The cascading failure is one valve closes up (for whatever reason) and the following valves see no pressure upstream so they open wide trying to maintain setpoint and not able to.  Then when water is restored the valve just send it right on through and then wham the pressure just shoots right on past the sepoint and bad things happen.
You can add a control that will close the valve if there is no pressure up stream so that when the water comes back it will gradually open providing a smooth startup,  the smooth startup will then also allow controlled venting of the air.
Each valve will be 'downstream pressure-reducing upstream pressure-sustaining  106-PR-R' they can be backfitted to the existing models.
These reducing valves are slow reacting, so startup will take time to change flow from full closed to wide open, you may want  pressure tank(s) to help in pressure ballancing and smooting out the responses along with reducing water hammer.
If your flow rates are commonly low (2 gpm  to 20 gpm) you may want to also add 3/4" or 1" bypass valves with the same functions to handle the small flows.  They will also be more responsive at the low flow rates.

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