China Logistics Group Inc Stock

Equities

CHLO

US16944B1008

Business Support Services

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China Logistics Group, Inc., through its subsidiary, operates as a freight forwarder and logistics management company. The Company acts as an agent for international freight and shipping companies; sells cargo space, and arranges land, maritime and air international transportation. It provides freight forwarding service package, which includes goods reception, space reservation and multimodal transport. It provides freight forwarding services for a range of merchandise. For shipments of less than full container loads, merchandise which will be consolidated with merchandise from other customers or freight forwarders, its customers may either request that the merchandise be picked up at its factory or deliver the merchandise to a warehouse in Shanghai. Once the ship departs port, it tracks the status utilizing Web-based tracking software provided by each particular shipping agency and provides periodic updates to customers on both the shipping and receiving end of the transaction.
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