It is correct and usable in written English.
You can use it to describe the amount of something that is being carried. For example, "The truck was carrying huge quantities of boxes."
The Red River has a very irregular volume throughout the year and carries huge quantities of silt because of the large proportion of easily crumbled soil in its basin, especially in the red lands from which its name derives.
Chances are you and your company don't need to have a full time truck driver around you to carry huge quantities of food or heavy stuff.
The Canadian tar sands contain huge quantities of bitumen that can be converted to petroleum.
Europe is far more densely populated, and the more people that live near shale-gas operations, the more objections there will be to fleets of tankers carrying the huge quantities of sand and water needed for fracking.
Sluggish and swollen rivers, including the Musi, the Komering, and the Ogan, have carried down huge quantities of eroded materials from the western highlands to form the freshwater and tidal swamps that open out into estuaries along the coast.
They carry huge caseloads".
That decision carried huge risk.
And money does carry huge weight.
All would carry huge symbolic resonance.
On African savannas elephants consume huge quantities of grasses, absorbing the energy to carry on their physiological processes, including the production of large piles of dung, which dung beetles reprocess into soil nutrients, which feed plants on which elephants graze.
