Singularity Future Technology (SGLY) 10-Q 14 May 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Mar. 31, 2018	May 11, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	Sino-Global Shipping America, Ltd.
Entity Central Index Key	1,422,892
Trading Symbol	SINO
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		12,435,535

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2018	Jun. 30, 2017
Current assets
Cash and cash equivalents	$ 9,549,942	$ 8,733,742
Accounts receivable, less allowance for doubtful accounts of $1,350,531 and $185,821 as of March 31, 2018 and June 30, 2017, respectively	4,757,547	2,569,141
Other receivables, less allowance for doubtful accounts of $145,244 and $145,244 as of March 31, 2018 and June 30, 2017, respectively	167,018	37,811
Advances to suppliers-third parties	442,137	54,890
Advances to suppliers-related party	3,601,421	3,333,038
Prepaid expenses and other current assets	397,368	311,136
Due from related parties, net	2,249,544	1,715,130
Total Current Assets	21,164,977	16,754,888
Property and equipment, net	536,282	187,373
Intangible assets, net	168,889
Prepaid expenses		6,882
Other long-term assets	137,850	117,478
Deferred tax assets	1,670,100	749,400
Total Assets	23,678,098	17,816,021
Current Liabilities
Advances from customers	373,172	369,717
Accounts payable	472,085	206,211
Taxes payable	2,401,934	1,886,216
Due to related parties		206,323
Accrued expenses and other current liabilities	423,877	418,029
Total Current Liabilities	3,671,068	3,086,496
Income tax payable - noncurrent portion	440,219
Total Liabilities	4,111,287	3,086,496
Commitments and Contingencies
Equity
Preferred stock, 2,000,000 shares authorized, no par value, none issued.
Common stock, 50,000,000 shares authorized, no par value; 12,611,032 and 10,281,032 shares issued as of March 31, 2018 and June 30, 2017, respectively; 12,435,535 and 10,105,535 outstanding as of March 31, 2018 and June 30, 2017, respectively	22,046,330	20,535,379
Additional paid-in capital	2,386,864	688,934
Treasury stock, at cost, 175,497 shares as of March 31, 2018 and June 30, 2017	(417,538)	(417,538)
Retained earnings (accumulated deficit)	105,939	(893,907)
Accumulated other comprehensive income (loss)	153,775	(414,564)
Total Sino-Global Shipping America Ltd. Stockholders' Equity	24,275,370	19,498,304
Non-controlling Interest	(4,708,559)	(4,768,779)
Total Equity	19,566,811	14,729,525
Total Liabilities and Equity	$ 23,678,098	$ 17,816,021

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) (Unaudited) - USD ($)	Mar. 31, 2018	Jun. 30, 2017
Statement of Financial Position [Abstract]
Accounts receivable, allowance for doubtful accounts	$ 1,350,531	$ 185,821
Other receivables, allowance for doubtful accounts	$ 145,244	$ 145,244
Preferred stock, shares authorized	2,000,000	2,000,000
Preferred stock, par value
Preferred stock, shares issued
Common stock, shares authorized	50,000,000	50,000,000
Common stock, par value
Common stock, shares issued	12,611,032	10,281,032
Common stock, shares outstanding	12,435,535	10,105,535
Treasury stock, shares	175,497	175,497

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017
Income Statement [Abstract]
Net revenues - third parties	$ 4,699,170	$ 1,984,834	$ 14,179,256	$ 4,591,381
Net revenues - related party	501,000	762,777	1,621,406	2,229,180
Total revenues	5,200,170	2,747,611	15,800,662	6,820,561
Cost of revenues	(3,405,435)	(1,132,213)	(10,447,231)	(1,789,348)
Gross profit	1,794,735	1,615,398	5,353,431	5,031,213
General and administrative expenses	(1,477,514)	(612,441)	(4,067,885)	(2,248,639)
Selling expenses	(35,363)	(41,245)	(393,090)	(153,429)
Total operating expenses	(1,512,877)	(653,686)	(4,460,975)	(2,402,068)
Operating income	281,858	961,712	892,456	2,629,145
Other income (expense)
Financial income (expense), net	170,134	34,167	392,729	(57,737)
Total other income (expense)	170,134	34,167	392,729	(57,737)
Net income before provision for income taxes	451,992	995,879	1,285,185	2,571,408
Income tax benefit (expense)	(216,095)	303,196	58,597	158,184
Net income	235,897	1,299,075	1,343,782	2,729,592
Net income (loss) attributable to non-controlling interest	150,943	4,021	343,936	(104,083)
Net income attributable to Sino-Global Shipping America, Ltd.	84,954	1,295,054	999,846	2,833,675
Comprehensive income (loss)
Net income	235,897	1,299,075	1,343,782	2,729,592
Foreign currency translation income (loss)	164,446	4,871	309,763	(114,011)
Comprehensive income	400,343	1,303,946	1,653,545	2,615,581
Less: Comprehensive income (loss) attributable to non-controlling interest	30,785	(19,419)	92,150	4,702
Comprehensive income attributable to Sino-Global Shipping America Ltd.	$ 369,558	$ 1,323,365	$ 1,561,395	$ 2,610,879
Earnings per share
-Basic	$ 0.01	$ 0.14	$ 0.10	$ 0.33
-Diluted	$ 0.01	$ 0.14	$ 0.10	$ 0.33
Weighted average number of common shares used in computation
-Basic	10,835,535	8,994,146	10,433,272	8,514,080
-Diluted	10,870,221	9,028,928	10,479,555	8,534,701

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Operating Activities
Net income	$ 1,343,782	$ 2,729,592
Adjustment to reconcile net income to net cash provided by (used in) operating activities:
Amortization of stock options	9,665	77,320
Amortization of stock - based compensation to consultants	432,125	547,138
Amortization of stock - based compensation to employees	182,000
Depreciation and amortization	63,402	36,432
Provision for (recovery of) doubtful accounts - accounts receivable	1,164,710	(107,608)
Provision for doubtful accounts - due from related parties	243,433
Deferred tax benefit	(920,700)	(387,900)
Changes in assets and liabilities
Accounts receivable	(3,246,911)	517,463
Other receivables	(80,145)	184,753
Advances to suppliers - third parties	50,465	816,715
Prepaid expense and other current assets	(84,147)	65,279
Due from related parties	(784,363)	(2,843,131)
Other long-term assets		(14,185)
Advances from customers	(23,218)	324,476
Accounts payable	243,380	312,883
Taxes payable	798,012	201,259
Due to related parties	(206,323)	156,841
Accrued expenses and other current liabilities	889	514,445
Net cash provided by (used in) operating activities	(813,944)	3,131,772
Investing Activities
Acquisition of property and equipment	(379,917)	(55,474)
Acquisition of intangible assets	(190,000)
Prepayment for intangible assets	(437,357)
Net cash used in investing activities	(1,007,274)	(55,474)
Financing Activities
Proceeds from issuance of common stock, net	2,585,091	4,319,988
Proceeds from exercise of stock options		82,500
Net cash provided by financing activities	2,585,091	4,402,488
Effect of exchange rate fluctuations on cash and cash equivalents	52,327	(24,591)
Net increase in cash and cash equivalents	816,200	7,454,195
Cash and cash equivalents at beginning of period	8,733,742	1,385,994
Cash and cash equivalents at end of period	9,549,942	8,840,189
Supplemental information
Income taxes paid	$ 60,162	$ 89,324

