IATA (International Air Transport Association)
A global trade association for airlines that sets industry standards for air transportation.
Definition
A global trade association for airlines that sets industry standards for air transportation. IATA regulates cargo handling practices air waybill documentation and airline safety protocols
Related Terms
IBC (Intermediate Bulk Container)
A durable reusable container designed to transport or store bulk liquids chemicals or powders.
Import Declaration
A document filed with customs authorities that provides detailed information about imported goods.
Import Duty
A tax imposed on goods imported into a country.
Importer Security Filing (ISF)
The Importer Security Filing (ISF) commonly referred to as \10+2\" is a mandatory filing required by U.S. Customs and Border Protection (CBP) for shipments entering the United States by ocean freight."
In-Bond Shipment
A type of shipment that moves under customs bond before the import duties and taxes are paid.
Incoterms (International Commercial Terms)
A standardized set of trade terms published by the International Chamber of Commerce (ICC) that define the responsibilities of buyers and sellers in international trade.
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