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FrançaisDamage to goods which one can foresee is bound to occur during any normal transit, and which arises solely because of the nature or condition of the goods shipped. Such damage is said to arise from “inherent vice” which may…
Read MoreInland carrier
A transportation line that hauls export and import traffic between ports and airports and inland points.
Read MoreInland clearance depot
A combination transport terminal and customs clearance center at a location other than a port. Also called inland dry port.
Read MoreInside quota tariff rate (IQTR)
The tariff rate applicable to a product imported within the limits of a tariff quota volume.
Read MoreInstitute Cargo Clauses
Standard international transport insurance clauses, published by the Institute of London Underwriters. The Institute Cargo Clauses are three sets of clauses providing different level of protection: the “A” Clauses correspond to the general notion that is commonly referred to trade…
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