• INLAND BILL OF LADING
  • A bill of lading used in transporting goods overland to the exporter’s international carrier.
  • INHERENT VICE
  • A loss caused by the inherent nature of the thing insured and not the result of a casualty or external cause.
  • 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 trans-shipment to another point, where duties will eventually be imposed.
  • HAZARDOUS CARGO
  • Poses hazards to handlers or to other cargoes and, because of this, requires special handling. Often subject to regulatory control.
  • HARMONIZED SYSTEM
  • An international commodity classification system, developed under the auspices of Customs Cooperation Council, adopted by the United States in 1989 and increasingly the most widely accepted import/export classification methodology. Replaces SCHEDULE B export codes and TARIFF SCHEDULE OF THE U.S. import codes.