RXO Inc. Reports Continued Year-over-Year Increase in Truckload Spot Rates with Eased Growth in Q1 2025

Reuters
05-22
RXO Inc. Reports Continued Year-over-Year Increase in Truckload Spot Rates with Eased Growth in Q1 2025

RXO Inc., a leading provider of asset-light transportation solutions, has released its latest Curve truckload market forecast, offering insights into the financial outlook for the upcoming quarter. The report indicates a continued increase in truckload spot rates year-over-year for the first quarter of 2025, although the growth rate has decelerated compared to the previous quarter. Despite the inflationary nature of spot rates, the market experienced a calming effect throughout the first quarter, aligning with typical seasonal trends. The forecast anticipates some incremental spot market volatility in the second quarter due to summer shipping trends. Jared Weisfeld, RXO's chief strategy officer, highlighted the uncertainty faced by shippers, who are strategizing on inventory management amidst de-escalating trade tensions. Corey Klujsza, vice president of pricing and procurement, noted the potential for a tighter capacity environment later in the year, despite carriers facing cost pressures from prolonged low rates. Overall, RXO remains committed to providing data-driven insights to help shippers and carriers navigate the dynamic truckload market.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. RXO Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250522218235) on May 22, 2025, and is solely responsible for the information contained therein.

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