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IAC Indirect Air Carrier
IALA International organisation of Marine Aids to Navigation and Lighthouse Authorities
IATA International Air Transport Association: founded in Geneva in 1945 as a trading association with the intention of serving as a cooperative body among all its associated airline companies. The partnership yields stable, efficient aviation services and economic benefits.
IATA Designator Two-character Identification of airline delegated by IATA in compliance with Resolution 762 provisions. It is intended for use in reservations, timetables, tickets, tariffs, and air waybills.
IBC Intermediate Bulk Container: This type of container is used as a hybrid form of drums and bulk transport (transport by truck, maritime container, or transport by boat).
ICC Interstate commerce Commission (U.S.)
ICW Intercostal Waterways: Intercoastal Waterways (ICW) are coastal bays, rivers, and canals, linked in such a way that the coasters don’t have to fly across the sea.
Idle Stock: The stock that was not demanded or used for a given period of time.
IEC International Electro technical Commission
IEHG Inland harmonization Group: This commission sets the standard for Inland Ecdis, which the competent authorities will ratify.
IENC Inland Electronic Navigation Chart
IFO (Intermediate Fuel Oil) : The main engines of large vessels use IFO. IFO stands for Intermediate Fuel Oil. The quality specifications that the fuel must follow are clearly described in the charter party and must be followed at all times.
Igloos: Pallets and containers used in air transport; the shape of the igloo suits the contours of a narrow-body airplane’s internal wall.
IHO International Hydrographic Organisation
IMB International Maritime Bureau: A special division of the International Chamber of Commerce.
IMDG code International marine Dangerous Goods code
IMO International Maritime Organization: An organization affiliated to the United Nations that represents all maritime countries in matters affecting maritime transport, including the movement of dangerous goods. The group also engages in consultations on aquatic pollution.
Import : Transfer the goods from one country to the next. An example is the importation of cars from Germany into the US.
Import Certificate The import certificate is a mechanism by which the ultimate destination country government maintains legal control over the internal channelling of the goods to which the import certificate relates.
Import Duties: Import duties are primarily taxes which countries impose to protect their domestic markets against foreign products. They serve as a trade limit to provide a head start for domestic products.
Import License A document that some national governments need and challenge authorizing the importation of goods. Also recognized as import permit. Customs clearance may be performed with such documents.
Import restrictions Import restrictions, imposed by a country with an unfavorable trade balance (or for other reasons), indicate a desire to control the quantity of goods coming in the country from other countries, may include the introduction of tariffs or import quotas, restrictions on the amount of foreign currency available for imports, import deposit requirements, imposition of import surcharges, or prohibition of various categories of imports.
Importation Point: The place where the goods are being cleared for import into a country.
Importer Security Filing: ISF is a law that allows U.S. imports to report specific data (commodity description) of imported goods to U.S. customs. Customs will receive the declaration no later than 24 hours before paying. The entire ISF has to be announced 48 hours before the vessel departs from the loading port.
Import/Export License: Legal authorization provided by a government allowing a commodity to be transported or distributed across national borders.
Inbound Logistics: Managing manufacturer and distributor products into production processes or storage facilities.
Incentive Rate: A rate which prompts the shipper to ship bigger volumes per shipmen
Incoterms (Cost and freight(CFR), Cost Insurance and freight(CIF), Carriage and Insurance Paid to(CIP), Carriage Paid to(CPT), Delivered at place(DAP), Delivered at terminal(DAT), Delivered Duty paid(DDP), Ex works, Free Alongside ship(FAS), free carrier(FCA) )
Independent Action: A carrier that is a member of the rate office can issue a rate that differs from the rate published by the rate office
Indirect/Distributor Channel: Your company is selling to the manufacturer and ships. The dealer sells to the end-user, and ships. This can happen over multiple stages. Your product can eventually pass through the Indirect / Distributor Channel and arrive at a retail outlet. Order information may be transmitted by electronic means within this system. Such means may include EDI, brokered systems or electronic linked systems
Inland Bill of landing: The carriage contract used in transportation from an overland shipping point to a foreign carrier place for the exporter.
Inland AIS: The inland AIS system is designed primarily for inland maritime transport.
Inland carrier: An company providing overland service from or to an export point
Inland ECDIS application: This framework is used to view Inland ENC’s, which consists of a stand-alone computer or software program.
Insurance Certificate: A certificate given to the consignee to certify that protection is offered while in transit to cover the loss or harm to the cargo.
