Why is Classification in the Aerospace Industry so Difficult?

Tradelane-Header classifying planes.pptx

What if I told you classifying an airplane was like classifying the parts of the human body. Don’t worry, you don’t have to be an anatomist to be able to classify an airplane, but the intricacies do draw some parallels. The human body is made up of organs, tissue, muscles, bones, tendons, etc., whereas an airplane is made up of panels, motors, computers, seats, bolts and screws, and thousands of other parts.

Read More

Topics: Classification, Tradewin

Incoterms® 2020: What's New?

Tradelane-Header incoterms 2020 size formatted

Incoterms® are defined by International Chamber of Commerce (ICC) to facilitate trade across the globe. They are internationally accepted standards which define the responsibilities of sellers and buyers for delivery of goods under sales contracts. Incoterms® are used to specify how the costs and risks associated with the cross-border transportation of goods are borne between the buyer and seller.

Read More

Topics: Classification, Tradewin, Risk

Looking Back on 2017

2017 Looking Back2.jpg

2017 is in the books and was, by many accounts, a tumultuous year for the world. President Trump began his presidency that continues to transform world politics, the U.K. triggered Article 50 to begin the Brexit process, Mohammad bin Salam in Saudi Arabia is reshaping the Middle East, there is saber-rattling on the Korean Peninsula, and I have not even mentioned China.

Every corner of the world is experiencing a level and a speed of change and transition that we typically only see in wartime. There was also that solar eclipse in North America. How cool was that?

Read More

Topics: Tradewin