RXO’s Latest Curve Freight Market Forecast Shows the Biggest Sequential Increase in Truckload Spot Rates Since 2021
RXO released its latest Curve truckload market forecast, reporting that spot rates rose 32.4% year-over-year in the second quarter, marking the largest sequential increase since 2021. The index has posted nine consecutive inflationary readings driven by carrier capacity attrition and federal regulation enforcement, with Q3 trends on pace to exceed Q2 levels.
Key figures
- Spot rate growth q1 yoy
- 16.5%
- Spot rate growth q2 yoy
- 32.4%
- Inflationary reading streak
- 9
- Carrier cost increase ex fuel vs peak
- nearly 30%
AI analysis
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