Integrated Carrier: An airfreight business providing a combination of transport services such as air transportation, freight forwarding, and ground handling.
Integrated logistics: A comprehensive, system-wide view of the whole supply chain as a single process, from production of raw materials to distribution of finished goods. All the functions which make up the supply chain are managed as a single entity rather than separately managing individual functions.
Inspection: Testing and monitoring of the products, under the supervision of internal or external officials (third parties) at the warehouse or customs locations, by taking samples if appropriate.
Interchange: In EDI, the exchange of information electronically between businesses. The transaction category includes sets that are sent from one sender to one receiver at a time. Delineated by interchange control segments.
Interchange report: A report on container interchange is a document that provides a detailed description of a container’s external condition when the duty is passed from one party to another. If damage has occurred to a container, it can be determined by preparing an interchange report for each move, and the party who had the container in his possession during that time may be held responsible
Intercostal Carriers: Water carriers that carry freight between ports on the East and West Coast, usually via the Panama Canal.
Intercostal waterways: Intercoastal Waterways (ICW) are coastal bays, channels and canals, linked in such a way that the coasters do not have to cross the sea
Intercorporate hauling: A private carrier that transports products from a subsidiary and charges a fee to the subsidiary; this is legal if the subsidiary is wholly owned or if the private carrier has common carrier authority.
Interline: Two or more motor carriers partnering to carry a shipment to a destination. Carriers can exchange equipment but typically manage the shipment without the equipment being transferred.
Interline Shipping: A single shipment’s travel across two or more carriers.
Intermediate Destination: A stopping point for a shipment before the final destination is reached.
Intermediately Positioned Warehouse: A warehouse situated between consumers and production plants to provide increased customer service and lower distribution costs.
Intermodal: Carriage of a product within a single journey by various modes of transport, i.e. sea, road, rail, and air.
Intermodal container transfer facility: A facility where freight is moved from one mode to another, usually from ship or truck to rail.
Intermodal marketing company(IMC): An agent who provides the shippers intermodal facilities.
Intermodal transportation: Carrying freight use two or more modes of transport, such as truck and rail or truck and oceangoing vessel.
Internal water carriers: Water carriers operate on inland, navigable rivers like the Mississippi, Ohio, and Missouri.
International air transport association: An international air carrier rate bureau for transportation of passengers and freight.
International Civil aeronautics Organization: An international air safety body worldwide responsible for standardizing air traffic control, airport architecture, and security features.
International Import Certificate: A document provided by the importing country indicating that the importing country recognizes that their country is entering a regulated shipment. The importing country agrees to track the shipment and prevent its re-export, except in compliance with its own regulations governing export control.
International ship and port facility security(ISPS): After September 11, 2001, a worldwide surveillance plan was set up, at the behest of the United States, to combat terrorist activities in / through ports. To that end, additional investments were made by various port authorities to introduce more safety measures. To recover those investments, each container / shipment is subject to an ISPS (International Ship & Portfacility Security) allowance.
International Transportation: Al types of direct or transit routes, road, rail and/or airways from one country to another
Interstate Commerce: The transfer of persons or property between states; the shipment crosses a state boundary in the course of the movement.
Interstate Commerce Commission(ICC): An independent regulatory body enforcing federal economic regulations for railways, motor carriers, pipelines, domestic water transporters, international surface freight forwarders and brokers.
Intrastate Commerce: Transport of persons or real estate between points within a state. A shipment between two points within a state may be interstate if, at the time of shipping, the shipment had a previous or subsequent transfer outside the state and the shipper planned an interstate shipment.
Inventory: Raw materials, production work, finished goods, and equipment needed to create goods and services for a business. The number of units and/or interest a company keeps on the stock of goods.
Inventory Velocity: The pace at which inventory moves over a defined period
Invoice: A written record listing goods sold or shipped and amounts for each. The seller prepares the invoice and serves as the document used by the buyer to make payment.
Irregular Route Carrier: A motor carrier capable of providing service using any route.
ISF Importer Security Filing: ISF (Importer Security Filing) is a law that allows US parties to report specific data (commodity description) of the imported goods to US Customs. Customs will obtain the notice no later than 24 hours before boarding. The entire ISF has to be reported 48 hours before the vessel departs from the loading port.
ISO 14000 Series Standards
ISPM 15 International Standards for Phytosanitary measure
Issuing Carrier: The carrier whose name is printed on the lading bill and with whom the carriage contract exists.
ITE Independent trading Exchange