Advancements in complexity, complex systems, and the intelligence sciences, particularly smart city technologies, have shown great potential in aiding to ease traffic congestion. The overall approach and the main ideas in building smart transportation for smart cities, particularly ACP (artificial system, computational experiment, and parallel execution)-based parallel transportation management and control systems (PTMS), are presented. PTMS can be expanded to the new generation of intelligent transportation systems. The main components of the proposed architecture include social signal and social traffic, ITS clouds and services, agent-based traffic control, and transportation knowledge automation. Some technical details of these components are discussed. Finally, one case study is introduced, and the effectiveness is analyzed.