Algorhythm Holdings (RIME) Investor presentation summary

Market opportunity and industry challenges

• Global trucking is a $2.81 trillion industry, representing 27% of global shipping spend, but suffers from massive inefficiencies, with 1 in 3 trucks running empty and $984 billion wasted annually.

• Truckload transportation is described as outdated, inefficient, and fragmented, contributing to high costs and environmental impact.

• The U.S. contract freight market is valued at $450 billion, with additional opportunities in spot freight and international markets.

Technology and solution overview

• SemiCab offers an AI-enabled platform that transforms fragmented freight into a unified, optimized network, reducing costs and increasing reliability.

• The platform delivers real-time optimization, minimizing human involvement and maximizing asset productivity.

• Unlike traditional or digital brokers, the solution continuously reconstructs shipping networks to optimize demand and supply, eliminating over 70% of empty miles.

Business impact and performance

• Case study from Jan–July 2024: 173.5K loads executed, 11.7M miles saved, $28.5M in cost savings, and 77% of loads optimized.

• Industry-leading 90% utilization achieved, with 10% reduction in spend, 70% fewer empty miles, and 20% improvement in on-time deliveries.

• Select deployments have achieved 4x throughput efficiency and 70% empty mile reduction without increasing headcount.