Organization and Nature of Busi

Organization and Nature of Business	9 Months Ended
	Mar. 31, 2018
Organization and Nature of Business [Abstract]
ORGANIZATION AND NATURE OF BUSINESS	Note 1. ORGANIZATION AND NATURE OF BUSINESS Founded in the United States (the “U.S.”) in 2001, Sino-Global Shipping America, Ltd., a Virginia corporation (“Sino-Global” or the “Company”), is a non-asset based global shipping and freight logistics integrated solutions provider. The Company provides tailored solutions and value-added services for its customers to drive effectiveness and control in related links throughout the entire shipping and freight logistics chain. The Company conducts its business primarily through its wholly-owned subsidiaries in the U.S., the People’s Republic of China, including Hong Kong (the “PRC”), Australia and Canada. Currently, a significant portion of the Company’s business is generated from clients located in the PRC and the U.S. The Company’s Chinese subsidiary, Trans Pacific Shipping Limited, a wholly-owned foreign enterprise (“Trans Pacific Beijing”), is the 90% owner of Trans Pacific Logistics Shanghai Limited (“Trans Pacific Shanghai”). Trans Pacific Beijing and Trans Pacific Shanghai are referred to collectively as “Trans Pacific”. The Company’s inland transportation management services are operated by its subsidiaries in the PRC, Hong Kong and the U.S. The Company’s freight logistics services are operated by its subsidiaries in the PRC and the U.S. The Company’s container trucking services are currently operated by its subsidiaries in the PRC and through a joint venture in the U.S. The Company’s newly added bulk cargo container trucking services are currently operated by its subsidiary in the U.S. The Company has increased its business in the U.S. since the launch of the short haul container truck services web-based platform. In August 2016, the Company’s Board of Directors (the “Board”) authorized management to move forward with the development of a mobile application that will provide a full-service logistics platform between the U.S. and the PRC for short-haul trucking in the U.S. Upon the completion of the platform, the Company signed two significant agreements with COSCO Beijing International Freight Co., Ltd. (“COSFRE Beijing”) and Sino-Trans Guangxi in December 2016. Pursuant to the agreement with COSFRE Beijing, the Company will receive a percentage of the total amount of each transportation fee for the arrangement of inland transportation services for COSFRE Beijing’s container shipments into U.S. ports. For the strategic cooperation framework agreement with Sino-Trans Guangxi, which is a subsidiary of Sino-Trans Limited, the Company expects to utilize both parties’ existing resources and establish an integrated logistics plan to provide an end-to-end supply chain solution for customers shipping soybeans and sulfur products from the U.S. to southern PRC via container. On January 5, 2017, the Company entered into a joint venture agreement and formed a new joint venture company named ACH Trucking Center Corp. (“ACH Center”) with Jetta Global Logistics Inc. (“Jetta Global”). Along with the establishment of ACH Center, the Company began providing short haul trucking transportation and logistics services to customers located in the New York and New Jersey areas. The Company holds a 51% ownership stake in ACH Center. Although the establishment of ACH Center brought benefited for the Company and Jetta Global, it could not satisfy long term development for both the Company and Jetta Global. The Company signed a termination agreement with Jetta Global to terminate the joint venture agreement on December 4, 2017. As ACH Center’s operating revenue was less than 1% of the Company’s consolidated revenue and the termination did not constitute a strategic shift that would have a major effect on the Company’s operations and financial results, the results of operations for ACH Center was not reported as discontinued operations under the guidance of Accounting Standards Codification 205. On January 9, 2017, the Company entered into a strategic cooperation agreement with China Ocean Shipping Agency Qingdao Co. Ltd. (“COSCO Qingdao”). COSCO Qingdao will utilize the Company’s full-service logistics platform to arrange the transportation of its container shipments into U.S. ports. Sino-Global will receive a percentage of the total amount of each transportation fee in exchange for the arrangement of inland transportation services for COSCO Qingdao’s container shipments into U.S. ports. On February 18, 2017, the Company entered into a cooperative transportation agreement with a related party, Zhiyuan International Investment & Holding Group (Hong Kong) Co., Ltd. (the “Buyer” or “Zhiyuan Hong Kong”). Zhiyuan Hong Kong, jointly with China Minmetals Corporation and China Metallurgical Group Corporation, acts as the general designer, general equipment provider and general service contractor in the upgrade and renovation project of Perwaja Steel, located in Malaysia (the “Project”). The Company agreed to provide high-quality services, including the design of a detailed transportation plan as well as execution and necessary supervision of the plan at Zhiyuan Hong Kong’s demand, in consideration for which the Company will receive a 1% to 1.25% transportation fee incurred in the Project as a commission for its services rendered (see Note 3 and Note 16). On July 7, 2017, the Company signed a supplemental agreement with the Buyer, pursuant to which the Company will cooperate with Zhiyuan Hong Kong exclusively on the entire Project’s transportation needs. Pursuant to the supplemental agreement, the Company agrees to make prepayments to Zhiyuan Hong Kong for its share of packaging and transporting costs related to the Project; in return, the Company will receive 15% of the cost incurred in the Project from Zhiyuan Hong Kong as a service fee. The Project is expected to be completed in one to two years and the Company will collect its service fee in accordance with Project completion. On September 11, 2017, the Company set up a new wholly-owned subsidiary, Ningbo Saimeinuo Supply Chain Management Ltd. (“Sino Ningbo”), via the wholly-owned entity, Sino-Global Shipping New York Inc. This subsidiary primarily engages in supply chain management and freight logistics services. Sino Ningbo plans to start business activities in the fourth quarter of fiscal year 2018.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Mar. 31, 2018
Summary of Significant Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Note 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (a) Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) for information pursuant to the rules and regulations of the Securities Exchange Commission (“SEC”). In the opinion of management, all adjustments, consisting only of normal recurring adjustments, considered necessary to give a fair presentation have been included. Interim results are not necessarily indicative of results of a full year. The information in this Form 10-Q should be read in conjunction with information included in the annual report for the fiscal year ended June 30, 2017 on Form 10-K filed with the SEC on September 27, 2017. (b) Basis of Consolidation The unaudited condensed consolidated financial statements include the accounts of the Company, its subsidiaries, and its affiliates. All significant intercompany transactions and balances are eliminated in consolidation. A subsidiary is an entity in which the Company, directly or indirectly, controls more than one half of the voting power or has the power to: govern the financial and operating policies; appoint or remove the majority of the members of the board of directors; cast a majority of votes at the meeting of the board of directors. U.S. GAAP provides guidance on the identification of variable interest entity (“VIE”) and financial reporting for entities over which control is achieved through means other than voting interests. The Company evaluates each of its interests in an entity to determine whether or not the investee is a VIE and, if so, whether the Company is the primary beneficiary of such VIE. In determining whether the Company is the primary beneficiary, the Company considers if the Company (1) has power to direct the activities that most significantly affects the economic performance of the VIE, and (2) receives the economic benefits of the VIE that could be significant to the VIE. If deemed the primary beneficiary, the Company consolidates the VIE. Sino-Global Shipping Agency Ltd., a PRC corporation (“Sino-China”), is considered a VIE, with the Company as the primary beneficiary. The Company, through Trans Pacific Beijing, entered into certain agreements with Sino-China, pursuant to which the Company receives 90% of Sino-China’s net income. The Company does not receive any payments from Sino-China unless Sino-China recognizes net income during its fiscal year. These agreements do not entitle the Company to any consideration if Sino-China incurs a net loss during its fiscal year. If Sino-China incurs a net loss during its fiscal year, the Company is not required to absorb such net loss. As a VIE, Sino-China’s revenues are included in the Company’s total revenues, and any loss from operations is consolidated with that of the Company. Because of contractual arrangements between the Company and Sino-China, the Company has a pecuniary interest in Sino-China that requires consolidation of the financial statements of the Company and Sino-China. The Company has consolidated Sino-China’s operating results because the entities are under common control in accordance with ASC 805-10, “Business Combinations”. The agency relationship between the Company and Sino-China and its branches is governed by a series of contractual arrangements pursuant to which the Company has substantial control over Sino-China. Management makes ongoing reassessments of whether the Company remains the primary beneficiary of Sino-China. As mentioned elsewhere in this report, due to the worsening market conditions in the shipping industry, Sino-China’s shipping agency business suffered a significant decrease in revenue due to a reduced number of ships served. As a result, the Company has temporarily suspended this business. Sino-China is also providing services in other related business segments of the Company. The carrying amount and classification of Sino-China’s assets and liabilities included in the Company’s unaudited condensed consolidated balance sheets were as follows: March 31, June 30, 2018 2017 Total current assets $ 10,509,999 $ 9,327,990 Total assets 10,650,688 9,472,651 Total current liabilities 12,785 4,517 Total liabilities 12,785 4,517 (c) Fair Value of Financial Instruments We follow the provisions of ASC 820, Fair Value Measurements and Disclosures, which clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows: Level 1 — Observable inputs such as unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date. Level 2 — Inputs other than quoted prices that are observable for the asset or liability in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable market data. Level 3 — Unobservable inputs that reflect management’s assumptions based on the best available information. The carrying value of accounts receivable, other receivables, other current assets and current liabilities approximate their fair values because of the short-term nature of these instruments. (d) Use of Estimates and Assumptions The preparation of the Company’s unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Estimates are adjusted to reflect actual experience when necessary. Significant accounting estimates reflected in the Company’s unaudited condensed consolidated financial statements include revenue recognition, fair value of stock based compensation, cost of revenues, allowance for doubtful accounts, deferred income taxes, and the useful lives of property and equipment. Since the use of estimates is an integral component of the financial reporting process, actual results could differ from those estimates. (e) Translation of Foreign Currency The accounts of the Company and its subsidiaries, including Sino-China and each of its branches are measured using the currency of the primary economic environment in which the entity operates (the “functional currency”). The Company’s functional currency is the U.S. dollar (“USD”) while its subsidiaries in the PRC, including Sino-China, report their financial positions and results of operations in Renminbi (“RMB”). The accompanying unaudited condensed consolidated financial statements are presented in USD. Foreign currency transactions are translated into USD using the fixed exchange rates in effect at the time of the transaction. Generally, foreign exchange gains and losses resulting from the settlement of such transactions are recognized in the unaudited condensed consolidated statements of operations. The Company translates the foreign currency financial statements of Sino-China, Sino-Global Shipping Australia, Sino-Global Shipping Hong Kong, Sino-Global Shipping Canada, Trans Pacific Beijing, Trans Pacific Shanghai and Sino Ningbo in accordance with ASC 