China Logistics Group Optimistic for 2013

Freight forwarder and logistics management company China Logistics Group sees positive indications for its logistics operations in China in 2013.

Although there is still an overcapacity issue in the overseas shipping industry, the amount of container tonnage moving through major Chinese ports is rising and forecast to rise further in 2013, the company said in a written statement.

The company’s management believes China Logistics Group’s revenue will reach $30 million for the full year of 2013.

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