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Stock impact report

Algorhythm Holdings Announces MTR Foods Joins SemiCab Platform

Algorhythm Holdings, Inc. (RIME) 
Company Research Source: GlobeNewswire
Indian Packaged Foods Leader Joins Growing Roster of Enterprise Clients Leveraging SemiCab's AI-Powered Freight Network Fort Lauderdale, FL, March 05, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – a leading AI technology company, today announced that MTR Foods Pvt. Ltd. (“MTR Foods”), one of India’s most recognized packaged foods companies, has joined its SemiCab freight optimization platform. MTR Foods is the fourth new customer onboarded or expanded with SemiCab this year as the platform continues to gain momentum. Headquartered in Bengaluru and a subsidiary of Norwegian conglomerate Orkla Group, MTR Foods manufactures a wide range of ready-to-eat meals, breakfast mixes, spices, snacks, and beverages that are distributed across India and international markets. MTR Foods parent company, Orkla Group is a global powerhouse in the food and consumer packaged goods industry, with over $7.3 billion in annual sales in 2025, and operations in over 100 Show less Read more
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