830-10, “Foreign Currency Matters”. Assets and liabilities are translated at current exchange rates quoted by the People’s Bank of China at the balance sheet dates and revenues and expenses are translated at average exchange rates in effect during the year. The resulting translation adjustments are recorded as other comprehensive income (loss) and accumulated other comprehensive loss as a separate component of equity of the Company, and also included in non-controlling interests. The exchange rates as of March 31, 2018 and June 30, 2017 and for the three and nine months ended March 31, 2018 and 2017 are as follows: March 31, June 30, Three months ended March 31, Nine months ended March 31, 2018 2017 2018 2017 2018 2017 Foreign currency Balance Sheet Balance Sheet Profits/Loss Profits/Loss Profits/Loss Profits/Loss RMB:1USD 6.2753 6.7806 6.3589 6.8885 6.5482 6.7960 AUD:1USD 1.3020 1.3028 1.2722 1.3196 1.2799 1.3249 HKD:1USD 7.8448 7.8059 7.8268 7.7604 7.8164 7.7582 CAD:1USD 1.2896 1.2982 1.2640 1.3233 1.2627 1.3210 (f) Cash and Cash Equivalents Cash and cash equivalents consist of cash on hand and other highly liquid investments which are unrestricted as to withdrawal or use, and which have an original maturity of three months or less when purchased. The Company maintains cash and cash equivalents with various financial institutions mainly in the PRC, Australia, Hong Kong, Canada and the U.S. As of March 31, 2018 and June 30, 2017, cash balances of $7,413,222 and $6,246,337, respectively, were maintained at financial institutions in the PRC, which were not insured by any of the Chinese authorities. As of March 31, 2018 and June 30, 2017, cash balance of $2,077,680 and $2,462,792, respectively, were maintained at U.S. financial institutions, and were insured by the Federal Deposit Insurance Corporation or other programs subject to certain limitations. (g) Receivables and Allowance for Doubtful Accounts Accounts receivable are presented at net realizable value. The Company maintains allowances for doubtful accounts and for estimated losses. The Company reviews the accounts receivable on a periodic basis and makes general and specific allowances when there is doubt as to the collectability of individual receivable balances. In evaluating the collectability of individual receivable balances, the Company considers many factors, including the age of the balances, customers’ historical payment history, their current credit-worthiness and current economic trends. Receivables are considered past due after 180 days. Accounts Receivable are written off against the allowances only after exhaustive collection efforts. Other receivables represent mainly prepaid employee insurance and welfare benefits, which will be subsequently deducted from the employee payroll, guarantee deposits on behalf of ship owners as well as office lease deposits. (h) Property and Equipment, net Net property and equipment are stated at historical cost less accumulated depreciation. Historical cost comprises the asset’s purchase price and any directly attributable costs of bringing the asset to its working condition and location for its intended use. Depreciation is calculated on a straight-line basis over the following estimated useful lives: Buildings 20 years Motor vehicles 5-10 years Furniture and office equipment 3-5 years Leasehold improvements Shorter of lease term or useful life The carrying value of a long-lived asset is considered impaired by the Company when the anticipated undiscounted cash flows from such asset are less than the asset’s carrying value. If impairment is identified, a loss is recognized based on the amount by which the carrying value exceeds the fair value of the long-lived asset. Fair value is determined primarily using the anticipated cash flows discounted at a rate commensurate with the risk involved or based on independent appraisals. Management has determined that there were no impairments as of the balance sheet dates. (i) Intangible Assets, net Intangible assets are recorded at cost less accumulated amortization. Amortization is calculated on a straight-line basis over the following estimated useful lives: Software 3-5 years The Company evaluates intangible assets for impairment whenever events or changes in circumstances indicate that the assets might be impaired. There was no such impairment as of March 31, 2018. (j) Revenue Recognition Revenue is recognized when all of the following have occurred: (i) persuasive evidence of an arrangement exists, (ii) delivery has occurred or services have been rendered, (iii) the price is fixed or determinable, and (iv) the ability to collect is reasonably assured ● Revenues from inland transportation management services are recognized when commodities are being released from the customers’ warehouse. ● Revenues from freight logistics services are recognized when the related contractual services are rendered. ● Revenues from container trucking services are recognized when the related contractual services are rendered. ● Revenues from bulk cargo container services are recognized when the related contractual services are rendered. Bulk cargo container services included shipping of products, arranging cargo container shipping from U.S. to China port. Revenue is recognized upon completion of shipping arrangements agreed with customers at customer’s designated port. (k) Taxation Because the Company and its subsidiaries and Sino-China are incorporated in different jurisdictions, they file separate income tax returns. The Company uses the asset and liability method of accounting for income taxes in accordance with U.S. GAAP. Deferred taxes, if any, are recognized for the future tax consequences of temporary differences between the tax basis of assets and liabilities and their reported amounts in the unaudited condensed consolidated financial statements. A valuation allowance is provided against deferred tax assets if it is more likely than not that the asset will not be utilized in the future. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The Company recognizes interest and penalties, if any, related to unrecognized tax benefits as income tax expense. Income tax returns for the years prior to 2014 are no longer subject to examination by U.S. tax authorities. On December 22, 2017, the “Tax Cuts and Jobs Act” (the “Act”) was enacted. Under the provisions of the Act, the U.S. corporate tax rate decreased from 35% to 21%. As the Company has a June 30 fiscal year-end, the lower corporate income tax rate will be phased in, resulting in a U.S. statutory federal rate of approximately 28% for our fiscal year ending June 30, 2018, and 21% for subsequent fiscal years. Additionally, the Tax Act imposes a one-time transition tax on deemed repatriation of historical earnings of foreign subsidiaries, and future foreign earnings are subject to U.S. taxation. The change in rate has caused us to re-measure all U.S. deferred income tax assets and liabilities for temporary differences and net operating loss (“NOL”) carryforwards and recorded one time income tax payable to be paid over 8 years. PRC Enterprise Income Tax PRC enterprise income tax is calculated based on taxable income determined under the PRC Generally Accepted Accounting Principles (“PRC GAAP”) at 25%. Sino-China and Trans Pacific are registered in PRC and governed by the Enterprise Income Tax Laws of the PRC. PRC Business Tax and Surcharges Revenues from services provided by the Company’s PRC subsidiaries and affiliates, including Sino-China and Trans Pacific are subject to the PRC business tax of 5%. Business tax and surcharges are paid on gross revenues generated minus the costs of services which are paid on behalf of the customers. Enterprises or individuals who sell commodities, engage in services or selling of goods in the PRC are subject to a value added tax (“VAT”) in accordance with PRC laws. All of the Company’s revenue generated in the PRC are subject to a VAT on the gross sales price. The VAT rates are 6% and 11%, depending on the type of services provided. The Company is entitled to a deduction or offset for VAT paid on the services rendered by the vendors against the VAT when the Company engage in services. In addition, under PRC regulations, the Company’s PRC subsidiaries and affiliates are required to pay city construction taxes (7%) and education surcharges (3%) based on calculated business tax payments. The Company’s PRC subsidiaries and affiliates report revenues net of PRC’s VAT, business tax and surcharges for all the periods presented in the consolidated statements of operations. (l) Earnings per Share Basic earnings per share is computed by dividing net income attributable to holders of common shares of the Company by the weighted average number of common shares of the Company outstanding during the applicable period. Diluted earnings per share reflect the potential dilution that could occur if securities or other contracts to issue common shares of the Company were exercised or converted into common shares of the Company. Common share equivalents are excluded from the computation of diluted earnings per share if their effects would be anti-dilutive. For the three and nine months ended March 31, 2018, the basic average shares outstanding and diluted average shares of the Company outstanding were not the same because the effect of potential shares of common stock of the Company was dilutive since the exercise prices for options were lower than the average market price for the related periods. For the three and nine months ended March 31, 2018, a total of 34,686 and 46,283 unexercised options were dilutive and were included, respectively, in the computation of diluted earnings per share. For the three and nine months ended March 31, 2017, a total of 34,782 and 20,621 unexercised options were dilutive, respectively, and were included in the computation of diluted EPS. (m) Comprehensive Income (loss) The Company reports comprehensive income (loss) in accordance with the Financial Accounting Standards Board (“FASB”) issued authoritative guidance which establishes standards for reporting comprehensive income (loss) and its component in financial statements. Comprehensive income (loss), as defined, includes all changes in equity during a period from non-owner sources. (n) Stock-based Compensation Stock-based payment transactions with employees are measured on the grant-date fair value of the equity instrument issued and recognized as compensation expense over the requisite service period. Valuations are based upon highly subjective assumptions about the future, including stock price volatility and exercise patterns. The fair value of share-based payment awards was estimated using the Black-Scholes option pricing model. Expected volatilities are based on the historical volatility of the Company’s stock. The Company uses historical data to estimate option exercise and employee terminations. The expected term of options granted represents the period of time that options granted are expected to be outstanding. The risk-free rate for periods within the expected life of the option is based on the U.S. Treasury yield curve in effect at the time of the grant. (o) Risks and Uncertainties The Company’s business, financial position and results of operations may be influenced by the political, economic, and legal environments in the PRC, as well as by the general state of the PRC economy. The Company’s operations in the PRC are subject to special considerations and significant risks not typically associated with companies in North America and Western Europe. These include risks associated with, among others, the political, economic and legal environment and foreign currency exchange. The Company’s results may be adversely affected by changes in the political, regulatory and social conditions in the PRC, and by changes in governmental policies or interpretations with respect to laws and regulations, anti-inflationary measures, currency conversion, remittances abroad, and rates and methods of taxation, among other things. Moreover, the Company’s ability to grow its business and maintain its profitability could be negatively affected by the nature and extent of services provided to its major customers, Tianjin Zhiyuan Investment Group Co., Ltd. (the “Zhiyuan Investment Group”) and Tengda Northwest Ferroalloy Co., Ltd. (“Tengda Northwest”). (p) Reclassification Certain prior periods amounts have been reclassified to conform to the current period presentation, including reclassification of $504,815 revenue and $504,815 cost of revenue from freight logistics service segment to bulk cargo container service segment. These reclassifications have no effect on the results of operations and cash flows. (q) Recent Accounting Pronouncements Revenue Recognition: Revenue from Contracts with Customers: Topic Leases Statement of Cash Flows: Business Combination Business Combinations (Topic 805): Clarifying the Definition of a Business Stock-based Compensation Stock-based Compensation Revenue Recognition and Leases Income taxes Except for the ASU’s described above, no ASU’s are expected to have a material impact on the unaudited condensed consolidated financial statements upon adoption.

