ROSLYN, N.Y., Jan. 9,
2017 /PRNewswire/ -- Sino-Global Shipping America, Ltd.
(NASDAQ: SINO) ("Sino-Global", the "Company" or "us"), a company
engaged in shipping, chartering, logistics and related services,
today announced that it has entered into a joint venture agreement
with Jetta Global Logistics Inc ("Jetta"). Pursuant to the
agreement, short haul transportation services will be provided for
all shipping requests received via the Company's new full service
logistic platform.
Sino-Global's proprietary logistics management application was
launched in December 2016 to
seamlessly connect shipping customers with short to long haul
trucking transportation services throughout the United States. The Company designed
the website portal to enhance productivity and convenience for
customers and partners while simultaneously providing Sino-Global
with a steady fee income from providing the connection. The
application is accessible through the Company's website at
www.sino-global.net. The joint venture will be entitled to
exclusively utilize this application for the services in the
New York and New Jersey area.
Mr. Lei Cao, Chief Executive Officer of Sino-Global, stated,
"The joint venture agreement is a step forward in assisting our
customers throughout the entire logistic supply chain. Through the
agreement, we are able to ensure that our customers in China will be connected with short haul
trucking transportation services for all shipments arriving in
New Jersey and New York ports. The agreement will leverage
our new logistic web-based application and the Company will collect
a percentage of the total profits for the connection. We intend to
continue to seek additional customers and strategic partnerships
that will further supplement our end to end global logistics
services in the future and for the long-term."
Jetta Global Logistics Inc is a licensed and insured freight
shipping and trucking company that provides container trucking,
freight forwarding and custom clearance services to customers
located throughout New York and
New Jersey.
About Sino-Global Shipping America, Ltd.
Founded in the United States in
2001, Sino-Global Shipping America, Ltd. is a company engaged in
shipping, chartering, logistics and related services. Headquartered
in New York, Sino-Global has
offices in Los Angeles, Mainland
China, Australia, Canada and Hong
Kong. The Company's current service offerings consist of
inland transportation management services and freight logistic
services. Additional information about Sino-Global can be found on
the Company's corporate website at www.sino-global.net. The Company
routinely posts important information on its website.
Forward Looking Statements
No statement made in this press release should be interpreted as
an offer to purchase any security. Such an offer can only be made
in accordance with the Securities Act of 1933, as amended, and
applicable state securities laws. Any statements contained in this
release that relate to future plans, events or performance are
forward-looking statements that involve risks and uncertainties as
identified in Sino-Global's filings with the Securities and
Exchange Commission. Actual results, events or performance may
differ materially. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
the date hereof. Sino-Global undertakes no obligation to publicly
release the results of any revisions to these forward-looking
statements that may be made to reflect the events or circumstances
after the date hereof or to reflect the occurrence of unanticipated
events.
Contact Information
The Equity Group Inc.
Adam Prior
Senior Vice-President
+1 (212)-836-9606 /
aprior@equityny.com
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SOURCE Sino-Global Shipping America, Ltd.