Virgin Hyperloop One gets new CEO

Virgin Hyperloop One has a new chief executive officer (CEO) with some serious experience in passenger transportation and mass transit.

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Mohammed bin Rashid attends launch of DP World Cargospeed

Rob Lloyd, CEO of Virgin Hyperloop One, said: “Based on McKinsey’s assessment of our technology, Virgin Hyperloop One-enabled supply chains can dramatically impact business bottom lines by reducing both finished goods inventory and required warehouse space by 25%.”

“On-demand deliveries are a novelty today,” Branson noted. “Tomorrow it will be the expectation.”

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