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Increased Value.  
International Association of Classification Societies
International Air Transport Association
IATA Cargo Agent
Agent approved by IATA and registered in the IATA Cargo Agency List. This enables the agent, upon authorization of the IATA carrier, to receive shipments, to execute Air Waybills and to collect charges (air cargo).  
IATA Member
Airline which is a member of IATA (air cargo).  
International Civil Aviation Organization
Institute Cargo Clauses. There are three basic sets of these clauses (A, B and C). The "A" clauses cover all risks, subject to specified exclusions. The "B" and "C" clauses cover specified risks, subject to specified exclusions.  
Inland Clearance Depot
International Cargo Handling Coordinating Association.  
International Chamber of Shipping
Unique data, e.g. name, number or code, determining a certain object or person.  
Idle Time
Amount of ineffective time whereby the available resources are not used, e.g. a container in a yard.  
Setting on fire or catching fire.  
International Labor Organization
International Maritime Dangerous Goods Code
International Medical Guide for Ships
Import License
Document required and issued by some national governments authorizing the importation of goods into their individual countries.  
Party responsible for the import of goods. For customs purposes it is the party that makes, or on whose behalf an agent makes, an import declaration.  
In Bond
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 will eventually be imposed.  
In Transit
Status of goods or persons between the outwards customs clearance and inwards customs clearance. Bonded Transit Warehouse
In 1936, the International Chamber of Commerce first published a set of international rules for the interpretation of trade terms. These rules became known as Incoterms. Amendments and additions have occurred in 1953, 1967, 1976, 1980, 1990 and 2000.  
Incremental Cost to Export
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.  
Compensation of lading for a loss and/or the expenses incurred.  
Indirect Route
Any route other than the direct route. Direct Route

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