NAICS Code 541618-05 - Freight-Bill Audit

Marketing Level - NAICS 8-Digit

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Contact Emails: 12
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Phone Numbers: 5
Business Addresses: 5
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  • Company Name
  • Contact Name (where available)
  • Job Title (where available)
  • Full Business & Mailing Address
  • Business Phone Number
  • Industry Codes (Primary and Secondary SIC & NAICS Codes)
  • Sales Volume
  • Employee Count
  • Website (where available)
  • Years in Business
  • Location Type (HQ, Branch, Subsidiary)
  • Modeled Credit Rating
  • Public / Private Status
  • Latitude / Longitude
  • ...and more (Inquire)

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Looking for more companies? See NAICS 541618 - Other Management Consulting Services - 39,551 companies, 167,266 emails.

NAICS Code 541618-05 Description (8-Digit)

Freight-bill audit is a specialized service provided by companies that helps shippers and carriers to ensure that their freight bills are accurate and comply with the terms of their contracts. This service involves a thorough review of all freight bills to identify any errors, overcharges, or other discrepancies that may have occurred during the shipping process. Freight-bill audit companies use advanced software and data analysis tools to identify these discrepancies and work with shippers and carriers to resolve them. This service is particularly important for companies that ship large volumes of goods and need to manage their transportation costs effectively.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 541618 page

Tools

Tools commonly used in the Freight-Bill Audit industry for day-to-day tasks and operations.

  • Freight auditing software
  • Data analysis tools
  • Transportation management systems
  • Electronic data interchange (EDI) systems
  • Carrier rate databases
  • Freight payment systems
  • Contract management software
  • Business intelligence tools
  • Automated invoice processing systems
  • Document management systems

Industry Examples of Freight-Bill Audit

Common products and services typical of NAICS Code 541618-05, illustrating the main business activities and contributions to the market.

  • Freight-bill auditing services
  • Transportation cost management
  • Carrier invoice auditing
  • Freight payment processing
  • Logistics cost analysis
  • Supply chain consulting
  • Carrier contract management
  • Freight claims management
  • Transportation spend management
  • Carrier rate negotiation

History

A concise historical narrative of NAICS Code 541618-05 covering global milestones and recent developments within the United States.

  • The Freight-Bill Audit industry has been around for several decades, with the first freight-bill audit companies emerging in the 1950s. These companies were established to help shippers and carriers identify and correct billing errors, which were common at the time due to the manual nature of the billing process. In the 1970s, the industry experienced significant growth due to the deregulation of the transportation industry, which led to increased competition and a greater need for cost-saving measures. In recent years, the industry has continued to evolve with the introduction of new technologies, such as automated freight-bill processing and data analytics, which have improved efficiency and accuracy. In the United States, the Freight-Bill Audit industry has seen significant growth in recent years due to the increasing complexity of the transportation industry. With the rise of e-commerce and globalization, there has been a greater need for companies to manage their supply chains more effectively, which has led to increased demand for freight-bill audit services. In addition, the industry has benefited from advances in technology, such as cloud computing and machine learning, which have made it easier to process and analyze large amounts of data. Overall, the Freight-Bill Audit industry is expected to continue to grow in the coming years as companies seek to optimize their supply chains and reduce costs.