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CHLO China Logistics


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CHLO China Logistics

chlo

Symbol:   CHLO

Website:     www.chinalogisticsinc.com

 

Outstanding Shares:              41.5M

Float:                                               24.2M

 

China Logistics Inc. (CHLO) is a Shanghai, the People’s Republic of China based company, founded in 1997, whose operations focus on the international freight forwarding and logistics managing services for international shipping and freight companies.

 

As a U.S founded company, CHLO is conducting business in Shanghai through the sale of cargo space and the arrangement of international transportation by means of maritime, land, and air routes for those seeking to export good to or from China. Together, with the aid of CHLO’s subsidiaries, CHLO offers clients a comprehensive service package in which CHLO will respectively receive the goods, provide warehousing, transportation, consolidation, make the appropriate customs and inspection declarations, and combine all large scale logistics. For this reason, CHLO’s exceptional customer service has resulted in CHLO establishing strong relationships with both international and domestic transportation service providers and shipping companies in North America, Australia, Europe, Afrifa, and Asia including globally known shipping companies such as P&O (Nedlloyd), NYK (Nippon Yusen Kaisha), and RCL (Regional Container Lines). As so, CHLO has developed multiple branch offices in major seaports in China including Shanghai, Lianyungang, Xiamen, and Qingdao that bring an addition to CHLO’s U.S office in Los Angeles, California.

 

The establishments of CHLO’s China offices come at a suitable time as the amount of container tonnage moving through leading Chinese seaports are on the rise and are forecasted to increase further in 2013. It is because of this economic recovery China will see that CHLO anticipates its total revenue for the end of 2013 will total $30 million. Additionally, in order to take full advantage of this industry, CHLO has recently announced an added service to its clients. CHLO has partnered with a highly recognized domestic trucking company to launch CHLO’s very own domestic trucking services in China. CHLO will offer its latest service, via a small fleet of trucks, to select locations and customers that are in close proximity to CHLO’s other ports. Further growth in 2013 will also be seen by CHLO as its total freight volume from January 2012-September 2012 generated approximate revenues of $6.7 million from its freight services provided by the international routes from Shanghai to the U.S, Europe, Middle East, and Southeast Asia.

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