ITS Traffic Blog

Freight audit plays a critical role in how transportation and logistics leaders manage cost, accuracy, and financial control. As freight networks grow more complex and carrier invoices increase in volume, even small billing discrepancies can quietly erode transportation budgets over time. Freight billing errors remain common across the industry, making freight audit a foundational component of effective transportation management.

As the fiscal year winds down, the accuracy of freight accruals can make or break the credibility of a company’s financial close. Freight spending is often one of the largest variable expenses in the supply chain, yet many finance teams find themselves in a rush to reconcile late invoices, open shipments, and unresolved disputes weeks after closing the books.  

According to one recent study, almost 70% of all adults in the United States believe that tariffs will lead to higher prices on the goods they enjoy daily. 91% say that they're planning to shift their buying behavior due to inflation and trade costs and more.