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SemiCab to Showcase Apex Platform at Reuters Events: Supply Chain USA 2026 as a Gold Sponsor

Algorhythm Holdings (NASDAQ:RIME) announced that subsidiary SemiCab will appear as a Gold Sponsor at Reuters Events: Supply Chain USA 2026 in Chicago on June 23–24, 2026, at Booth 57.

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Algorhythm Holdings (NASDAQ:RIME) announced that subsidiary SemiCab will appear as a Gold Sponsor at Reuters Events: Supply Chain USA 2026 in Chicago on June 23–24, 2026, at Booth 57.

SemiCab will showcase its Apex AI-powered freight orchestration SaaS and host an educational workshop on freight network volatility.

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Argus Jun 17 session
+4.33% close to close Open Argus
Details

News Market Reaction – RIME

On Jun 17, the day this news came out, RIME closed 4.33% above the previous close.

Data tracked by StockTitan Argus for the Jun 17 session.

Key Figures

Conference dates: June 23–24, 2026 Booth number: Booth 57 Workshop date: June 23, 2026 +1 more
Conference dates
June 23–24, 2026
Reuters Events: Supply Chain USA 2026
Booth number
Booth 57
SemiCab conference location
Workshop date
June 23, 2026
Educational workshop timing
Workshop time
3:00 p.m. to 4:00 p.m. CT
SemiCab conference workshop slot

Historical Context

5 past events · Latest: May 26
5 events
  1. May 26

    Customer win

    24h Move
    +5.9%

    New SemiCab master services agreement expanding Indian enterprise customer base.

  2. May 18

    Contract expansion

    24h Move
    +10.4%

    Expanded SemiCab freight contract with P&G India and higher annual contract value.

  3. May 14

    Earnings results

    24h Move
    +3.8%

    Record Q1 2026 revenue growth, higher ARR and improved equity position.

  4. May 13

    Industry forum

    24h Move
    -8.8%

    SemiCab-hosted Freight Network Forum discussing structural freight cost pressures.

  5. May 12

    Earnings date

    24h Move
    +25.3%

    Announcement of upcoming Q1 2026 results and related investor conference call.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

saas, ai-powered, freight orchestration, spot market
4 terms
saas technical
"SemiCab will be showcasing its Apex SaaS platform at the event..."
SaaS, or Software as a Service, is a way of delivering computer programs over the internet, allowing users to access and use them through a web browser without needing to install or maintain the software themselves. For investors, it highlights a business model where companies generate recurring revenue by providing ongoing access to their software, often leading to predictable income and growth potential.
ai-powered technical
"a leading provider of AI-powered logistics solutions..."
"AI-powered" describes technology that uses artificial intelligence to perform tasks, make decisions, or analyze information automatically. It’s similar to having a highly skilled assistant that can learn from data, recognize patterns, and improve over time, helping to make processes faster and more accurate. For investors, this means better insights and more efficient operations, potentially leading to smarter investment choices.
freight orchestration technical
"how AI-driven freight orchestration can help address common transportation challenges..."
Freight orchestration is a software-driven process that coordinates shipments across carriers, routes and modes to make deliveries faster, cheaper and more reliable. Think of it as an air-traffic controller or orchestra conductor for cargo: it dynamically selects carriers, schedules pickups, bundles loads and tracks progress to reduce delays and wasted capacity. Investors care because better orchestration can cut logistics costs, improve customer service, and scale revenue with lower incremental spending, boosting margins and resilience.
spot market financial
"including fragmented planning, capacity inefficiencies, excess spot market exposure..."
The spot market is where assets—like stocks, commodities, or currencies—are exchanged for immediate delivery and payment at the current market price. It matters to investors because spot prices reflect real-time supply and demand, guide short-term trading decisions, and serve as the baseline for contracts and valuations; think of it as buying an item at the store right now instead of ordering it for later.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Company to Host Industry Workshop on Why Traditional Freight Networks Struggle to Adapt in Volatile Markets

Fort Lauderdale, FL, June 17, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (NASDAQ: RIME), a leading provider of AI-powered logistics solutions, today announced that its subsidiary, SemiCab, will participate as a Gold Sponsor at Reuters Events: Supply Chain USA 2026, taking place on June 23rd and 24th in Chicago. SemiCab will be located at Booth 57.

