| I |
| A | B | C | D | E | F | G | H | I | K-L | M | N | O | P | Q-R | S | T | U-Z
|
| IATA
(International Air Transport Association) |
International Air Transport Association.
The trade and service organization representing international
airlines from more than 100 countries. |
| ICAO |
International Civil Aviation Organization.
A United Nations agency organized to ensure orderly worldwide
technical development of civil aviation. |
| IMO |
International Maritime Organization. A
United Nations affiliated organization representing all maritime
countries in matters affecting maritime transportation, including
the movement of dangerous goods. The organization also is involved
in deliberations on marine environmental pollution. |
| Import
License |
Many countries have currency exchange controls
which serve to limit the amount of currency available for the
purchase of foreign merchandise. The import license is used
to control orders sent to foreign exporters. It is important
for exporters to understand their foreign buyer's licensing
requirements as payment negotiations are made prior to any exportation. |
| Import
License |
A document issued by a carrier required
and issued by some national governments authorizing the importation
of goods into their individual countries. |
| In
Bond |
A term applied to the status of merchandise
admitted provisionally to a country without payment of duties,
either for storage in a bonded warehouse or for transshipment
to another point, where duties eventually will be paid. |
| Inland
Bill of Lading |
The Inland Bill of Lading, usually a non-negotiable
document, evidences the receipt of goods by an inland carrier
for transport from the point of origin to the point of export.
These bills of lading include the following export information:
"for export," marks and number, "freight prepaid," and special
delivery/notification instructions. |
| Inspection
Certificate |
To protect themselves, many foreign firms
request a Certificate of Inspection. This may be an affidavit
by the shipper, or by an independent inspection firm hired by
the buyer, certifying the quality, quantity, and conformity
of the goods to the purchase order. |
| Insurance
Certificate |
An Insurance Certificate gives evidence
of risk coverage for merchandise shipped. It is sent to the
bank with other collection documents, and normally is used only
when required by Letter of Credit or Documentary Collection
procedures. There are many types of insurance policies available.
Coverage requested is usually 110% of the value of the cargo
shipped. |
| Insured
Value |
Dollar amount of which goods are insured
by shipper. |
| Integrated
Carrier |
An airfreight company that offers a blend
of transportation services such as air carriage, freight forwarding,
and ground handling. |
| Interchange
Agreement |
A contract between a steamship line and
the truck line, stating the (truck line) is responsible for
any detention charges and/or repairs that may occur while container
is in their possession. Contract also proves that truck line
has the required insurance. |
| International
Import Certificate |
This document is the Bureau of Export Administration
(BXA) form number BXA-645P. It is required for the import of
selected commodities form COCOM nations. The U.S. importer would
supply this form, after authorization by BXA, to the foreign
exporter so that he could apply for an export license. |
In-Transit
Declaration
 |
The In-Transit Declaration, Department
of Commerce form 7513, is prepared for shipments in transit
form one foreign county to another which pass through the continental
U.S., the U.S. Virgin Islands, or Puerto Rico. Also used for
merchandise exported from General Order warehouses and for imports
rejected by the U.S. government and re-exported. |