Accounts Receivable, Net

Accounts Receivable, Net	9 Months Ended
	Mar. 31, 2018
Accounts Receivable, Net [Abstract]
ACCOUNTS RECEIVABLE, NET	Note 3. ACCOUNTS RECEIVABLE, NET The Company’s net accounts receivable is as follows: March 31, June 30, 2018 2017 Trade accounts receivable $ 6,108,078 $ 2,754,962 Less: allowances for doubtful accounts (1,350,531 ) (185,821 ) Accounts receivables, net $ 4,757,547 $ 2,569,141 Movement of allowance for doubtful accounts is as follows: Nine months ended March 31, Year ended June 30, Beginning balance $ 185,821 $ 207,028 Provision for doubtful accounts 1,182,832 - Less: write-off/recovery (24,638 ) (18,912 ) Exchange rate effect 6,516 (2,295 ) Ending balance $ 1,350,531 $ 185,821 For the three and nine months ended March 31, 2018, the provision for doubtful accounts increased by $586,547 and $1,182,832, respectively. No provision was made in same period 2017.

Advances to Suppliers

Advances to Suppliers	9 Months Ended
	Mar. 31, 2018
Advances to Suppliers [Abstract]
ADVANCES TO SUPPLIERS	Note 4. ADVANCES TO SUPPLIERS The Company’s advances to third - party suppliers are as follows: March 31, June 30, 2018 2017 Intelligent logistics system deposit $ 437,356 $ - Freight fees - 29,960 Others 4,781 24,930 Total advances to suppliers - third parties $ 442,137 $ 54,890 On December 27, 2017, with the approval of the Board of the Company, the Company signed a contract with Tianjin Anboweiye Technology Ltd Co.(“Tianjin Anboweiye”), to develop a more complete and intelligent system based on the Company’s current container trucking platform. The purpose is to help the Company make better connections with the system used by state-owned companies in China, and to satisfy such state-owned companies’ demand for container trucks in the United States. The Company made $437,356 as prepayment to Tianjin Anboweiye in March, 2018. As of March 31, 2018, advances to third-party suppliers were primarily related to freight logistics services. The Company’s advances to related-party suppliers are as follows: March 31, June 30, 2018 2017 Freight fees $ 3,601,421 $ 3,333,038 Total advances to suppliers - related party $ 3,601,421 $ 3,333,038 As discussed in Note 1, on February 18, 2017, the Company entered into a cooperative transportation agreement with Zhiyuan Hong Kong, which is owned by the Company’s largest shareholder. Pursuant to this agreement, the Company will be a supplier for part of the project’s logistics solutions and, in return, the Company will receive a 1% to 1.25% fee incurred as a commission for its services rendered. On July 7, 2017, the Company signed a supplemental agreement, pursuant to which the Company will cooperate with Zhiyuan Hong Kong exclusively on the Project’s transportation needs with respect to transporting construction materials from manufacturers to the port of Malaysia and to the factory site. Pursuant to the supplemental agreement, the Company agrees to make prepayments to Zhiyuan Hong Kong for its share of packaging and transporting costs related to the Project; in return the Company will receive 15% of the cost incurred in the Project from Zhiyuan Hong Kong as a service fee. The Company will complete its services pursuant to the supplemental agreement and will receive approval from Zhiyuan Hong Kong that the related services fees will be earned by June 2018. The Company also expects the entire advance will be collected by October 2018.

Prepaid Expenses and Other Asse

Prepaid Expenses and Other Assets	9 Months Ended
	Mar. 31, 2018
Prepaid Expenses and Other Assets [Abstract]
PREPAID EXPENSES AND OTHER ASSETS	Note 5. PREPAID EXPENSES AND OTHER ASSETS The Company’s prepaid expenses and other current assets are as follows: March 31, June 30, 2018 2017 Consultant fees (1) $ 39,537 $ 158,150 Advance to employees 74,199 64,160 Other (including prepaid insurance, rent , public relation services) 283,632 95,708 Total 397,368 318,018 Less: current portion 397,368 311,136 Total noncurrent portion $ - $ 6,882 (1) The Company entered into a management consulting services agreement with a consulting company on November 12, 2015, pursuant to which the consulting company shall assist the Company with its regulatory filings during the period from July 1, 2016 to June 30, 2018. In return for its services, as approved by the Board, a total of RMB 2,100,000 ($316,298) was paid to the consulting company. The above-mentioned consulting fees have been and will be ratably charged to expense over the terms of the above-mentioned agreement.

Property and Equipment, Net

Property and Equipment, Net	9 Months Ended
	Mar. 31, 2018
Property and Equipment, Net [Abstract]
PROPERTY AND EQUIPMENT, NET	Note 6. PROPERTY AND EQUIPMENT, NET The Company’s net property and equipment as follows: March 31, June 30, 2018 2017 Land and Buildings $ 214,497 $ 198,512 Motor vehicles 632,130 542,471 Computer equipment 161,440 155,141 Office equipment 88,392 66,097 Furniture and fixtures 169,234 163,219 System software 126,787 117,733 Leasehold improvements 386,629 62,857 Total 1,779,109 1,306,030 Less: Accumulated depreciation 1,242,827 1,118,657 Property and equipment, net $ 536,282 $ 187,373 Depreciation expense for the three months ended March 31, 2018 and 2017 were $15,827 and $11,025, respectively. Depreciation expense for the nine months ended March 31, 2018 and 2017 were $42,291 and $36,432, respectively.

Intangible Assets, Net

Intangible Assets, Net	9 Months Ended
	Mar. 31, 2018
Intangible Assets, Net [Abstract]
INTANGIBLE ASSETS, NET	Note 7. INTANGIBLE ASSETS, NET Net intangible assets consisted of the following at: March 31, June 30, 2018 2017 Full service logistics platforms $ 190,000 $ - Total intangible assets 190,000 - Less: Accumulated amortization 21,111 - Intangible asset, net $ 168,889 $ - As part of the above-mentioned intelligent logistics platform (see Note 3), four information applications were completed by Tianjin Anboweiye in November 2017 and placed into service, including route planning and route execution for customers in China. The platforms are amortized over five years. Amortization expense of intangible assets amounted to $15,833 and $nil for the three months ended March 31, 2018 and 2017, respectively, and $21,111 and $nil for the nine months ended March 31, 2018 and 2017, respectively.

Stock Options

Stock Options	9 Months Ended
	Mar. 31, 2018
Stock Options [Abstract]
STOCK OPTIONS	Note 8. STOCK OPTIONS The issuance of the Company’s options is exempted from registration under of the Securities Act of 1933, as amended (the “Act”). The Common Stock underlying the Company’s options granted may be sold in compliance with Rule 144 under the Act. Each option may be exercised to purchase one share of the common stock of the Company, no par value per share (the “Common Stock”). Payment for the options may be made in cash or by exchanging shares of Common Stock at their fair market value. The fair market value will be equal to the average of the highest and lowest registered sales prices of Company Stock on the date of exercise. The term of the options granted in 2009 is for 10 years and the exercise price of the 56,000 options is $7.75 which vested over 5 years and were fully vested as of March 31, 2018. The fair value of the stock options was estimated using the Black-Scholes option-pricing model. The term of the 10,000 options granted in 2013 is for 10 years and the exercise price of the options is $2.01. The fair value of the 10,000 stock options was calculated at the grant date using the Black-Scholes option-pricing model with the following assumptions: volatility of 452.04%, risk free interest rate of 0.88% and expected life of 10 years. The total fair value of the options was $19,400. These options are fully vested as of March 31, 2018. Pursuant to the Company’s 2014 Stock Incentive Plan, effective on July 26, 2016, the Company granted options to purchase a total of 150,000 shares of the Company’s Common Stock to two employees with a one-year vesting period, one half of which vested on October 26, 2016, and the other half vested on July 26, 2017. The exercise price of the options is $1.10, which was equal to the share price of the Company’s Common Stock on July 26, 2016. The grant date fair value of such options was $0.77 per share. The fair value of the options was calculated using the Black-Scholes options pricing model with the following assumptions: volatility of 99.68%, risk free interest rate of 1.15%, and expected life of 5 years. The total fair value of the options was $115,979. In accordance with the vesting periods, $nil and $28,995 were expensed related to these options for the three months ended March 31, 2018 and 2017, respectively. $9,665 and $77,320 were expensed related to these options for the nine months ended March 31, 2018 and 2017, respectively. In February 2017, 75,000 of these options were exercised by the two employees. Pursuant to the Company’s 2014 Stock Incentive Plan, the Company granted a total of 800,000 options on December 14, 2016, to purchase an aggregate of 800,000 shares of Common Stock to seven employees, with a vesting period from one to three years. The grant date fair value of such options was $2.24 per option. The fair value of the options was calculated using the Black-Scholes options pricing model with the following assumptions: volatility of 112.70%, risk free interest rate of 2.02%, with an expected life of 5 years. The total fair value of the options was $1,788,985. With the seven employees’ consent, the Company cancelled the 800,000 options, effective February 16, 2017 and nil was recorded for these options for the three and nine months ended March 31, 2018 and 2017, respectively. A summary of the options is presented in the table below: Shares Weighted Average Options outstanding, as of June 30, 2017 141,000 $ 3.81 Granted - - Exercised - - Cancelled - - 　 　 Options outstanding, as of March 31, 2018 141,000 $ 3.81 　 　 Options exercisable, as of March 31, 2018 139,000 $ 3.83 Following is a summary of the status of options outstanding and exercisable as of March 31, 2018 Outstanding Options Exercisable Options Exercise Price Number Average Average Number Average $ 7.75 56,000 0.13 years $ 7.75 56,000 0.13 years $ 2.01 10,000 4.84 years $ 2.01 8,000 4.84 years $ 1.10 75,000 3.32 years $ 1.10 75,000 3.32 years 141,000 139,000

