Breaking
AI Freight Tool Triggers Market Concerns for Trucking and Logistics Stocks
CNBCThursday, February 12, 20261 min read
Key Takeaway
The release of a new AI freight scaling tool by Algorhythm Holdings has negatively impacted trucking companies, reflecting broader market concerns about AI's influence on the industry. This development highlights the growing anxiety surrounding AI's role in logistics and trucking.
A new tool from AI company Algorhythm Holdings has made trucking companies the latest victim of the market's AI jitters.
AItruckinglogisticsmarket impact
Related Stories
Breaking
Pinterest Announces Layoffs Amid Tariff-Related Earnings Decline and Shift to AI
"Many of the largest retailers have been disproportionately impacted by tariffs and have been pulling back on advertising spend," Pinterest's CEO said.
CNBC21h ago
BreakingHot
Highguard Developer Wildlight Entertainment Lays Off Staff After Game's Poor Performance
Its trailer got a prime Game Awards slot, but the online shooter has failed to find a large audience.
BBC2d ago
BreakingHot
Pinterest Cuts 700 Jobs Amid Shift to AI-Driven Strategy
The social media platform recently announced that it was axing around 15% of its workforce.
BBCFeb 4, 2026