Algorhythm Holdings Announces Expanded Contract with Procter & Gamble India for SemiCab's Freight Services

Expansion increases annual contract value to $4.2 million and boosts lane volume by over 50% Fort Lauderdale, FL, May 18, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), a leading provider of AI-powered logistics solutions, today announced that its subsidiary, SMCB Solutions Private Ltd. (“SemiCab India”) has been awarded a significant expansion of its managed freight services agreement with Procter & Gamble (P&G) India, increasing the total annual contract value by 32% to $4.2 million.