NEW YORK, Feb 13, 2026, 05:02 ET — Premarket
- Algorhythm Holdings climbed roughly 17% in premarket trading, adding to Thursday’s 30% surge.
- The company says its SemiCab deployments have enabled customers to manage 300% to 400% more freight, all without boosting headcount.
- That comment set off a wave of selling in trucking and logistics stocks on Thursday.
Algorhythm Holdings Inc (RIME) jumped 16.7% to $1.26 ahead of Friday’s open, extending Thursday’s wild ride that saw the stock rally 29.9% to finish at $1.08. The previous session brought heavy action; shares whipsawed from $0.83 to $1.51 on roughly 50.5 million traded.
What started as a microcap rally has spilled out, catching up the broader market amid an AI-fueled shakeup in transport stocks. On Thursday, the Russell 3000 Trucking Index dropped 6.6%. Shares of C.H. Robinson Worldwide and Landstar System tumbled, with investors trying to gauge how accelerated automation might hit margins and pricing power.
On some trading desks, the activity got chalked up to another round of AI-fueled headline chasing. In a note to clients, Jefferies trader Jeffrey Favuzza said investors were acting in a “shoot 1st, ask questions later” mindset when it came to AI risk. https://www.reuters.com/business/trucking-…
Algorhythm on Thursday pointed to live deployments of SemiCab’s platform, saying customers are moving 300% to 400% more freight volume without bringing on extra staff. According to a white paper mentioned in the release, some operators with SemiCab are handling over 2,000 loads a year, where typical freight brokers manage about 500. Algorhythm said it’s now rolling out the same approach in the U.S. via its Apex SaaS platform.
Chief Executive Gary Atkinson said logistics has been “constrained by human bandwidth.” He argued the platform lets companies handle more volume without bringing on extra planners or dispatchers.
Investors can turn on a dime in sectors where they link software with pricing power. “The level of paranoia is Category 5,” said Joseph Shaposhnik, portfolio manager at Rainwater Equity, as trucking and logistics stocks got hit hard. https://www.theguardian.com/business/2026/…
Florida’s Algorhythm, once in the karaoke machine business, switched gears and now pushes logistics software through its SemiCab unit, according to the Wall Street Journal. SemiCab claims its platform can slash “deadhead” truck miles by as much as 70%. Still, the Journal notes, U.S. customers remain elusive. https://www.wsj.com/business/logistics/mee…
Investors now want to know if SemiCab’s figures point to sustainable revenue, or if this is just a blip—panic pushing prices around the sector. Big brokers and logistics outfits are no strangers to routing and optimization tech; they spend heavily on it, and generally push back on talk that a fresh platform could flip the industry’s economics all at once.
Still, the setup looks shaky. Algorhythm’s announcement omitted any mention of customers, and thinly traded stocks often swing back sharply when the regular session ushers in heavier liquidity and broader two-way action.
Eyes turn to the Nasdaq at 9:30 a.m. ET, as traders check whether RIME builds on its momentum and watch for any signs that trucking and logistics stocks might steady after Thursday’s drop.
