Hazmat: Hazardous materials regulated by various gov-
ernment agencies, DOT/CFR Title 49, IATA, IMCO, Coast
Guard, etc. Personnel who interface with hazmat cargoes
need to be certified to do so.
Hedging: A mechanism that allows an exporter to take a
position in a foreign currency to protect against losses due
to wide fluctuations in currency exchange rates.
Hold: The space below deck inside an ocean-going vessel.
International Air Transportation Association (IATA):
Agency that regulates and promotes safe, reliable, secure,
and economical air services for travelers and air freight.
In bond: Transportation of merchandise under custody of
a bonded carrier
Irrevocable letter of credit: A letter of credit in which the
specified payment is guaranteed by the bank ...