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SemiCab Exits 2025 With Record $10 Million Annualized Revenue Run Rate
Globenewswire· 2026-01-14 14:15
Company Performance - Algorhythm Holdings achieved a record annualized revenue run rate (ARR) of $9.7 million in December 2025, marking a 300% increase from $2.5 million ARR at the end of 2024 [1] - The company experienced nearly 300% growth in annualized sales during 2025, expanding its client base and market presence [3] Market Opportunity - Algorhythm's SemiCab platform addresses significant inefficiencies in global logistics, specifically the hundreds of billions of empty truck miles driven annually, which represents a major cost issue in the industry [3] - The total addressable market for SemiCab is substantial, with the Indian National Digital Freight Exchange (NDFE) ecosystem presenting an aggregate contract opportunity of approximately $1.4 billion annually, of which SemiCab has only penetrated just over 1% [5] Client and Contract Expansion - In 2025, SemiCab secured five new contracts with major multinational fast-moving consumer goods companies in India and received seven contract expansions for increased lanes and trip volume [2] - Existing clients in Indian metropolitan regions collectively award over $250 million in annual freight contracts, with SemiCab currently holding $15 million of this amount, representing 6% of the market opportunity [5] Industry Insights - The global truckload transportation industry is estimated to be around $3 trillion annually, with trucks driving empty one out of every three miles, leading to over 400 billion empty miles each year [5] - These inefficiencies result in more than $1 trillion in avoidable freight spending, highlighting a significant opportunity for AI-driven optimization solutions like SemiCab [5]
DAT 2026 Freight Focus: Gradual recovery expected for transportation providers as AI reshapes industry operations
Businesswire· 2025-12-10 16:00
BEAVERTON, Ore.--(BUSINESS WIRE)--Truckload transportation providers should not expect a dramatic rebound in the freight market in 2026, according to the latest annual Freight Focus: Transportation & Logistics Outlook report from DAT Freight & Analytics. Truckload pricing has remained inverted—with spot rates below contract rates—for three and a half years, creating unsustainable pressure on motor carriers where expenses have risen far faster than inflation, the report said. The good ne. ...