RXO has released its latest Curve truckload market forecast, reviewing Q2 2025 performance, key economic indicators, and expectations for Q3. The report shows a 6.5% year-on-year rise in spot rates for Q2, down from 9.1% in Q1 and 11.6% in Q4 2024, marking the third consecutive quarter of slowing growth.
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Seasonal shipping events such as produce season, Memorial Day, CVSA International Roadcheck, and Independence Day caused short-term rate volatility, but spot rates returned to baseline soon after. RXO noted that while market conditions remained soft, continued carrier exits and seasonal patterns have led to greater balance compared to recent years.
Chief strategy officer Jared Weisfeld said improved clarity on trade policies is helping shippers prepare for the retail peak season. Vice president of pricing and procurement Corey Klujsza added that although summer seasonality failed to produce sustained rate increases, carriers remain under cost pressure, making capacity more sensitive to changes in demand.
Looking ahead, RXO anticipates potential spot market volatility in Q3 driven by peak season build-up, but overall growth in rates is expected to continue, albeit at a slower pace.
Source: www.hfbusiness.com
