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Intercultural business

Intercultural business refers to business relationships with people from different cultures. Such an interaction is becoming more inevitable with the growth of globalization and the assurance that any sizable business can expect to encounter some form of intercultural business during its various transactions….

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Intermediary

In international trade, an individual or firm that brings together buyers and sellers for a fee without taking part in actual sales transactions. Due to the sporadic nature of his/her work, at the end of it, the intermediary does not…

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Intermediate consignee

Any party shown in the consignee field of a transport document other that the party for whom the shipment is destined. Typical intermediate consignees include buyer-appointed customs brokers or banks taking a security interest in shipped goods.

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Intermodal transport

The coordinated transport of freight, especially in connection with relatively long-haul movements using any combination of freight forwarders, piggyback, containerization, air-freight, ocean freight, assembles and motor carriers.

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