Equity Transactions

Equity Transactions	9 Months Ended
	Mar. 31, 2018
Equity Transactions [Abstract]
EQUITY TRANSACTIONS	Note 9. EQUITY TRANSACTIONS On June 6, 2014, the Company entered into management consulting and advisory services agreements with two consultants, pursuant to which the consultants assisted the Company in, among other things, financial and tax due diligence, business evaluation and integration, and development of pro forma financial statements. In return for their services, as approved by the Company’s Board of Directors, a total of 600,000 shares of the Company’s common stock were to be issued to these two consultants. In June 2014, 200,000 shares of the Company’s common stock were issued to the consultants as a prepayment for their services. The value of their consulting services was determined using the fair value of the Company’s common stock of $2.34 per share when the shares were issued to the consultants. Their service agreements were for the period July 1, 2014 to December 31, 2016. The remaining 400,000 shares of the Company’s common stock were then issued to the consultants on September 30, 2014 at $1.68 per share, and the service terms are from September 2014 to November 2016. These shares were valued at $1,140,000 and the related consulting fees have been ratably charged to expense over the term of the agreements. Consulting expenses for the above services were $nil and $nil for the three months ended March 31, 2018 and 2017, respectively. Consulting expenses for the above services were $nil and $218,045 for the nine months ended March 31, 2018 and 2017, respectively. On May 5, 2015, the Company entered into management consulting and advisory services agreements with three consultants, pursuant to which the consultants assisted the Company in, among other things, review of time charter agreements; crew management advisory; development of permanent and preventive maintenance standards related to dry dockings and ship repairs; development of regular technical and marine vessel inspections and quality control procedures; and development and implementation of alternative remedial actions to address technical problems that may arise. In return for their services, as approved by the Company’s Board of Directors, a total of 500,000 shares of the Company’s common stock were to be issued to these three consultants at $1.50 per share. Their service agreements are for a period of 18 months, effective May 2015. These shares were valued at $750,000 and the related consulting fees have been ratably charged to expense over the term of the agreements. Consulting expenses for the above services were $nil and $ nil for the three months ended March 31, 2018 and 2017, respectively. Consulting expenses for the above services were $nil and $173,137 for the nine months ended March 31, 2018 and 2017, respectively On December 9, 2015, the Company entered into a consulting and advisory services agreement with a consultant, pursuant to which the consultant will assist the Company with corporate restructuring, business evaluation and capitalization during the period from November 20, 2015 to November 19, 2016. In return for such services, the Company issued 250,000 shares of the Company’s common stock to this consultant for services to be rendered during the first half of the service period. Such shares were issued as restricted shares at $1.02 per share on December 9, 2015. On May 23, 2016, the Company issued an additional 250,000 shares of common stock to this consultant at $0.72 per share to cover the services from the seventh month to November 19, 2016. These shares were valued at $435,000. Consulting expenses were $nil and $ nil for the three months ended March 31, 2018 and 2017, respectively. Consulting expenses were $nil and $138,387 for the nine months ended March 31, 2018 and 2017, respectively. In March 2017, the Company entered into a consulting and advisory services agreement with Jianwei Li, who will provide management consulting services that include marketing program designing and implementation and cooperative partner selection and management. The service period is from March 2017 to February 2020. The Company issued 250,000 shares of common stock as the remuneration for the services, which were issued as restricted shares at $2.53 per share on March 22, 2017 to the consultant. These shares were valued at $632,500. Consulting expenses were $52,708 and $17,569 for the three months ended March 31, 2018 and 2017 respectively. Consulting expenses were $158,125 and $17,569 for the nine months ended March 31, 2018 and 2017, respectively. On October 23, 2017, the Company issued 130,000 shares to its employees of its restricted common stock valued at $2.80 per share. Quarter of the total number of common shares shall become vested on each of November 16, 2017, February 16, 2018, May 16, 2018 and August 16, 2018. These shares were valued at $364,000. $91,000 and $nil are recorded in the Company’s general and administrative expenses for the three months ended March 31, 2018 and 2017, respectively. $182,000 and $nil are recorded in the Company’s general and administrative expenses for the nine months ended March 31, 2018 and 2017, respectively. On October 27, 2017, the Company issued 200,000 shares of restricted common stock on the grant date with a fair value of $548,000 to a consulting company pursuant to a consulting agreement. The scope of services primarily covers advising on business development, strategic planning and compliance during the one-year service period from October 17, 2017 to October 16, 2018. Consulting expenses were $137,000 and $nil for the three months ended March 31, 2018 and 2017, respectively. Consulting expenses were $274,000 and $nil for the nine months ended March 31, 2018 and 2017, respectively. Total consulting expenses were $280,709 and $17,569 for the three months ended March 31, 2018 and 2017, respectively. Total consulting expenses were $432,125 and $547,138 for the nine months ended March 31, 2018 and 2017, respectively. On March 12, 2018, the Company entered into a Securities Purchase Agreement with investors pursuant to which the Company sold to the investors in a registered direct offering, an aggregate of 2,000,000 shares of the common stock of the Company, no par value per share, at a purchase price of $1.50 per Share, for aggregate gross proceeds of $3 million. The placement agent received a cash commission fee equal to 7.5% of the gross proceeds. The offering was closed on March 14, 2018. The offering of the shares of the 2 million common stock is being made pursuant to the Company’s effective shelf registration statement on Form S-3 (File No. 333-222098), which was originally filed with the SEC on December 15, 2017, and was declared effective by the SEC on February 16, 2018. The Company agreed in the purchase agreement that it would not issue any common stock for 60 calendar days following the closing of the offering and each of the Company’s executive officers and directors have agreed to a lock-up period of 60 days from the date of the purchase agreement. The Company also agreed to sell to the investors Series “A” warrants to purchase up to an aggregate of 2,000,000 shares of common stock at an exercise price of $1.75 per share and Series “B” warrants to purchase up to an aggregate of 2,000,000 shares of common stock at an exercise price of $1.75 per share. The sale of the Series “A” warrants and Series “B” warrants are a private placement in reliance upon an exemption afforded under Regulation D of the Securities Act. The Series “A” warrants shall be initially exercisable beginning on September 14, 2018, and expire five and a half (5.5) years from the date of issuance. The Series B warrants shall be initially exercisable beginning on September 14, 2018, and expire thirteen (13) months from the date of issuance. The exercise price and the number of shares of Common Stock issuable upon exercise of the Warrants are subject to adjustment in the event of stock splits or dividends, or other similar transactions, but not as a result of future securities offerings at lower prices. Net proceeds to the Company from the sale of the shares and the warrants after deducting offering expenses and placement agent fees is $2,585,091. On April 26, 2018, the Company filed a registration statement on Form S-1 to register the resale of an aggregate of 4,000,000 shares of common stock underlying the Series A and B Warrants mentioned above. The S-1 was declared effective by the SEC on May 8, 2018. The warrants are classified as equity since they qualify for exception from derivative accounting as they are considered to be indexed to the Company’s own stock and require net share settlement. The fair value of the warrants of $1,074,140 is valued based on Black-Scholes-Merton model and is recorded as additional paid-in capital from common stock based on relative fair value of proceeds received using the following assumptions: Series A Series B Annual dividend yield - - Expected life (years) 5.5 1.08 Risk-free interest rate 2.72 % 2.16 % Expected volatility 110.31 % 73.88 % Following is a summary of the status of warrants outstanding and exercisable as of March 31, 2018: Shares Weighted Average Warrants outstanding, as of June 30, 2017 139,032 $ 9.30 Issued 4,000,000 1.75 Exercised - - Expired - - 　 　 Warrants outstanding, as of March 31, 2018 4,139,032 $ 2.00 　 　 Warrants exercisable, as of March 31, 2018 139,032 $ 9.30 Warrants Outstanding Warrants Weighted Average 2008 Warrants 139,032 $ 9.30 0.13 years 2018 Series A 2,000,000 - $ 1.75 5.50 years 2018 Series B 2,000,000 - $ 1.75 1.08 years

