Sino-Global jumps after launch of new full service logistic platform
Earlier today, Sino-Global Shipping America announced the launch of their new full service logistic platform. The proprietary logistics management application is accessible through the Company's website at www.sino-global.net and seamlessly connects 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. Mr. Lei Cao, Chief Executive Officer of Sino-Global, stated, "We are pleased to end 2016 with the launch of our fully functional website-based portal where shippers can connect with independent trucking organizations. Building a seamless connection that made economic sense for shippers, truckers, and end customers has been one of the Company's primary goals throughout the year. We are working to continue to partner with trucking operators and major shipping conglomerates as a part of the continued rollout of the portal and to further enhance functionality of the website. We believe that our full service logistic website will attract additional customers and alleviate some of competition as our online logistic strategy allows us to capitalize on ever growing trend of e-commerce and provides us with an opportunity to better serve our customers throughout the entire logistics supply chain." Shares of Sino-Global are up 11.34% or 38c to $3.73 per share.