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SemiCab Partners with Provisi.ai to Drive U.S. SaaS Revenue Growth
Globenewswire· 2025-12-05 14:30
Core Insights - Algorhythm Holdings, Inc. has announced a joint sales and marketing agreement between SemiCab and Provisi.ai to enhance the launch of SemiCab's new Apex SaaS platform targeting U.S.-based 3PLs and enterprise shippers [1][3] Company Overview - Algorhythm Holdings, Inc. is a leading AI technology company focused on the growth of SemiCab, which addresses supply-chain problems globally through its AI-enabled, cloud-based Collaborative Transportation Platform [7] - SemiCab's technology aims to optimize logistics by using real-time data and advanced predictive optimization models to enable fully loaded round trips [7] Partnership Details - Provisi.ai, led by Shane Engle, has a strong track record in executing complex SaaS product launches within the Fortune 500 market, including significant contracts worth up to $100 million annually [2][3] - The partnership is expected to leverage Provisi.ai's access to Fortune 500 clients to promote SemiCab's value proposition, particularly in reducing empty miles and increasing profitability [3][5] Market Potential - The U.S. full-truckload (FTL) total addressable market is approximately $450 billion, presenting a significant opportunity for SemiCab's Apex platform [3] - It is estimated that around $150 billion, or 30-35%, of U.S. annual shipping spend is wasted on empty miles, which SemiCab aims to reduce by 70% through its technology [5] Apex Platform Features - SemiCab Apex extends the company's AI-driven orchestration engine to the U.S. market, enabling enterprise-level supply chains to predict, plan, and profit with precision [4] - The platform allows 3PLs and enterprise shippers to create branded logistics operating systems, integrate with existing systems, and leverage predictive analytics for cost savings and efficiency improvements [6]