Forbes Features SemiCab’s AI Platform as Key to Reducing Hidden Costs in Food Supply Chains
Rhea-AI Summary
Algorhythm Holdings (NASDAQ: RIME) said its SemiCab AI platform was featured in Forbes on Jan 31, 2026, in an article linking freight inefficiency to rising food costs. Forbes cited that roughly one-third of global freight miles run empty (~33%), and highlighted SemiCab’s cloud-based collaborative platform as a solution to cut empty miles and improve utilization.
The feature frames SemiCab’s AI as a tool that predicts and optimizes millions of loads across large truck networks to reduce waste, lower transportation-driven food costs, and boost supply-chain resilience.
Positive
- Featured in Forbes (Jan 31, 2026) highlighting SemiCab and industry inefficiency
- SemiCab described as a cloud-based AI platform that optimizes millions of freight loads to reduce empty miles
Negative
- None.
Market Reaction
Following this news, RIME has gained 18.33%, reflecting a significant positive market reaction. Our momentum scanner has triggered 15 alerts so far, indicating notable trading interest and price volatility. The stock is currently trading at $1.06. This price movement has added approximately $950K to the company's valuation.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Silver for real-time data.
Key Figures
Market Reality Check
Peers on Argus
Sector peers show mixed behavior: only MSN appeared in momentum scans, up about 5.38%, while other peers were not flagged. With the target’s direction unspecified and no broad, same-direction moves, trading appears stock-specific rather than a sector-wide AI or electronics rotation.
Previous AI Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 13 | AI platform launch | Positive | -17.8% | Launch of Apex AI logistics SaaS targeting U.S. full‑truckload market. |
| Oct 13 | Sales leadership hire | Positive | +1.4% | Appointment of VP of US Sales to scale AI logistics software deals. |
AI-tagged announcements often draw volatile reactions, including one sharp selloff despite positive product news.
In prior AI-tagged news, Algorhythm used SemiCab’s platform to expand its AI logistics footprint. On Oct 13, 2025, it appointed a VP of US Sales to drive AI-enabled logistics deals, which was followed by a modestly positive price reaction. On Nov 13, 2025, it launched the Apex AI logistics SaaS for the $450 billion U.S. truckload market, yet shares dropped sharply. Today’s Forbes feature continues this AI logistics narrative, emphasizing visibility and use cases rather than new contracts or financings.
Historical Comparison
AI-tagged headlines have produced an average move of 9.6%, with one sharp drop on the Apex launch and a smaller gain on the sales-lead hire; today’s media-focused AI story fits the same logistics theme but adds brand visibility rather than new financial metrics.
AI-related updates progressed from strengthening US sales leadership to launching the Apex AI logistics platform, and now to Forbes recognition of SemiCab’s role in reducing empty miles and food supply-chain inefficiencies.
Market Pulse Summary
The stock is surging +18.3% following this news. A strong positive reaction aligns with prior volatility around AI-tagged headlines, where average moves reached about 9.6%. The Forbes spotlight adds third-party validation of SemiCab’s AI platform and its role in reducing empty miles in food supply chains. However, regulatory filings highlight ongoing losses, going-concern language, and structured equity and warrant overhangs, which could limit how long momentum from media exposure alone might persist.
Key Terms
deadhead miles technical
artificial intelligence technical
AI-generated analysis. Not financial advice.
Fort Lauderdale, FL, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – a leading AI technology company, today announced that the Company and its SemiCab platform were featured in Forbes in an article examining the hidden role of freight inefficiency and its impact on rising food costs and global supply chain economics.
The article, entitled “How an Airline Analogy Is Reframing the Cost of Food,” highlights that approximately one-third of global freight miles are driven empty, embedding nearly
In the Forbes piece, Algorhythm CEO Gary Atkinson explains that more than one in three freight trucks worldwide run empty after completing a delivery — a pattern analogous to airlines flying one out of every three flights empty — and that this inefficiency contributes materially to transportation costs that are ultimately reflected in food prices.
“Forbes shining a spotlight on freight inefficiency is important for the entire logistics industry,” said Atkinson. “Empty miles are one of the largest hidden cost drivers in global supply chains, and they ultimately show up in the prices consumers pay every day. The article highlights a growing reality: shippers and carriers are under increasing pressure to improve efficiency while managing rising fuel, labor, and sustainability demands. SemiCab’s AI-driven platform is designed to help networks reduce waste, improve utilization, and build more resilient, cost-effective, and environmentally responsible supply chains.”
Transportation remains the backbone of food distribution, with freight trucks moving the majority of agricultural goods and contributing significantly to retail food prices. The article outlines how empty or “deadhead” miles accumulate fuel, labor, maintenance and environmental costs that are absorbed into the price of food, compounded by imbalanced freight flows, limited visibility into demand, and the complexity of real-time routing decisions.
The Forbes article highlights SemiCab’s cloud-based Collaborative Transportation Platform as an example of how artificial intelligence can address this inefficiency by treating freight transport as a continuous network rather than isolated one-way trips. SemiCab’s technology actively predicts and optimizes millions of freight loads across a vast truck network, reducing empty miles and improving efficiency at scale.
The article suggests that advanced logistics and distribution networks — enabled by AI platforms such as SemiCab — hold the potential to greatly reduce food prices for billions of consumers worldwide.
The full Forbes article can be accessed here: https://www.forbes.com/sites/daphneewingchow/2026/01/31/how-an-airline-analogy-is-reframing-the-cost-of-food/
About Algorhythm Holdings
Algorhythm Holdings, Inc. is a leading AI technology company focused on the growth and development of SemiCab, an emerging leader in the global logistics and distribution industry. Since 2020, SemiCab has enabled major retailers, brands and transportation providers to address common supply-chain problems globally. Its AI-enabled, cloud-based Collaborative Transportation Platform achieves the scalability required to predict and optimize millions of loads and hundreds of thousands of trucks. SemiCab uses real-time data from API-based load tendering and pre-built integrations with TMS and ELD partners to orchestrate collaboration across manufacturers, retailers, distributors, and their carriers. SemiCab uses AI/ML predictions and advanced predictive optimization models to enable fully loaded round trips. With SemiCab’s AI platform, shippers pay less and carriers make more without having to change a thing. For additional information, please go to: http://www.semicab.com
Investor Relations Contact
investors@algoholdings.com
www.algoholdings.com
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statement that is not historical in nature is a forward-looking statement and may be identified by the use of words and phrases such as "expects," "anticipates," "believes," "will," "will likely result," "will continue," "plans to," "potential," "promising," and similar expressions. These statements are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including the risk factors described from time to time in Algorhythm’s reports to the SEC, including, without limitation Algorhythm’s Annual Report on Form 10-K for the year ended December 31, 2024. You should not place undue reliance on any forward-looking statement, each of which applies only as of the date of this press release. Except as required by law, we undertake no obligation to update or revise publicly any of the forward-looking statements after the date of this press release to conform our statements to actual results or changed expectations, or as a result of new information, future events or otherwise.
FAQ
What did Algorhythm (RIME) say about the Forbes feature on Feb 2, 2026?
How much freight inefficiency did Forbes attribute to empty miles in the Forbes article about SemiCab?
What capability does SemiCab claim to offer for reducing empty miles (RIME)?
Could SemiCab’s technology affect food prices, according to Algorhythm (RIME)?
Where can investors read the Forbes article that featured SemiCab (RIME)?
Does the announcement provide financial metrics or commercial contracts tied to SemiCab (RIME)?
