ROSLYN, N.Y., Jan. 9, 2017
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.
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SOURCE Sino-Global Shipping America, Ltd.