Algorhythm Holdings Expands SemiCab Contract With Apollo Tyres for Up to $2.5 Million Annual Revenue

Reuters
Jan 06
Algorhythm Holdings Expands SemiCab Contract With Apollo Tyres for Up to $2.5 Million Annual Revenue

Algorhythm Holdings Inc. announced an expansion of its Master Services Agreement with Apollo Tyres Ltd., one of the largest tire manufacturers in India. Under the expanded agreement, SemiCab, a subsidiary of Algorhythm Holdings, will provide managed transportation services along 20 lanes in India and increase the frequency of loads shipped for Apollo Tyres. The expanded relationship is expected to generate up to $2.5 million in annual revenue for SemiCab. SemiCab's services are powered by an AI-enabled, cloud-based Collaborative Transportation Platform aimed at improving cost efficiencies and delivery performance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Algorhythm Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9620225-en) on January 06, 2026, and is solely responsible for the information contained therein.

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