Sino-Global Shipping America has entered into a strategic partnership with Shandong Hi-speed TEU Logistics.
Shandong Hi-speed TEU was incorporated in April 2013 in Jinan City, Shandong, and is part of Shandong Hi-Speed Group Co. Group, one of China’s largest state-owned enterprises. The company’s main business is focused on the creation and operation of inter-city and urban distribution platforms for transporting 20 foot equivalent units, or TEU, across China and globally.
Sino-Global and Shandong Hi-speed TEU intend to cooperate in creating a standardised network that will unite carriers of TEUs in China via sea and rail and coordinate with parties in North America and Australia. The companies will serve both upstream and downstream customers through the platform, establishing a door-to-door logistics and supply chain service.
Lei Cao, Chief Executive Officer of Sino-Global, stated: “We intend to leverage our unique relationships in China to better form a true global logistics platform. The partnership with Shandong Hi-speed TEU will allow us to jointly build a platform that utilises technology to assist customers through the entire shipping value chain. A customer on the platform in Shandong can carry a container via rail in China and ship it to North America, where it can be seamlessly sent to a vendor who delivers it to end customers. We believe that this is another step in our evolution to a global logistics provider.”