Non-Controlling Interest

Non-Controlling Interest	9 Months Ended
	Mar. 31, 2018
Non-Controlling Interest [Abstract]
NON-CONTROLLING INTEREST	Note 10. NON-CONTROLLING INTEREST The Company’s non-controlling interest consists of the following: March 31, June 30, 2018 2017 Sino-China: Original paid-in capital $ 356,400 $ 356,400 Additional paid-in capital 1,044 1,044 Accumulated other comprehensive income (41,198 ) 217,379 Accumulated deficit (5,148,533 ) (5,421,578 ) (4,832,287 ) (4,846,755 ) Trans Pacific Logistics Shanghai Ltd. 123,728 46,047 ACH Trucking Center Corp. - 31,929 Total $ (4,708,559 ) $ (4,768,779 )

Commitments and Contingency

Commitments and Contingency	9 Months Ended
	Mar. 31, 2018
Commitments and Contingency [Abstract]
COMMITMENTS AND CONTINGENCY	Note 11. COMMITMENTS AND CONTINGENCY Lease Obligations The Company leases certain office premises and apartments for employees under operating lease agreements with various terms through April 16, 2020. Future minimum lease payments under the operating lease agreements are as follows: Amount Twelve months ending March 31, 2019 $ 165,170 2020 81,666 $ 246,836 Rental expenses for the three months ended March 31, 2018 and 2017 were $59,183 and $66,642, respectively. Rental expenses for the nine months ended March 31, 2018 and 2017 were $178,490 and $194,532, respectively. Contingencies The Labor Contract Law of the PRC requires employers to insure the liability of the severance payments for terminated employees that have worked for the employers for at least two years prior to January 1, 2008. Employers are liable for one month of severance pay per year of service provided by employees. As of March 31, 2018 and June 30, 2017, the Company has estimated its severance payments to be approximately $58,373 and $48,713, respectively. Such payments have not been reflected in its unaudited condensed consolidated financial statements because management cannot predict what the actual payment, if any, will be in the future. From time to time, the Company is involved in routine litigation that arises in the ordinary course of business. The Company was named a defendant in a breach of service contract lawsuit filed with the California Superior Court on January 19, 2018. Management believes it is too early to predict the outcome of the pending lawsuit but believes it will not likely have a material effect on the Company’s consolidated operations or financial position.

Income Taxes

Income Taxes	9 Months Ended
	Mar. 31, 2018
Income Taxes [Abstract]
INCOME TAXES	Note 12. INCOME TAXES On December 22, 2017, the “Tax Cuts and Jobs Act” (the “Act”) was enacted. Under the provisions of the Act, the U.S. corporate tax rate decreased from 35% to 21%. Since the Company has a June 30 fiscal year-end, a blended U.S. statutory federal rate of approximately 28% for the fiscal year ending June 30, 2018 is applied to the provision for income tax, and a 21% for subsequent fiscal years. The Company re-measured certain deferred tax assets based on blended rate of 28% at which these deferred tax amounts are expected to reverse in the future and the re-measurement resulted in a tax expense of $120,400 being recognized during the three months ended March 31, 2018. In addition, the Company recorded a provisional amount for its one-time transition tax for all of its foreign subsidiaries, resulting in an increase in income tax expense of approximately $478,000 for the nine months ended March 31, 2018. The one-time transition tax was calculated using the Company’s total post-1986 overseas earnings and profits which amounted to approximately $5.7 million. The one-time transition tax is taxed at the rate of 15.5% for the Company’s cash and cash equivalents and 8% for the other assets and is to be paid over 8 years. The Company’s income tax benefit (expense) for the three and nine months ended March 31, 2018 and 2017 are as follows: For the three months ended March 31, For the nine months ended March 31, 2018 2017 2018 2017 Current USA $ - $ - $ (60,162 ) $ - Hong Kong 6,250 (36,966 ) (3,172 ) (71,067 ) China (69,345 ) (47,738 ) (320,270 ) (158,649 ) One-time transition tax on accumulated foreign earnings - - (478,499 ) - (63,095 ) (84,704 ) (862,103 ) (229,716 ) Deferred USA (153,000 ) 387,900 920,700 387,900 Total income tax benefit (expense) $ (216,095 ) $ 303,196 $ 58,597 $ 158,184 The Company recorded income tax expense of $216,095 and benefit of $303,196 in the three months ended March 31, 2018 and 2017. The Company recorded income tax benefit of $58,597 and $158,184 in the nine months ended March 31, 2018 and 2017, respectively. The Company’s deferred tax assets are comprised of the following: March 31, June 30, 2018 2017 Allowance for doubtful accounts $ 568,000 $ 106,000 Stock-based compensation 687,000 790,000 Net operating loss 1,068,000 1,464,000 Total deferred tax assets 2,323,000 2,360,000 Valuation allowance (652,900 ) (1,610,600 ) Deferred tax assets, net - long-term $ 1,670,100 $ 749,400 The Company’s operations in the U.S. for federal tax purposes have incurred a cumulative net operating loss (“NOL”) of approximately $5,250,000 as of March 31, 2018, which may reduce federal future taxable income. For the three and nine months ended March 31, 2018, approximately $317,000 and $954,000 of NOL was utilized, respectively. The Company periodically evaluates the likelihood of the realization of deferred tax assets, and reduces the carrying amount of the deferred tax assets by a valuation allowance to the extent it believes a portion will not be realized. The Company considers many factors when assessing the likelihood of future realization of the deferred tax assets, including its recent cumulative earnings experience, expectation of future income, the carry forward periods available for tax reporting purposes, and other relevant factors. Management has provided an allowance against the deferred tax assets balance as of March 31, 2018. The net increase in the valuation allowance for the three months ended March 31, 2018 amounted to $140,000 and the net decrease in the valuation allowance for the nine months ended March 31, 2018 amounted to $957,700, respectively on the basis of management’s reassessment of the amount of its deferred tax assets that are more likely than not to be realized. Management considers new evidence, both positive and negative, that could affect its future realization of deferred tax assets. Due to enactment of the Act, NOL could be carried forward indefinitely and the Company has pretax income resulting in utilization of NOL in the current period, management determined that there is sufficient positive evidence to conclude that it is more likely than not that all of its NOL are realizable. The Company’s taxes payable consists of the following: March 31, June 30, 2018 2017 VAT tax payable $ 558,452 $ 520,436 Corporate income tax payable 2,213,939 1,290,832 Others 69,762 74,948 Total 2,842,153 1,886,216 Less: current portion 2,401,934 1,886,216 Income tax payable - noncurrent portion $ 440,219 $ -

Concentrations

Concentrations	9 Months Ended
	Mar. 31, 2018
Concentrations [Abstract]
CONCENTRATIONS	Note 13. CONCENTRATIONS Major Customers For the three months ended March 31, 2018, three customers accounted for 70%, 18% and 10% of the Company’s revenues, respectively. As of March 31, 2018, one of these four customers accounted for 100% of the Company’s accounts due from related parties and the remaining two customers accounted for approximately 84% of the Company’s accounts receivable. For the three months ended March 31, 2017, three customers accounted for 28%, 28% and 27% of the Company’s revenues, respectively. At March 31, 2017, one of these three customers accounted for 27% of the Company’s accounts due from related parties and the remaining two customers accounted for approximately 75% of the Company’s accounts receivable. For the nine months ended March 31, 2018, three customers accounted for 59%, 17% and 10% of the Company’s revenues, respectively. As of March 31, 2018, one of these four customers accounted for 100% of the Company’s accounts due from related parties and the remaining two customers accounted for approximately 84% of the Company’s accounts receivable. For the nine months ended March 31, 2017, three customers accounted for 33%, 33% and 16% of the Company’s revenues, respectively. At March 31, 2017, one of these three customers accounted for 27% of the Company’s accounts due from related parties and the remaining two customers accounted for approximately 75% of the Company’s accounts receivable. Major Suppliers For the three months ended March 31, 2018, two suppliers accounted for 82% and 15% of the total costs of revenue, respectively. For the three months ended March 31, 2017, two suppliers accounted for 65% and 13% of the total costs of revenue. For the nine months ended March 31, 2018, two suppliers accounted for 48% and 6% of the total costs of revenue, respectively. For the nine months ended March 31, 2017, one supplier accounted for 51% of the total costs of revenue, respectively.

