From "thestreet";
"The industry is being affected by a supply/demand imbalance. As noted in a study by the Texas
Transportation Institute (TTI), our deteriorating transportation system is costing the US economy more than
$78 billion annually in lost time and fuel. The US transportation infrastructure, as it stands today, is not
adequately equipped to handle higher freight and passenger volumes and requires huge investments to
sustain growth. Underinvestment is hurting industry performance and legislation funding is inadequate to
address the depth and breadth of transportation issues.
From SINO's latest PR:
"Mr. Lei Cao, Chief Executive Officer of Sino-Global, stated, "We are very excited to extend our Project Agreements with Sinotrans Guangxi and COSFRE Beijing. Containerization has key advantages over bulk shipments, which include containers being easily moved from one mode of transportation to another. We believe there is an opportunity that has been created by an imbalance in trans-pacific trade from China that has yet to be captured by the North American sector, particularly given the ongoing increase in Chinese demand. These Project Agreements allow the Company to capitalize on that opportunity and officially mark the continuance of its strategic partnerships with two leading China state-owned logistics and transportation companies, making Sino-Global a crucial partner in their U.S.-related business while further establishing our foothold in the U.S. logistics market, as a global logistics services provider."
SINO understands there is a problem and has a plan to help!
"The only thing necessary for evil to succeed is for good men to do nothing"
