I.A. (Independent
Action): The right of a
conference member to publish a
rate of tariff rule that departs
from the Agreement's common rate
or rule.
IATA (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.
ICC: Abbreviation for
Interstate Commerce Commission/
International Chamber of
Commerce.
IE (Immediate Exit): The
US Customs IE Customs form is
used when goods are brought into
the US and are to be immediately
re-exported without being
transported within the US.
I.F.M. (Inward Freight
Manifest): A complete
listing of all cargo entering
the country of discharge.
Required at all world ports.
Failure to provide, errors in
preparation, or late submittal
causes the vessel operator to be
fined. IFM is the primary source
of cargo control, against which
duty is assessed by the
receiving country. Since it is a
revenue-producing document, it
must be accurate.
I.M.C.O. (International
Maritime Consultative
Organization): A United
Nations-affiliated organization
representing all maritime
countries in matters affecting
maritime transportation,
including the movement of
dangerous goods, bulk
commodities and maritime
regulations. The organization
also is involved in
deliberations on marine
environmental pollution.
I.M.D.G. Code (International
Maritime Dangerous Goods Code):
The regulations published by the
IMO for transporting hazardous
materials internationally.
Immediate Exportation: An
entry that allows foreign
merchandise arriving at one port
to be exported from the same
port without payment of duty.
Immediate Transport (I.T.):
Allows foreign merchandise
arriving at one port to be
transported in bond to another
port, where a superseding entry
is filed.
Import: To receive goods
from a foreign country.
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.
In Gate: The transaction
or interchange that occurs at
the time a container is received
by a rail terminal or water port
from another carrier.
Incentive Rate: A
lower-than usual tariff rate
assessed because a shipper
offers a greater volume than
specified in the tariff. The
incentive rate is assessed for
that portion exceeding normal
volume.
INCOTERMS: The recognized
abbreviation for the
International Chamber of
Commerce Terms of Sale. These
terms were last amended,
effective July 1, 1990.
Indemnity Bond: An
agreement to hold a carrier
harmless with regard to a
liability.
Independent Action:
Setting a rate within a
conference tariff that is the
different from the rate (s) for
the same items established by
other Conference members.
Independent Tariff: Any
body of rate tariffs that are
not part of an agreement or
conference system.
Inducement: Placing a
port on a vessel's itinerary
because the volume of cargo
offered by that port justifies
the cost of routing the vessel.
Inland Carrier: A
transportation line that hauls
export or import traffic between
ports and inland points
Inspection Certificate: A
certificate issued by an
independent agent or firm
attesting to the quality and/or
quantity of the merchandise
being shipped. Such a
certificate is usually required
in a letter of credit for
commodity shipments.
Installment Shipments:
Successive shipments are
permitted under letters of
credit. Usually they must take
place within a given period of
time.
Insulated Container: A
container insulated on the
walls, roof, floor and doors, to
reduce the effect of external
temperatures on the cargo.
Insulated Tank: The frame
of a container constructed to
hold one or more thermally
insulated tanks for liquids.
Interchange Points: A
terminal at which freight in the
course of transportation is
delivered by one transportation
line to another.
Intercoastal: Water
service between two coasts. In
the US, this usually refers to
water service between the
Atlantic and Pacific Coasts.
Interline Freight:
Freight moving from origin to
destination over the lines of
two or more transportation
carriers.
Intermediate Points: A
point located en route between
two other points.
Intermodal: Term used to
denote movements of cargo and
containers interchangeably
between transport modes (motor,
water and air carriers) where
the equipment is compatible
within the multiple systems.
Interstate Commerce
Commission (ICC): The US
federal body charged with
enforcing acts of the US
Congress that affect common
carriers in interstate control.
Invoice: An itemized list
of goods shipped to a buyer,
stating quantities, prices,
shipping charges, etc.
Inward Foreign Manifest: (IFM):
A complete listing of all cargo
entering the country of
discharge. Required at all world
ports and is the primary source
of cargo control, against which
duty is assessed by the
receiving country.
Inland Point Intermodal (IPI):
Refers to inland points
(non-ports) that can be served
by carriers on a through bill of
lading.
I.S.O.: International
Standards Organization which
deals in standards of all sorts,
ranging from documentation to
equipment packaging and
labeling.
Issuing Carrier: The
carrier issuing transportation
documents or publishing a
tariff.
I.T. (Immediate Transport):
U.S. Customs document prepared
by carrier to allow a shipment
to proceed from port of entry in
United States to Customs
clearing at destination. The
shipment clears Customs at its
final destination.
