Algorhythm Holdings

RIME

Market cap $8.75M

Seasoned Logistics Executive Joins to Accelerate Adoption of AI-Powered Freight Optimization in the U.S. Fort Lauderdale, FL, March 16, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – a leading AI technology company, today announced the appointment of Jonathan Miller as Vice President of U.S. Sales for its flagship SaaS platform, SemiCab Apex. Miller brings almost 30 years of logistics and freight technology leadership experience including senior roles at DAT Freight & Analytics, FourKites, GT Nexus, E2open, One Network, and i2 Technologies.

AI-Powered Freight Optimization Can Reduce Empty Miles by Up to 70%, Helping Carriers and Shippers Cut Fuel Costs Significantly

Indian Packaged Foods Leader Joins Growing Roster of Enterprise Clients Leveraging SemiCab's AI-Powered Freight Network Fort Lauderdale, FL, March 05, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – a leading AI technology company, today announced that MTR Foods Pvt. Ltd. (“MTR Foods”), one of India's most recognized packaged foods companies, has joined its SemiCab freight optimization platform.

The disruptive potential of AI has rattled markets for weeks in what traders are calling the "AI scare trade." Among the companies hit hardest were trucking and logistics stocks, which tanked after Algorhythm, a former karaoke company, said that its AI logistics platform is helping to make trucking more efficient.

Los Angeles, CA, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Following last week's rapid appreciation in shares of Algorhythm Holdings (NASDAQ: RIME), Warp issued a statement today cautioning that public market enthusiasm should not be confused with structural freight innovation.

Pilot program to bring one of the world's most iconic FMCG brands onto SemiCab's collaborative AI platform; aims to cut transportation costs and reduce empty miles for iconic beverage brand

Funding Positions Company to Execute Global Growth Strategy for SemiCab Platform Fort Lauderdale, FL, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – a leading AI technology company, today announced it has received an additional $9.5 million under its existing $20 million financing facility, bringing total capital raised under the facility to $19.5 million. At completion of this new funding, Algorhythm reported approximately $12.5 million in cash on hand, providing ample capital to support the continued expansion of its SemiCab platform in India, the U.S., and other international markets.

CEO Gary Atkinson Highlights the Need to Bring Intelligent Coordination to Freight at Scale Fort Lauderdale, FL, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – a leading AI technology company, today articulated its long-term vision for transforming the freight trucking industry. A Massively Fragmented Industry The global freight industry is enormous in scale.

Algorhythm said its SemiCab platform — an AI‑driven optimization system built for shippers and carriers — allows customers to scale freight volumes by 300% to 400% without adding staff. According to the company, individual operators using SemiCab can manage more than 2,000 loads a year, compared with the industry norm of about 500 loads per broker.

New White Paper Highlights 4x Productivity Gains Over Traditional Brokers Fort Lauderdale, FL, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – a leading AI technology company, today announced that its SemiCab platform in live customer deployments is enabling its customers' internal operations to scale freight volumes by 300% to 400% without a corresponding increase in operational headcount. These results, detailed in SemiCab's recently published industry white paper, demonstrate how the company's AI-driven Collaborative Transportation Platform is transforming freight management from a labor-intensive, manual process into a highly automated, intelligence-led system.