Segment Reporting

Segment Reporting	9 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
SEGMENT REPORTING	Note 14. SEGMENT REPORTING ASC 280, “Segment Reporting”, establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organizational structure as well as information about geographical areas, business segments and major customers in financial statements for detailing the Company’s business segments. The Company’s chief operating decision maker is the Chief Executive Officer, who reviews the financial information of the separate operating segments when making decisions about allocating resources and assessing the performance of the group. The Company has determined that it has six operating segments: (1) shipping agency and shipping management services; (2) shipping and chartering services; (3) inland transportation management services; (4) freight logistics services; (5) container trucking services; (6) bulk cargo container services. However, due to the downturn in the shipping industry, the Company has decided to suspend to its shipping agency and shipping management services and shipping and chartering services. As stated in Note 1, ACH Center’s operating revenue was less than 1% of the Company’s consolidated revenue and the results of operations for ACH Center was not reported as discontinued operations and was included in the container trucking services segment and freight logistics services segment below. For the three and nine months ended March 31, 2018, revenue from ACH Center for container trucking services amounted to $nil and $42,968 respectively, representing 0% and 6% of the segment’s revenue. For the three and nine months ended March 31, 2018, gross profit from ACH Center for container trucking services amounted to $nil and $4,297 respectively, representing 0% and 2% of the segment’ gross profit. For the three and nine months ended March 31, 2018, revenue from ACH Center for freight logistics services amounted to $nil and $46,937 respectively, representing 0% and 1% of the segment’s revenue. For the three and nine months ended March 31, 2017, gross profit from ACH Center for freight logistics services amounted to $nil and $13,989 respectively, representing 0% and 2% of the segment’ gross profit. The following tables present summary information by segment for the three and nine months ended March 31, 2018 and 2017, respectively: For the three months ended March 31, 2018 Inland Freight Logistics Services Container Trucking Services Bulk Cargo Container Services Total Revenues - Related party $ 501,000 $ - $ - $ - $ 501,000 - Third parties $ 934,872 $ 3,577,293 $ 187,005 $ - $ 4,699,170 Total revenues $ 1,435,872 $ 3,577,293 $ 187,005 $ - $ 5,200,170 Cost of revenues $ 91,276 $ 3,195,492 $ 118,667 $ - $ 3,405,435 Gross profit $ 1,344,596 $ 381,801 $ 68,338 $ - $ 1,794,735 Depreciation and amortization $ 26,268 $ 475 $ 4,917 $ - $ 31,660 Total capital expenditures $ - $ - $ 10,929 $ - $ 10,929 For the three months ended March 31, 2017 Inland Freights Logistic Services Container Trucking Services Bulk Cargo Container Services Total Revenues - Related party $ 762,777 $ - $ - $ - $ 762,777 - Third parties $ 771,063 $ 827,908 $ 385,863 $ - $ 1,984,834 Total revenues $ 1,533,840 $ 827,908 $ 385,863 $ - $ 2,747,611 Cost of revenues $ 79,983 $ 699,578 $ 352,652 $ - $ 1,132,213 Gross profit $ 1,453,857 $ 128,330 $ 33,211 $ - $ 1,615,398 Depreciation and amortization $ 5,655 $ 5,370 $ - $ - $ 11,025 Total capital expenditures $ 55,474 $ - $ - $ - $ 55,474 Prior to second quarter of fiscal 2018, bulk cargo container services were included in our freight logistics services segment and were operated by our New York subsidiary. As the Company develops this business line and to enable our CODM to better assess the financial performance of the Company, we separated bulk cargo container services as a separate segment starting from last quarter. The Company reclassified $504,815 of revenue from freight logistics services to bulk cargo container services for the nine months ended March 31, 2018 for better comparison. For the nine months ended March 31, 2018 Inland Freight Logistics Services Container Trucking Bulk Cargo Container Services Total Revenues - Related party $ 1,621,406 $ - $ - $ - $ 1,621,406 - Third parties $ 2,626,773 $ 10,177,505 $ 736,751 $ 638,227 $ 14,179,256 Total revenues $ 4,248,179 $ 10,177,505 $ 736,751 $ 638,227 $ 14,179,256 Cost of revenues $ 447,451 $ 9,023,600 $ 481,731 $ 494,449 $ 10,447,231 Gross profit $ 3,800,728 $ 1,153,905 $ 255,020 $ 143,778 $ 5,353,431 Depreciation and amortization $ 46,665 $ 1,426 $ 15,311 $ - $ 63,402 Total capital expenditures $ - $ 326,508 $ 53,409 $ - $ 379,917 For the nine months ended March 31, 2017 Inland Freight Logistics Services Container Trucking Services Bulk Cargo Container Services Total Revenues - Related party $ 2,229,180 $ - $ - $ - $ 2,229,180 - Third parties $ 2,241,998 $ 1,803,641 $ 545,742 $ - $ 4,591,381 Total revenues $ 4,471,178 $ 1,803,641 $ 545,742 $ - $ 6,820,561 Cost of revenues $ 271,784 $ 1,068,951 $ 448,613 $ - $ 1,789,348 Gross profit $ 4,199,394 $ 734,690 $ 97,129 $ - $ 5,031,213 Depreciation and amortization $ 20,322 $ 16,110 $ - $ - $ 36,432 Total capital expenditures $ 55,474 $ - $ - $ - $ 55,474 Total assets: March 31, June 30, 2018 2017 Inland Transportation Management Services $ 21,460,889 $ 15,552,593 Freight Logistic Services 162,504 1,704,946 Container Trucking Services 1,538,860 558,482 Bulk Cargo Container Services 515,845 - Total Assets $ 23,678,098 $ 17,816,021

Other Related Party Transaction

Other Related Party Transactions	9 Months Ended
	Mar. 31, 2018
Other Related Party Transactions [Abstract]
OTHER RELATED PARTY TRANSACTIONS	Note 15. OTHER RELATED PARTY TRANSACTIONS As of March 31, 2018 and June 30, 2017, the outstanding amounts due from related party consist of the following: March 31, June 30, 2018 2017 Tianjin Zhiyuan Investment Group Co., Ltd. $ 2,499,493 $ 1,715,130 Less: allowance for doubtful accounts (249,949 ) - Total $ 2,249,544 $ 1,715,130 In June 2013, the Company signed a five-year global logistics service agreement with Tianjin Zhiyuan Investment Group Co., Ltd. (the “Zhiyuan Investment Group”) and TEWOO Chemical & Light Industry Zhiyuan Trade Co., Ltd. (together with Zhiyuan Investment Group, “Zhiyuan”). Zhiyuan Investment Group is owned by Mr. Zhang, the largest shareholder of the Company. In September 2013, the Company executed an inland transportation management service contract with the Zhiyuan Investment Group, whereby it would provide certain advisory services and help control potential commodities loss during the transportation process. As a result of the inland transportation management services provided to Zhiyuan, the Company generated revenue of $501,000 (10% of the Company’s total revenue) and $762,777 (28% of the Company’s total revenue) for the three months ended March 31, 2018 and 2017, respectively. The Company generated revenue of $1,631,000 (10% of the Company’s total revenue) and $2,229,180 (33% of the Company’s total revenue) for the nine months ended March 31, 2018 and 2017, respectively. During the nine months ended March 31, 2018, the Company continued to provide inland transportation management services to Zhiyuan and collected $846,536 from Zhiyuan. As of March 31, 2018, the Company provided a 10% allowance for doubtful accounts of the amount due from Zhiyuan. The Company expects that the above balance will be collected by March 2019. As of March 31, 2018 and June 30, 2017, the outstanding amounts of advance to suppliers-related party consist of the following: March 31, June 30, 2018 2017 Zhiyuan International Investment & Holding Group (Hong Kong) Co., Ltd. $ 3,601,421 $ 3,333,038 Total $ 3,601,421 $ 3,333,038 On February 18, 2017, Trans Pacific Beijing (subsidiary) and Sino China (VIE) (collectively, the “Seller”), a subsidiary and VIE of the Company, entered into a Cooperative Transportation Agreement (the “Agreement”) with Zhiyuan International Investment & Holding Group (Hong Kong) Co., Ltd. (the “Buyer” or “Zhiyuan Hong Kong”). Mr. Zhang is the largest shareholder of the Company and has also invested in the Buyer. Pursuant to the Agreement, the Buyer, jointly with China Minmetals Corporation and China Metallurgical Group Corporation, acts as the general designer, general equipment provider and general service contractor in the upgrade and renovation project of Perwaja Steel Indonesia, which is located in Malaysia (the “Project”). The Seller shall be appointed as general agent to handle related logistics and transportation occurring in the Project and in return the Company will receive a 1% to 1.25% fee incurred as a commission for its services rendered. On July 7, 2017, the Company signed a supplemental agreement, pursuant to which the Company will cooperate with Zhiyuan Hong Kong exclusively on the Project’s transportation needs with respect to transporting construction materials from manufacturers to the port of Malaysia and to the factory site. The Company will complete its services pursuant to the supplemental agreement and will receive approval from Zhiyuan Hong Kong that the related services fees will be earned by June 2018. The Company also expects the entire advance will be collected by October 2018.

