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Algorhythm Holdings’ SemiCab Platform Significantly Reduces Fuel Costs for Carriers
AI-Powered Freight Optimization Can Reduce Empty Miles by Up to 70%, Helping Carriers and Shippers Cut Fuel Costs Significantly Fort Lauderdale, FL, March 12,
About this update from Algorhythm Holdings, Inc.
[{"type":"text","content":"AI-Powered Freight Optimization Can Reduce Empty Miles by Up to 70%, Helping Carriers and Shippers Cut Fuel Costs Significantly Fort Lauderdale, FL, March 12, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – a leading AI technology company, today highlighted how its SemiCab platform is uniquely positioned to help freight operators offset the financial strain of rising oil prices through intelligent freight orchestration. With global oil prices surging once again due to ongoing supply constraints and geopolitical tensions, transportation costs are climbing — placing pressure on carrier margins and shipper budgets. In this environment, eliminating inefficiencies, such as empty miles, takes on even more importance for those affected. SemiCab’s Collaborative Transportation Platform uses AI and predictive optimization to reduce empty miles by more than 70%, helping carriers significantly reduce their average fuel cost per load. “With one in every three miles still driven empty in the freight industry, carriers are incurring enormous fuel costs for which they are getting nothing in return,” said Gary Atkinson, CEO of Algorhythm Holdings. “SemiCab attacks this waste at the network level, making carriers far more efficient.” The global freight industry spends over $1 trillion annually on avoidable costs linked to inefficient routing and underutilized capacity. SemiCab directly addresses this problem, reducing fuel costs for 3PLs, shippers and carriers by: Reducing total miles driven by minimizing empty backhauls;Optimizing route planning and load pairing using real-time AI;Enabling carriers to protect profit margins without raising rates; andHelping shippers improve cost predictability and supply chain resilience. The SemiCab platform is a deployable SaaS platform that 3PLs, shippers and carriers can incorporate over their existing freight network. It augments and complements their existing transportation management systems (TMS), seamlessly integrating across their entire freight network. “Carriers utilizing legacy freight markets are in a precarious position,” added Atkinson. “They need to change if they want to compete and succeed. Those who adopt an orchestrated network model like ours that reduces costs while increasing throughput will be the long-term winners.” With operations scaling in India and...