Algorhythm Holdings shares surge 15.56% after-hours after SemiCab platform featured in Forbes for addressing freight inefficiency in food supply chains.

Algorhythm Holdings surged 15.56% in after-hours trading following its feature in a Forbes article highlighting the SemiCab platform’s role in addressing freight inefficiency and rising food costs. The article emphasized that one-third of global freight miles are driven empty, embedding systemic waste into supply chains, and positioned SemiCab’s AI-driven platform as a solution to optimize freight networks, reduce costs, and improve sustainability. CEO Gary Atkinson underscored the platform’s potential to lower transportation costs for shippers and carriers while aligning with growing industry demands for efficiency. The increased visibility and credibility from the Forbes coverage, coupled with the platform’s relevance to a critical market issue, likely fueled the post-market rally.