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Interstate Commerce Commission (U.S.).

Pallets and containers used in air transportation; the igloo shape fits the internal wall contours of a narrow-body airplane.

International Maritime Bureau.

International Maritime Organization.

Import License:
A document issued by a carrier and by some national governments authorizing the importation of goods into their individual countries.

Importation Point:
The location where goods will be cleared for importation into a country.

In Bond:
Goods are held or transported In-Bond under customs control either until import duties or other charges are paid, or to avoid paying the duties or charges until a later date.

incentive rate:
A rate that induces the shipper to ship heavier volumes per shipment.

International terms of sale developed by the International Chamber of Commerce.

independent action:
A carrier that is a rate bureau member may publish a rate that differs from the rate the rate bureau publishes.

The data, plus the interpretation necessary to understand it.

information system (I/S):
Managing the flow of data in an organization in a systematic, structured way to assist in planning, implementing, and controlling.

inherent advantage:
The cost and service benefits of one mode compared with other modes.

Inland Bill of Lading:
The carriage contract used in transport from a shipping point overland to the exporter's international carrier location.

Inland Carrier:
An enterprise that offers overland service to or from a point of export.

Inspection Certificate:
A document certifying that merchandise (such as perishable goods) was in good condition immediately prior to shipment.

A system of protection against loss under which a number of parties agree to pay certain sums (premiums) for a guarantee that they will be compensated under certain conditions for specified loss and damage.

Insurance Certificate:
A document issued to the consignee to certify that insurance is provided to cover loss of or damage to the cargo while in transit.

Integrated Carrier:
An airfreight company that offers a blend of transportation services such as air carriage, freight forwarding, and ground handling.

The transfer of cargo and equipment from one carrier to another in a joint freight move.

intercoastal carriers:
Water carriers that transport freight between East and West Coast ports, usually by way of the Panama Canal.

intercorporate hauling:
A private carrier hauling a subsidiary's goods and charging the subsidiary a fee; this is legal if the subsidiary is wholly owned or if the private carrier has common carrier authority.

Two or more motor carriers working together to haul a shipment to a destination. Carriers may interchange equipment but usually they rehandle the shipment without transferring the equipment.

Intermediate Destination:
A stopping point for a shipment prior to the final destination.

intermittent-flow, fixed-path equipment:
Materials handling devices that include bridge cranes, monorails, and stacker cranes.

Intermodal Container Transfer Facility:
A facility where cargo is transferred from one mode of transportation to another, usually from ship or truck to rail.

intermodal marketing company (IMC):
An intermediary that sells intermodal services to shippers.

intermodal transportation:
The use of two or more transportation modes to transport freight; for example, rail to ship to truck.

internal water carriers:
Water carriers that operate over internal, navigable rivers such as the Mississippi, Ohio, and Missouri.

International Air Transport Association:
An international air carrier rate bureau for passenger and freight movements.

International Civil Aeronautics Organization:
An international agency responsible for air safety and for standardizing air traffic control, airport design, and safety features worldwide.

International Import Certificate:
A document required by the importing country indicating that the importing country recognizes that a controlled shipment is entering their country. The importing country pledges to monitor the shipment and prevent its re-export, except in accordance with its own export control regulations.

International Maritime Bureau (IMB):
A special division of the International Chamber of Commerce.

International Maritime Organization (IMO):
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.

interstate commerce:
The transportation of persons or property between states; in the course of the movement, the shipment crosses a state boundary.

Interstate Commerce Commission (ICC):
An independent regulatory agency that implements federal economic regulations controlling railroads, motor carriers, pipelines, domestic water carriers, domestic surface freight forwarders, and brokers.

Interstate System:
The National System of Interstate and Defense Highways, 42,000 miles of four-lane, limited-access roads connecting major population centers.

intrastate commerce:
The transportation of persons or property between points within a state. A shipment between two points within a state may be interstate if the shipment had a prior or subsequent move outside of the state and the shipper intended an interstate shipment at

The number of units and/or value of the stock of goods a company holds.

inventory cost:
The cost of holding goods, usually expressed as a percentage of the inventory value; includes the cost of capital, warehousing, taxes, insurance, depreciation, and obsolescence.

inventory in transit:
Inventory in a carrier's possession, being transported to the buyer.

inventory management:
Inventory administration through planning, stock positioning, monitoring product age, and ensuring product availability.

A detailed statement showing goods sold or shipped and amounts for each. The invoice is prepared by the seller and acts as the document that the buyer will use to make payment.

irregular route carrier:
A motor carrier that may provide service utilizing any route.

International Standards Organization.

Issuing Carrier:
The carrier whose name is printed on the bill of lading and with whom the contract of carriage exists.


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