Algorhythm (RIME) Holdings announced that SemiCab has achieved an expansion of its transportation services engagement with Marico. The expansion represents an annualized revenue opportunity of approximately $3M for SemiCab and represents the fifth multi-million dollar contract the company has executed this year. Marico’s decision to scale its transportation network on SemiCab’s Collaborative Transportation Platform followed its completion of an initial pilot program with SemiCab. The expanded engagement will support Marico’s nationwide operations with greater service consistency, improved planning accuracy, and significantly reduced transportation costs.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RIME:
