Richard Branson just launched a hyperloop concept that could supercharge the way goods move around the world

Image courtesy Virgin Hyperloop One

Virgin founder Richard Branson has an ambitious vision for a hyperloop-connected globe that will see goods shipped instantly to customers “at the speed of flight”.

Branson revealed the plan on his blog overnight. The new cargo brand will be known as DP World Cargospeed as a nod to the partnership between Virgin Hyperloop One and global trade and supply chain company DP World.

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The Hyperloop One bit refers to how you will receive your order in the future as Branson sees it.

“More and more customers expect products in their hands as soon as possible after purchasing online,” Branson wrote. “This is putting a huge demand on the freight and logistics industry – a demand that will only keep growing.”

Here’s how Branson’s new brand plans to deal with it:

Hyperloop technology, he says, can “deliver freight at the speed of flight and closer to the cost of trucking”.

That’s around 1000km/h, which is crucial if you’re carrying high priority payloads such as medical goods and fresh foods.

Branson says that powered by Virgin Hyperloop One, DP World Cargospeed can reduce a four-day truck journey to 16 hours.

Image courtesy Virgin Hyperloop One

You can read more about the plan here.

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