveries of high-priority goods and will revolutionise logistics, support growth, and create thriving economic regions.”

“With this system you can move any cargo around the world in less than 14 hours, whether you are in China or in the North Pole, it will not take more than 14 hours,” Ahmed said while unveiling the new concept at an event in Dubai.