The seminar report by Aishwarya A. Karhade on 'Hyperloop - New Transportation System' outlines a revolutionary transportation method designed to transport passengers quickly and affordably between cities like Los Angeles and San Francisco in approximately 35 minutes. The Hyperloop system utilizes a low-pressure tube with air-cushioned capsules, magnetic levitation, and can potentially transport 7.4 million people annually, with one-way ticket prices estimated at $20. The report also addresses the environmental benefits of the Hyperloop, including lower energy consumption and reduced greenhouse gas emissions compared to traditional transportation methods.