ROSLYN, N.Y., Jan. 21, 2020 /PRNewswire/ -- Sino-Global
Shipping America, Ltd. (NASDAQ: SINO) ("Sino-Global", the "Company"
or "we"), a non-asset based global shipping and freight logistic
integrated solution provider, today announced the signing of Joint
Venture Agreement (the "Agreement") with Mr. Shanming Liang ("Mr. Liang").
Mr. Liang.is an expert importer of agriculture products for the
customers located in Southern
China, and Sino-Global expects to work with Mr. Liang to
resume the project of "Bulk Cargo Containerized" since the
China and US trade deal was
finally signed January 15, 2020.
Pursuance to the Agreement, a new joint venture company is
registered and will take full responsibility for purchasing
agriculture products in North
America. Sino-Global will provide the whole supply chain
logistic services for products of Soybean, Corn, Alfalfa etc. that
ship from North America to
Mr. Lei Cao, Chief Executive Officer of Sino-Global, stated,
"During the passing year, the international trade and trade-related
shipment has decreased a lot due to the trade war between
China and the US. In such an
environment, Sino-Global's business was inevitably affected. As the
trade deal "Phase One" was duly signed by both governments
last Wednesday, the trade between China and the US will be heating up soon. We
believe that with the resuming of our containerized project, we can
bring continuous and stable revenue to the company in the coming
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
shipping agency services, shipping and chartering services, inland
transportation management services and ship management 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
Sino-Global Shipping America,
Tel: +1 718 888 1814
SOURCE Sino-Global Shipping America, Ltd.