SemiCab will be showcasing its Apex SaaS platform at the event as it expands its market presence in the United States. Apex enables shippers, logistics providers, and carriers to manage freight as an interconnected network rather than a series of isolated shipments, helping organizations reduce empty miles, improve asset utilization, and lower transportation costs.

Attendees will have the opportunity to speak with members of the SemiCab team, experience live demonstrations of the Apex platform, and learn how AI-driven freight orchestration can help address common transportation challenges, including fragmented planning, capacity inefficiencies, excess spot market exposure, and network volatility.

As part of the conference program, SemiCab will host an educational workshop titled "The Hidden Cost of Volatility: Why Fragmented Freight Networks Struggle to Adapt" on June 23rd from 3:00 p.m. to 4:00 p.m. CT. It will be led by Ajesh Kapoor, Chief Executive Officer of SemiCab, and Jonathan Miller, Vice President of U.S. Sales.

The workshop will explore how traditional shipment-by-shipment transportation planning can create inefficiencies during periods of market disruption and how a network-based approach can improve resilience, efficiency, and service performance across complex freight ecosystems. Ajesh Kapoor, SemiCab CEO, recently detailed these capabilities and the challenges they address in a Q&A with Procurement Magazine.

"Supply Chain USA brings together many of the industry's most forward-thinking transportation and supply chain leaders," stated Mr. Kapoor. "We're excited to showcase Apex and demonstrate how AI-powered freight orchestration helps organizations move beyond fragmented planning toward a more connected, efficient, and intelligent freight network."

SemiCab's participation at Reuters Events: Supply Chain USA 2026 follows a period of accelerating growth for the company, including recent enterprise customer wins, contract expansions with multinational shippers in India, and the continued rollout of its Apex SaaS platform in the United States.

About Reuters Events: Supply Chain USA 2026

Reuters Events: Supply Chain USA is one of North America's premier gatherings of supply chain, transportation, logistics, and procurement leaders. The annual conference brings together senior executives from leading manufacturers, retailers, logistics providers, and technology companies to discuss emerging trends, operational challenges, and innovative solutions shaping the future of global supply chains. The 2026 event is expected to attract hundreds of industry decision-makers focused on improving efficiency, resilience, and sustainability across their transportation networks.

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

Brendan Hopkins
407-645-5295
investors@algoholdings.com
www.algoholdings.com

Media Contact

FischTank PR
Algorhythm@fischtankpr.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 contained in the company’s Annual Report on Form 10-K for the year ended December 31, 2025 and the other reports the company has filed with the SEC. 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 these 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Algorhythm Holdings (NASDAQ:RIME) announcing about SemiCab at Supply Chain USA 2026?

Algorhythm Holdings announced that SemiCab will be a Gold Sponsor at Reuters Events: Supply Chain USA 2026 in Chicago. According to the company, SemiCab will showcase its Apex SaaS platform and engage attendees on AI-driven freight orchestration.

When and where will SemiCab present the Apex platform at Reuters Supply Chain USA 2026?

SemiCab will present the Apex platform at Reuters Events: Supply Chain USA 2026 on June 23–24, 2026, in Chicago. According to the company, SemiCab will be located at Booth 57 for live demos and discussions with attendees.

What is SemiCab's Apex platform and how does it help freight networks?

SemiCab’s Apex is an AI-powered SaaS platform that manages freight as a connected network. According to the company, Apex aims to reduce empty miles, improve asset utilization, and lower transportation costs by addressing fragmented planning, capacity inefficiencies, and excess spot market exposure.

What workshop will SemiCab host at Supply Chain USA 2026 and who will lead it?

SemiCab will host a workshop titled “The Hidden Cost of Volatility: Why Fragmented Freight Networks Struggle to Adapt” on June 23 from 3:00–4:00 p.m. CT. According to the company, CEO Ajesh Kapoor and VP of U.S. Sales Jonathan Miller will lead the session.

How does SemiCab describe the benefits of a network-based freight approach for shippers and carriers?

SemiCab describes a network-based freight approach as improving resilience, efficiency, and service performance across complex ecosystems. According to the company, managing freight as an interconnected network helps organizations adapt during market disruption and move beyond traditional shipment-by-shipment planning.

How does SemiCab's growth relate to its participation at Reuters Supply Chain USA 2026?

SemiCab’s participation follows a period it describes as accelerating growth. According to the company, this includes recent enterprise customer wins, contract expansions with multinational shippers in India, and continued rollout of the Apex SaaS platform in the United States.

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