Apex SaaS platform
Search documents
SemiCab’s AI Platform Shown to Handle 400% More Freight Volume Without Additional Staff
Globenewswire· 2026-02-12 14:15
Core Insights - Algorhythm Holdings' SemiCab platform enables customers to scale freight volumes by 300% to 400% without increasing operational headcount, showcasing significant productivity gains over traditional brokers [1][2] Group 1: Productivity Gains - The AI-driven Collaborative Transportation Platform allows individual operators to manage over 2,000 loads annually, compared to the traditional benchmark of approximately 500 loads per year per freight broker, resulting in a 4x improvement in workforce productivity [2][6] - SemiCab's technology automates network-level decision-making, enabling organizations to scale throughput without proportional increases in labor, infrastructure, or overhead [4][6] Group 2: Operational Efficiency - Traditional logistics operations rely heavily on manual workflows, which become inefficient as complexity increases; SemiCab's AI engine continuously learns and adjusts routing and capacity allocation in real time [3][5] - The platform supports improved margins and capital efficiency, allowing for lower costs per load and higher asset utilization as volumes grow [6][7] Group 3: Business Model and Expansion - SemiCab's model supports scalable growth with limited incremental fixed costs, reinforcing the company's asset-light, technology-driven business model [8] - The company plans to extend its AI-enabled operational leverage through its Apex SaaS platform in the U.S. and future international deployments, positioning itself for global expansion [9][10]
SemiCab Demonstrates More Than 70% Reduction in Empty Trucking Miles Across Live Freight Networks
Globenewswire· 2026-02-09 14:30
Core Insights - Algorhythm Holdings, Inc. has published a whitepaper demonstrating that its SemiCab platform can reduce empty freight miles by over 70% across active customer networks [1][3] - The global truckload transportation industry is valued at approximately $3 trillion annually, with inefficiencies leading to over $1 trillion lost each year due to empty miles [2] - Algorhythm estimates that, if deployed at scale, the SemiCab platform could eliminate up to $700 billion in global empty-mile waste [2] Industry Overview - The truckload transportation industry faces significant inefficiencies, with trucks driving empty nearly one out of every three miles [2] - In India, trucks run empty up to 40% of the time, which is significantly higher than the global average of 30-35%, contributing to elevated logistics costs and excessive fuel consumption [3] - Truck utilization in India is nearly 40% lower than in countries like the U.S. and China, indicating a need for improved logistics solutions [3] Company Technology and Impact - SemiCab's AI-driven Collaborative Transportation Platform addresses structural inefficiencies by enabling network-level planning and real-time load coordination [3][4] - The platform has demonstrated the ability to reduce empty-mile rates to below 10% in certain deployments, showcasing its effectiveness in lowering costs and increasing asset utilization [3][4] - The technology operates at the network level, pooling demand and supply across shippers, regions, and timeframes, which allows for structural efficiency improvements rather than temporary gains [7] Proven Results and Future Plans - Through live deployments in India, SemiCab's system-level planning model has enabled customers to achieve significant performance gains, which compound as network participation increases [5] - The company is extending its operating model to the United States with the Apex SaaS platform, aiming for asset-light recurring revenues and high profit margins [10] - The goal is to predict and optimize millions of load movements across hundreds of thousands of trucks worldwide, enhancing supply chain resilience and reducing emissions [11]
Algorhythm Holdings Recaps Transformational 2025 Marked by Key Customer Wins, Major Contract Expansions and Strong Revenue Growth
Globenewswire· 2025-12-22 14:30
Core Insights - Algorhythm Holdings, Inc. is experiencing significant growth driven by its AI logistics platform, SemiCab, which has seen a 10x increase in contracted freight volume and successful launch of the Apex SaaS platform [1][9] Financial Achievements - SemiCab's annualized revenue run-rate (ARR) increased by 220% from $2.5 million in January to over $8 million by year-end, with a forward-looking ARR of $15 million based on current contracts and expansions [6][10] Contract Wins and Expansions - In 2025, SemiCab secured five new contracts with major multinational fast-moving consumer goods (FMCG) companies in India and achieved contract expansions ranging from 100% to 600% in trip volume [4][7] - Notable contract expansions include a $6 million deal with Asian Paints, increasing active lanes from 25 to 183, marking the largest contract in SemiCab's history [7][8] Business Highlights - The year 2025 was transformative for Algorhythm, marked by the divestiture of its Singing Machine business and a strategic focus on AI logistics, enhancing its position in the market [5][12] - The company appointed new executives to drive its SaaS strategy and brand development, further solidifying its growth trajectory [12] Outlook for 2026 - Algorhythm is poised for continued growth in 2026, leveraging its expanding customer base and the new Apex SaaS platform to enhance margins and scalability [9][10] - The company anticipates strong revenue growth driven by new enterprise pilots and additional contract expansions with existing customers [9][10]