Yes! After creating a shipment, you will have the reship option. You can also go to History/Track and find the shipment you are looking to re-ship. Once you have found the shipment click on the drop-down and you will see "Edit and Reship" Click the option and it will redirect you to the Ship page with the same info as the shipment you have selected to re-ship. The shipment will re-quote for you and all you need to do is click Ship.
For more details visit the Help Center article: How to Edit and Reship a Shipment