Point Roberts, WA - February 28, 2013 (Investorideas.com newswire) - Investorideas.com, an investor research portal specializing in sector research for independent investors Issues a snapshot for China shipping stocks and a trading alert for China Logistics Group, Inc. ( OTCQB: CHLO), China Shipping Container Lines Co Ltd (CSCL) (2866-HK), (SHA:601866) and China Shipping Development Company Limited (1138.HK).
China Logistics ( OTCQB: CHLO)
is trading up over 4%. The Company reported yesterday that it has begun
to explore plans to establish its own warehouse facility for
international and domestic storage and logistics. The company believes
this strategy would serve to compliment its current international
freight forwarding, logistics management, and trucking services.
The Company also recently reported that it sees shipping volumes
doubling in 2013 for its South American route out of Shanghai launched
China Shipping Container Lines Co Ltd (CSCL) (2866-HK) last traded at $2.30, up 0.05(2.22%) on over 31 Million shares.
China Shipping Development Company Limited (1138.HK) traded at $4.32, gaining 0.16(3.85%) on over 10 Million shares.
About China Logistics Group, Inc.
China Logistics Group, Inc. (OTCQB: CHLO) is a U.S. company doing
business in China through its subsidiary Shandong Jiajia International
Freight & Forwarding Co., Ltd. (Shandong Jiajia). Established in
1999; Shandong Jiajia is an international freight forwarder and
logistics manager located in China. Shandong Jiajia acts as an agent for
international freight and shipping companies. It sells cargo space and
arranges land, maritime, and air international transportation for
clients seeking primarily to export goods from China. For more
information please visit http://www.chinalogisticsinc.com.
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