Freight broker RXO said it expects truckload spot rates to run ahead of contract rates in the coming months, noting “the capacity situation is much more fragile than at any point since 2022.” RXO’s (NYSE: RXO) proprietary spot rate index was up 5.2% year over year in the fourth quarter after increasing just 1.8% in the third quarter. The latest period snapped a three-quarter trend of decelerating rate increases, according to a quarterly outlook from the Charlotte, North Carolina-based company. It charac ...