I

IACS
See International Association of Classification Societies.

IATA
See International Air Transport Association.

IATA Cargo Agent
An 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 (aircargo).

IATA Member
An airline which is a member of IATA (aircargo).

ICAO
See International Civil Aviation Organization.

ICD
See Inland Clearance Depot.

ICHCA
International Cargo Handling Coordinating Association.

ICS
See International Chamber of Shipping.

Identification
The unique data, e.g. name, number or code, determining a certain object or person.

Idle Time
The amount of ineffective time whereby the available resources are not used e.g. a container in a yard.

Ignition
Setting on fire or catching fire.
The point at which a market gains momentum, liquidity is achieved, and the Net market becomes a more efficient means of buying and selling than the traditional physical market or channel. (Related term: Critical mass, liquidity, network effect.)

ILO
See International Labour Organization.

IMDG Code
See International Maritime Dangerous Goods Code.

IMGS
See International Medical Guide for Ships.

IMO
See International Maritime Organization.

Importer
The party responsible for the import of goods.
For customs purposes it is the party who makes, or on whose behalf an agent makes, an import declaration. This party may be the party who has possession of the goods or to whom the goods are consigned.

In Transit
The status of goods or persons between the outwards customs clearance and inwards customs clearance.

Incoterms
Trade terms in coded form as established by the International Chamber of Commerce in 1953, whereafter they have been regularly updated. (Last update 1990).
The terms represent a set of international rules for the interpretation of the principal terms of delivery used in trade contracts.

Indemnification
Compensation for a loss and/or the expenses incurred.

Independent Demand
A demand which is unrelated to demand for other products. Demand for finished goods, parts required for destructive testing and service parts requirements are examples of independent demand.

Indirect Route
Any route other than the direct route.

Infomediary (consumer)
Trusted third parties that act as custodian, agent, or broker of customer information, marketing it to businesses on the consumer's behalf while protecting consumer privacy

Infomediary (business)
Third party that provides research, competitive information, and advice on products or services to help buyers make informed buying decisions. TestMart, for example, tells engineers whether a test and measurement device is Y2K compliant, whether manuals are in stock, warranties available on secondary equipment, etc. Synonyms: lead generator, vertical portal.

Information portal
Create, install. and host personalized Yahoo-like information portals for enterprises and their employees. Suppliers: Aeneid, Moreover. Synonym: vertical portal.

Infrastructure
System of roads, waterways, airfields, ports and/or telecommunication networks in a certain area.

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.

Insulated Container
Thermal container without the use of devices for cooling and/or heating.

Insulated Tank Container
Container frame holding one or more thermal insulated tanks for liquids.

Insurance
A system of protection against loss under 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
The party covering the risks of the issued goods and/or services that are insured.

Integrated Logistics Support
The systematic approach applied to simultaneous management and acquisition of equipment and related logistics support, in order to provide the customer with a desired level of availability. Resulting in an optimum life cycle cost and to maintain this level through the entire life cycle.

Interchange
Reciprocal exchange of e.g. information between two or more parties.

Intercoastal
As opposite to coastal water operations, intercoastal refers to water transport carried out between coasts (e.g. between pacific and atlantic coasts).

Intercontainer
A co-operative formed by 19 European Railways, for the management of international rail container traffic in Europe.

Interline
Two or more road transport companies joining operations to bring cargo to a certain destination.

Intermediary
Aggregates data and facilitates transactions by bringing buyers and sellers together. Internet-based intermediaries create multivendor, multiproduct marketplaces.

Intermodal Transport
The movement of goods (containers) in one and the same loading unit or vehicle which uses successively several modes of transport without handling of the goods themselves in changing modes.

International Air Transport Association
Abbreviation: IATA
An international organization of airlines, founded in 1945, with the aim of promoting the commercial air traffic. This should be achieved by cooperation between parties concerned and by performance of certain rules, procedures and tariffs, regarding both cargo and passengers, by those parties.

International Association of Classification Societies
Abbreviation: IACS
An organization in which the major classification societies, among others American Bureau of Shipping, Lloyd's Register of Shipping and Germanischer Lloyd, are joined, whose 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 (aircargo).

International Chamber of Shipping
Abbreviation: ICS
A voluntary organization of national shipowner' associations with the objective to promote interests of its members, primarily in the technical and legal fields of shipping operations.

International Civil Aviation Organization
Abbreviation: ICAO
An international organization of governments, dealing with search and rescue in distress, weather information, telecommunications and navigational requirements.

International Labour Organization
Abbreviation: ILO
An United Nations agency, dealing with employment rights and working conditions, covering work at sea and in ports.

International Maritime Dangerous Goods Code
Abbreviation: IMDG Code
A code, representing the classification of dangerous goods as defined by the International Maritime Organization (IMO) in compliance with international legal requirements.

International Maritime Organization
Abbreviation: IMO
An United Nations agency concerned with safety at sea. Its work includes codes and rules relating to tonnage measurement of vessels, load lines, pollution and the carriage of dangerous goods.
Its previous name was the Inter-Governmental Maritime Consultative Organization (IMCO).

International Medical Guide for Ships
Abbreviation: IMGS
'The doctor at sea'.

International Organization for Standardization
Abbreviation: ISO
A worldwide federation of national standards institutes (ISO member bodies).

International Safety Management code
This international standard for the safe management and operation of ships prescribes rules for the organization of a shipping company management in the context of safety and pollution prevention and requires the development and implementation of a safety management system.

International Transport and Information System
Abbreviation: INTIS
An organization with the aim to improve the position of the port of Rotterdam by the development, realization and exploitation of a communication- and information network for computers.

INTIS
See International Transport and Information System.

Inventory
A detailed list of goods located in a certain space or belonging to a specified object.
Goods available for satisfying certain demands. Inventories may consist of finished goods ready for sale, they may be parts or intermediate items, they may be work in process, or they may be raw materials.
Synonym: Stock.

Invoice
An account from the supplier, for goods and/or services supplied by him.

ISO
See International Organization for Standardization.

Item
Separate article or unit.

Itinerary
The route of a means of transport, indicated by the names of the ports of call or other locations, often including estimated arrival and departure dates.

J

Jettison
The act of intentionally throwing cargo overboard e.g. with the objective of lightening a vessel, which has run aground, such for the common good of all interests: vessel, crew and remaining cargo (see GA).

Jetty
A mole or breakwater, running out into the sea to protect harbour or coast. It is sometimes used as a landing-pier.

Jib
Projecting arm of a crane.
Attachment connected to the top of a crane boom.

JIT
See Just In Time.

Job
That work which is undertaken to meet a customer or production order and, for production control purposes, has a unique identification.

Joint Venture
A joint activity of two or more companies, usually performed under a common name.

Jurisprudence
Juridical decisions used for explanation and meaning of law.

Just In Time
Abbreviation: JIT
The movement of material/goods at the necessary place at the necessary time.
The implication is that each operation is closely synchronized with the subsequent ones to make that possible.
A method of inventory control that brings stock into the production process, warehouse or to the customer just in time to be used, thus reducing stock piling.