When large manufacturers and distributors spend $500K to over $1M annually on LTL/FTL freight, they can lose tens of thousands of dollars to billing errors. For those with freight spends exceeding $10 million, our average recovery rate of 3-5% can save up to $500,000—half a million dollars in savings. Audit services are the solution: as this process examines every invoice and catches billing mistakes that slip through standard processing.
MyFreightAudit makes cost recovery an automatic process for shippers. Each year, TLI processes over $236 million in freight spend through its comprehensive freight invoice audit program, ensuring accuracy, compliance, and cost recovery for shippers across multiple transportation modes. We automatically check every incoming freight invoice against your rate contracts and promptly flag any discrepancies. When our system spots an error, our logistics experts take over – verifying the mistake and disputing it with the carrier on your behalf. This two-step process (automated flagging plus human follow-up) means your team only pays valid charges. Whenever we identify an incorrect fee, we remove it through our mitigation workflow; if the fee is valid, we document and explain it to keep your accounting accurate and on track.
We go beyond finding mistakes by automating your freight accounting processes. Our TMS platform automatically assigns every charge to the correct GL account and cost center, eliminating manual coding work. Detailed compliance reports and consolidated invoice summaries keep your finance team informed about spending trends. To improve budgeting and forecasting, we generate accrual reports for freight costs that haven’t been invoiced yet. These insights turn raw shipping data into clear visibility, showing exactly where every freight dollar goes.
Multi-Modal Freight Audit Services
Because MyFreightAudit supports multiple modes of transportation—including LTL, FTL, and others—it scales easily with your business as it grows. Leveraging TLI’s nationwide network and multimodal expertise, we route each shipment efficiently and bill it accurately. For example, whether you ship pallets via LTL, full truckloads (FTL), intermodal containers, or expedited airfreight, our vendor-neutral audit covers it. The result is consistency across your freight network: one TMS platform (TLI TMS), one process, no gaps. By achieving this level of efficiency and scale, your logistics team can focus on strategic growth, while you earn recognition as the expert who cuts costs and streamlines operations.
Since Audit Services provide clear visibility and control over transportation costs, they are essential for shippers to scale effectively by helping identify errors and uncover opportunities for savings. By ensuring accountability in every freight invoice, shippers can confidently manage their transportation spend and make smarter, data-driven decisions for growth. By flagging incorrect or duplicate charges and unauthorized fees, our Freight Audit Service guarantees you pay only the contracted amount. This thorough review uncovers significant cost-recovery opportunities and often yields 3–8% savings on freight spend. In short, every shipment becomes a chance to protect your margin.
Choosing MyFreightAudit means partnering with a technology-driven team known for exceptional service. We take the pain out of auditing and make you look good by delivering clear, accurate results. Turn freight auditing from a monthly headache into a competitive advantage and watch your savings add up.
FAQs
What is freight audit?
A freight audit is the process of examining, adjusting, mitigating, and verifying shipping invoices for accuracy. To ensure accuracy from the start, we save and compare the initial routed quote against the contracted rate, creating a reliable baseline. Then, once the motor carrier sends the invoice, we perform a second audit to confirm full compliance with the contract terms. In practice, it means checking every invoice against contracts and actual shipment details to catch errors and overcharges.
How does freight audit save money?
By identifying incorrect or duplicate charges, unjustified accessorial fees, and reclasses, an audit prevents overpayment. When we fix or dispute these billing issues, you directly save on your freight spend. Auditing also makes motor carriers more careful, leading to long-term cost control.
How much can I save with a freight audit?
Many large shippers consistently recover 3–8% of their annual freight spend through diligent auditing. Even a few percentage points represent substantial dollars back in your budget.
Do I need to use Translogistics’ carriers or contracts?
No. MyFreightAudit is carrier- and contract-neutral. We audit invoices from any carrier and any rate agreement. By maintaining your existing carriers and contracts, you can still benefit from our full audit and recovery services, ensuring you maximize savings without disrupting your current operations. Many shippers opt to include TLI contracts to maximize their savings and participate in the rebate reward program.
Who handles billing disputes?
Our team of logistics experts does. Whenever our system flags an overcharge, it serves as a crucial checkpoint that allows us to work directly with the carrier to quickly resolve the issue and protect your transportation budget. If our service helps you save that much, you definitely deserve a raise for delivering such significant value to your enterprise! You get a corrected invoice, data analytics, and the recovered cost – without you having to lift a finger.