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Individually Validated Export License
A required document issued by the Government authorizing the export of specific commodities. This license is for a specific transaction or time period in which the exporting is to take place. General Export License
Inherent Vice
Characteristic of cargo which causes, or is liable to cause, loss or damage to the cargo, without any accident occurring (e.g. spontaneous combustion). It is always excluded by the insurers of the cargo because of its inevitable nature.  
Inland Bill of Lading
Synonym for Consignment Note, used in USA and Canada. Consignment Note
Inland Clearance Depot
Abbreviation: ICD. Inland location where cargo, particularly containerized, may be cleared by customs.  
Inland Waterways Bill of Lading
Transport document made out to a named person, to order or to bearer, signed by the carrier and handed to the sender after receipt of the goods.  
Inspection Company
Company providing inspection of goods and packing to meet special requirements and specifications called for by buyer and seller.  
Insulated Container
Thermal container without devices for cooling and/or heating.  
Insulated Tank Container
Container frame holding one or more thermal insulated tanks for liquids.  
Insurable Interest
It is illegal for anyone to insure without an insurable interest or, in the case of marine insurance, a reasonable expectation of acquiring such interest. In general, a party has such interest when its relationship to property at risk may result in the exposure to loss or liability and where it stands to gain by the safety of the property.  
Protection against loss or damage for which a party agrees to pay a certain sum (premiums) for a guarantee that they will be compensated under certain conditions for loss or damage.  
Insurance Certificate
Proof of an insurance contract.  
Insurance Company
Party covering the risks of the insured goods and/or services.  
Insured Party
Assured Party
Integrated Hardfreight
SwissGlobalCargo's time definite door-to-door airfreight service without weight limits.  
Integrated Logistics Support
Systematic approach applied to simultaneous management of equipment and related logistics support, in order to provide the customer with a desired level of goods available.  
As opposed to coastal water operations, intercoastal refers to water transport carried out between coasts (e.g. between Pacific and Atlantic coasts).  
Cooperative formed by 19 European railways, for the management of international rail container traffic in Europe.  
Interim Receipt
Receipt given by a carrier pending execution of an Air Waybill.  
Interline Agreement
Cooperation between two or more airlines for the carriage over particular routes.  
Interline Carriage
Carriage over the routes of two or more parties of an interline agreement.  
Interline Carrier
Carrier with whom another carrier has an interline agreement.  
Intermodal Transport
Movement of goods (containers) in one and the same loading unit or vehicle which successively uses several modes of transport without handling the goods themselves in changing modes. Combined Transport
International Air Transport Association
Abbreviation: IATA. International organization of airlines, founded in 1945, with the aim of promoting commercial air traffic. It encourages cooperation between parties concerned and ensures that these interested parties follow certain rules, procedures and tariffs, regarding both cargo and passengers.  
International Association of Classification Societies
Abbreviation: IACS. Organization in which the major classification societies, among others American Bureau of Shipping, Lloyd's Register of Shipping and Germanischer Lloyd, are joined. Its principal aim is the improvement of standards concerning safety at sea.  
International Carriage
Carriage whereby the place of departure and any place of landing are situated in more than one country.  

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