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Sino-Global signs strategic agreement with China state-owned exporter

Published 01 June 2018

Sino-Global Shipping America, a non-asset based global shipping and freight logistics integrated solution provider, has signed a strategic agreement with Sichuan Changjiang Group, a China state-owned importer/exporter.

Pursuant to the strategic agreement, Sino-Global will serve as the general purchasing agent of sulfur and wood products in the U.S. as well as the exclusive logistics service provider for Sichuan Changjiang.

 Under the agreement, Sino-Global will be responsible for arranging key personal as well as contacting suppliers located in the United States.

 The strategic agreement provides an opportunity to improve operational efficiency and reduce overall costs for Sichuan Changjiang by utilizing Sino-Global's logistics services with both parties potentially benefiting from an increase in market share and the further development of their businesses.

Sino-Global CEO Lei Cao said: "Entering into this agreement with such an established partner as Sichuan Changjiang is an important achievement for the Company and will bring further awareness to Sino-Global as a global logistics service provider.

“We look forward to a long working relationship with Sichuan Changjiang and are confident that this partnership will add value and strengthen profit margins for both businesses."

Founded in 1980, formerly known as Sichuan Changjiang Business Enterprise (Group) Co., Ltd. is a state-owned enterprise whose primary business is international trade. The company's business scope covers the importation / exportation of domestic and frontier trade.

Sichuan Changjiang Group Corp., LTD. has 28 business divisions, with six wholly-owned venture enterprises and 29 holding companies with established wholly-owned enterprises, joint ventures or representative offices located in Hong Kong, Japan, Canada, Germany, USA, Italy, the United Arab Emirates, Russia, Hungary and Myanmar.

Founded in the United States in 2001, Sino-Global Shipping America, Ltd. is a company engaged in shipping, chartering, logistics and related business services. Headquartered in New York, Sino-Global has offices in Los Angeles, mainland China, Australia, Canada and Hong Kong.

Source: Company Press Release