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    High-speed Hopes

    This high-speed system would get you from Dallas to Austin in just 20 minutes

    John Egan
    Apr 7, 2017 | 11:48 am
    Hyperloop One Texas route
    Travel across Texas in a flash.
    Photo courtesy of Hyperloop One

    A Star Wars-esque innovation promises to put at least some of the nightmarish traffic on Texas’ most clogged roadways — I-35, I-45, and I-10 — in our rearview mirrors.

    On Thursday, April 6, a company called Hyperloop One named a proposed high-speed, L-shaped route linking Dallas-Fort Worth, Austin, Houston, San Antonio, and Laredo as one of 11 U.S. finalists in a contest to develop a futuristic tube-based system for shuttling passengers and cargo. Hyperloop One says it’ll give three U.S. proposals the green light to proceed.

    The 640-mile Hyperloop in Texas would stretch south from Dallas-Fort Worth to Austin, San Antonio, and Laredo, and would stretch east from San Antonio to Houston. Dallas-Fort Worth and Houston would not be connected, as the state’s two largest metro areas tentatively are in line for a much-debated high-speed bullet train.

    Organizers of the Texas proposal say a trip from Dallas to Austin would take 19.5 minutes — a far cry from the current three-hour drive (if you’re lucky) between the two cities. Top speeds would reach 700 mph, which is faster than a commercial airliner travels.

    Los Angeles-based Hyperloop One explains that “passengers and cargo are loaded into a pod, and accelerate gradually via electric propulsion through a low-pressure tube. The pod quickly lifts above the track using magnetic levitation and glides at airline speeds for long distances due to ultra-low aerodynamic drag.”

    Tesla and SpaceX mastermind Elon Musk introduced the tube-based transportation concept in 2013. (Last summer, Transonic Transportation announced plans for a similar Hyperloop connecting San Antonio and Austin.)

    “The U.S. has always been a global innovation vanguard — driving advancements in computing, communication and media to rail, automobiles and aeronautics,” says Shervin Pishevar, executive chairman of Hyperloop One. “Now, with Hyperloop One, we are on the brink of the first great breakthrough in transportation technology of the 21st century, eliminating the barriers of time and distance and unlocking vast economic opportunities.”

    Even if the Texas plan gets the go-ahead, a Hyperloop system wouldn’t be operating here for a number of years. And there’s no guarantee that the Texas system, or any other proposed tube-based transportation system, will ever be up and running. Hyperloop One is testing a 2-mile track in the desert north of Las Vegas.

    A Dallas-based team from construction and engineering giant AECOM is overseeing the Texas proposal. AECOM built Hyperloop One’s test track in Nevada. In 2015, Musk had indicated Texas most likely would host the test track, but that idea didn’t pan out.

    Backers of the Texas Hyperloop plan include the University of Texas at Arlington, Dallas Area Rapid Transit (DART), the City of Dallas, Austin’s Capital Metropolitan Transportation Authority (Cap Metro), and the U.S.-Mexico Chamber of Commerce.

    Pishevar, the Hyperloop One executive chairman, says his company “is at the forefront of a movement to solve one of the planet’s most pressing problems. The brightest minds are coming together at the right time to eliminate the distances and borders that separate economies and cultures.”

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    news/innovation

    Big business

    24 Dallas-Fort Worth companies register on 2026 Fortune 500 list

    John Egan
    Jun 15, 2026 | 9:23 am
    AT&T Discovery District
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    With 2025 revenue of $403.4 billion, Irving-based McKesson far and away leads Dallas-Fort Worth’s group of 24 companies listed on this year’s Fortune 500.

    The $403.4 million figure puts McKesson at No. 1 among the 57 Fortune 500 companies in Texas and at No. 8 nationally. DFW’s next-highest-ranked Fortune 500 company, No. 32 AT&T, produced $125.6 billion in revenue last year.

    DFW fared better on this year’s list than last year’s, going from 22 companies to 24.

    Who owns bragging rights as DFW’s headquarters for Fortune 500 companies? Dallas, with 11 headquarters on the list. Next in line is Irving, which claims eight headquarters.

    Altogether, DFW’s two dozen Fortune 500 companies generated nearly $1.1 trillion in revenue last year. That figure roughly equates to Poland’s annual economic output, or gross domestic product (GDP).

    In an online article about the 2026 Fortune 500, the Dallas Regional Chamber says DFW’s “influence as a corporate powerhouse” keeps growing.

    “For DFW, these rankings reinforce a long-term trend,” the chamber says. “Companies across industries continue to choose the region because of its strategic location, business climate, talent pipeline, ability to support growth, and overall quality of life. As new companies establish headquarters and existing employers expand, DFW’s concentration of major corporations continues to fuel investment, job creation, and economic opportunity throughout the region.”

    Here’s the full rundown of this year’s Fortune 500 companies based in Dallas-Fort Worth, including two newcomers — construction engineering company Primoris Services and mattress manufacturer Somnigroup International.

    • 5 — Irving-based McKesson
    • 32 — Dallas-based AT&T (which is moving its headquarters to Plano)
    • 50 — Dallas-based Energy Transfer
    • 63 — Irving-based Caterpillar
    • 85 — Fort Worth-based American Airlines
    • 115 — Dallas-based CBRE
    • 132 — Arlington-based D.R. Horton
    • 157 — Dallas-based Southwest Airlines
    • 164 — Dallas-based HF Sinclair
    • 183 — Westlake-based Charles Schwab
    • 209 — Dallas-based Tenet Healthcare
    • 262 — Frisco-based Keurig Dr Pepper
    • 244 — Irving-based Vistra
    • 245 — Dallas-based Texas Instruments
    • 265 — Irving-based Kimberly-Clark
    • 271 — Dallas-based AECOM
    • 288 — Irving-based Fluor
    • 292 — Irving-based Builders FirstSource
    • 362 — Dallas-based Jacobs Solutions
    • 367 — Plano-based Yum China
    • 419 — Irving-based Celanese
    • 470 — Irving-based Commercial Metals
    • 472 — Dallas-based Primoris Services
    • 499 — Dallas-based Somnigroup International

    The state’s other mega-metro, Houston, has more Fortune 500 headquarters than DFW — 27.

    Texas leads the nation for Fortune 500 headquarters (57), with California in the No. 2 spot and New York at No. 3.

    “Texas is the undisputed headquarters of headquarters,” Gov. Greg Abbott said in a news release. “The world’s leading businesses invest with confidence in Texas because of our welcoming business climate, predictable regulatory environment, and skilled and growing workforce. People and businesses are choosing Texas because Texas works.”

    The 2026 Fortune 500 ranks the largest U.S. corporations based on revenue in fiscal year 2025.

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    news/innovation
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