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IATA:
International Air Transport
Association.
ICAO:
International Civil Aviation
Organization. A specialized
agency of the United Nations,
with headquarters in Montreal.
Its task is to promote
general development of
civil aviation (e.g. aircraft
design and operation,
safety procedures, contractual
agreements).
ICC:
International Chamber
of Commerce
I.C.T.F.:
Intermodal Container Transfer
Facility, an on-dock facility
for moving containers
from ship to rail or truck.
IFF:
Institute of Freight Forwarders.
Igloo:
Container designed to
occupy full main deck
width of carrying aircraft.
Import
License: A certificate,
issued by countries exercising
import controls, that
permits importation of
the articles stated in
the license. The issuance
of such a permit frequently
is connected with the
release of foreign exchange
needed to pay for the
shipment for which the
import license has been
requested.
In-Bond:
A customs program for
inland ports that provide
for cargo arriving at
a seaport to be shipped
under a Customs bond to
a more conveniently located
inland port where the
entry documents have been
filed. Customs clears
the shipment there, and
the cargo is trucked to
its destination, which
normally is close to the
inland port.
Independent
Action: A move
by whereby a member of
a shipping conference
elect to depart from the
specific service rates
set forth by the conference,
giving ten calendar days
notice of such action.
The conference member's
new schedule of rate,
or rates, officially takes
effect no later than ten
days after receipt of
notice by the conference.
Inducement:
Some steamship lines publish
in their schedules the
name of a port and the
words by inducement in
parentheses. This means
the vessel will call at
the port if there is sufficient
amount of profitable cargo
available and booked.
Inland
Carrier: A transportation
line which hauls export
or import traffic between
ports and inland points.
I.p.a.:
Including particular average
Inspection
Certificate: A
document certifying that
merchandise (such as perishable
goods) was in goods condition
immediately prior to shipment.
Integrated
Carrier: Forwarder
which uses own aircraft,
whether owned or leased,
rather than scheduled
airlines.
Intellectual
Property: Ownership
of the legal rights to
possess, use or dispose
of products created by
human ingenuity, including
patents, trademarks and
copyrights.
Interline:
Mutual agreement between
airlines to link their
route network.
Intermeddle:
Referring to the capacity
to go from ship to train
to truck, or the like,
the adjective generally
refers to containerized
shipping or the capacity
to handle same.
ISO:
International Standards
Organization also referred
to as the International
Organizational for Standardization.
Incoterms:
A codification of terms
used in foreign trade
contracts that is maintained
by the International Chamber
of Commerce.
Incremental
Cost to Export:
The additional costs incurred
while manufacturing and
preparing a product for
export ( e.g., product
modifications, special
export packaging and export
administration costs.)
This does not include
the costs to manufacture
a standard domestic product,
export crating and transportation
to the foreign market.
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