Subsequent Events

Subsequent Events	9 Months Ended
	Mar. 31, 2018
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	Note 16. SUBSEQUENT EVENTS

Summary of Significant Accoun22

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Mar. 31, 2018
Summary of Significant Accounting Policies [Abstract]
Basis of Presentation	(a) Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) for information pursuant to the rules and regulations of the Securities Exchange Commission (“SEC”). In the opinion of management, all adjustments, consisting only of normal recurring adjustments, considered necessary to give a fair presentation have been included. Interim results are not necessarily indicative of results of a full year. The information in this Form 10-Q should be read in conjunction with information included in the annual report for the fiscal year ended June 30, 2017 on Form 10-K filed with the SEC on September 27, 2017.
Basis of Consolidation	(b) Basis of Consolidation The unaudited condensed consolidated financial statements include the accounts of the Company, its subsidiaries, and its affiliates. All significant intercompany transactions and balances are eliminated in consolidation. A subsidiary is an entity in which the Company, directly or indirectly, controls more than one half of the voting power or has the power to: govern the financial and operating policies; appoint or remove the majority of the members of the board of directors; cast a majority of votes at the meeting of the board of directors. U.S. GAAP provides guidance on the identification of variable interest entity (“VIE”) and financial reporting for entities over which control is achieved through means other than voting interests. The Company evaluates each of its interests in an entity to determine whether or not the investee is a VIE and, if so, whether the Company is the primary beneficiary of such VIE. In determining whether the Company is the primary beneficiary, the Company considers if the Company (1) has power to direct the activities that most significantly affects the economic performance of the VIE, and (2) receives the economic benefits of the VIE that could be significant to the VIE. If deemed the primary beneficiary, the Company consolidates the VIE. Sino-Global Shipping Agency Ltd., a PRC corporation (“Sino-China”), is considered a VIE, with the Company as the primary beneficiary. The Company, through Trans Pacific Beijing, entered into certain agreements with Sino-China, pursuant to which the Company receives 90% of Sino-China’s net income. The Company does not receive any payments from Sino-China unless Sino-China recognizes net income during its fiscal year. These agreements do not entitle the Company to any consideration if Sino-China incurs a net loss during its fiscal year. If Sino-China incurs a net loss during its fiscal year, the Company is not required to absorb such net loss. As a VIE, Sino-China’s revenues are included in the Company’s total revenues, and any loss from operations is consolidated with that of the Company. Because of contractual arrangements between the Company and Sino-China, the Company has a pecuniary interest in Sino-China that requires consolidation of the financial statements of the Company and Sino-China. The Company has consolidated Sino-China’s operating results because the entities are under common control in accordance with ASC 805-10, “Business Combinations”. The agency relationship between the Company and Sino-China and its branches is governed by a series of contractual arrangements pursuant to which the Company has substantial control over Sino-China. Management makes ongoing reassessments of whether the Company remains the primary beneficiary of Sino-China. As mentioned elsewhere in this report, due to the worsening market conditions in the shipping industry, Sino-China’s shipping agency business suffered a significant decrease in revenue due to a reduced number of ships served. As a result, the Company has temporarily suspended this business. Sino-China is also providing services in other related business segments of the Company. The carrying amount and classification of Sino-China’s assets and liabilities included in the Company’s unaudited condensed consolidated balance sheets were as follows: March 31, June 30, 2018 2017 Total current assets $ 10,509,999 $ 9,327,990 Total assets 10,650,688 9,472,651 Total current liabilities 12,785 4,517 Total liabilities 12,785 4,517
Fair Value of Financial Instruments	(c) Fair Value of Financial Instruments We follow the provisions of ASC 820, Fair Value Measurements and Disclosures, which clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows: Level 1 — Observable inputs such as unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date. Level 2 — Inputs other than quoted prices that are observable for the asset or liability in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable market data. Level 3 — Unobservable inputs that reflect management’s assumptions based on the best available information. The carrying value of accounts receivable, other receivables, other current assets and current liabilities approximate their fair values because of the short-term nature of these instruments.
Use of Estimates and Assumptions	(d) Use of Estimates and Assumptions The preparation of the Company’s unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Estimates are adjusted to reflect actual experience when necessary. Significant accounting estimates reflected in the Company’s unaudited condensed consolidated financial statements include revenue recognition, fair value of stock based compensation, cost of revenues, allowance for doubtful accounts, deferred income taxes, and the useful lives of property and equipment. Since the use of estimates is an integral component of the financial reporting process, actual results could differ from those estimates.
Translation of Foreign Currency	(e) Translation of Foreign Currency The accounts of the Company and its subsidiaries, including Sino-China and each of its branches are measured using the currency of the primary economic environment in which the entity operates (the “functional currency”). The Company’s functional currency is the U.S. dollar (“USD”) while its subsidiaries in the PRC, including Sino-China, report their financial positions and results of operations in Renminbi (“RMB”). The accompanying unaudited condensed consolidated financial statements are presented in USD. Foreign currency transactions are translated into USD using the fixed exchange rates in effect at the time of the transaction. Generally, foreign exchange gains and losses resulting from the settlement of such transactions are recognized in the unaudited condensed consolidated statements of operations. The Company translates the foreign currency financial statements of Sino-China, Sino-Global Shipping Australia, Sino-Global Shipping Hong Kong, Sino-Global Shipping Canada, Trans Pacific Beijing, Trans Pacific Shanghai and Sino Ningbo in accordance with ASC 830-10, “Foreign Currency Matters”. Assets and liabilities are translated at current exchange rates quoted by the People’s Bank of China at the balance sheet dates and revenues and expenses are translated at average exchange rates in effect during the year. The resulting translation adjustments are recorded as other comprehensive income (loss) and accumulated other comprehensive loss as a separate component of equity of the Company, and also included in non-controlling interests. The exchange rates as of March 31, 2018 and June 30, 2017 and for the three and nine months ended March 31, 2018 and 2017 are as follows: March 31, June 30, Three months ended March 31, Nine months ended March 31, 2018 2017 2018 2017 2018 2017 Foreign currency Balance Sheet Balance Sheet Profits/Loss Profits/Loss Profits/Loss Profits/Loss RMB:1USD 6.2753 6.7806 6.3589 6.8885 6.5482 6.7960 AUD:1USD 1.3020 1.3028 1.2722 1.3196 1.2799 1.3249 HKD:1USD 7.8448 7.8059 7.8268 7.7604 7.8164 7.7582 CAD:1USD 1.2896 1.2982 1.2640 1.3233 1.2627 1.3210
Cash and Cash Equivalents	(f) Cash and Cash Equivalents Cash and cash equivalents consist of cash on hand and other highly liquid investments which are unrestricted as to withdrawal or use, and which have an original maturity of three months or less when purchased. The Company maintains cash and cash equivalents with various financial institutions mainly in the PRC, Australia, Hong Kong, Canada and the U.S. As of March 31, 2018 and June 30, 2017, cash balances of $7,413,222 and $6,246,337, respectively, were maintained at financial institutions in the PRC, which were not insured by any of the Chinese authorities. As of March 31, 2018 and June 30, 2017, cash balance of $2,077,680 and $2,462,792, respectively, were maintained at U.S. financial institutions, and were insured by the Federal Deposit Insurance Corporation or other programs subject to certain limitations.
Receivables and Allowance for Doubtful Accounts	(g) Receivables and Allowance for Doubtful Accounts Accounts receivable are presented at net realizable value. The Company maintains allowances for doubtful accounts and for estimated losses. The Company reviews the accounts receivable on a periodic basis and makes general and specific allowances when there is doubt as to the collectability of individual receivable balances. In evaluating the collectability of individual receivable balances, the Company considers many factors, including the age of the balances, customers’ historical payment history, their current credit-worthiness and current economic trends. Receivables are considered past due after 180 days. Accounts Receivable are written off against the allowances only after exhaustive collection efforts. Other receivables represent mainly prepaid employee insurance and welfare benefits, which will be subsequently deducted from the employee payroll, guarantee deposits on behalf of ship owners as well as office lease deposits.
Property and Equipment, net	(h) Property and Equipment, net Net property and equipment are stated at historical cost less accumulated depreciation. Historical cost comprises the asset’s purchase price and any directly attributable costs of bringing the asset to its working condition and location for its intended use. Depreciation is calculated on a straight-line basis over the following estimated useful lives: Buildings 20 years Motor vehicles 5-10 years Furniture and office equipment 3-5 years Leasehold improvements Shorter of lease term or useful life The carrying value of a long-lived asset is considered impaired by the Company when the anticipated undiscounted cash flows from such asset are less than the asset’s carrying value. If impairment is identified, a loss is recognized based on the amount by which the carrying value exceeds the fair value of the long-lived asset. Fair value is determined primarily using the anticipated cash flows discounted at a rate commensurate with the risk involved or based on independent appraisals. Management has determined that there were no impairments as of the balance sheet dates.
Intangible Assets, net	(i) Intangible Assets, net Intangible assets are recorded at cost less accumulated amortization. Amortization is calculated on a straight-line basis over the following estimated useful lives: Software 3-5 years The Company evaluates intangible assets for impairment whenever events or changes in circumstances indicate that the assets might be impaired. There was no such impairment as of March 31, 2018.
Revenue Recognition	(j) Revenue Recognition Revenue is recognized when all of the following have occurred: (i) persuasive evidence of an arrangement exists, (ii) delivery has occurred or services have been rendered, (iii) the price is fixed or determinable, and (iv) the ability to collect is reasonably assured ● Revenues from inland transportation management services are recognized when commodities are being released from the customers’ warehouse. ● Revenues from freight logistics services are recognized when the related contractual services are rendered. ● Revenues from container trucking services are recognized when the related contractual services are rendered. ● Revenues from bulk cargo container services are recognized when the related contractual services are rendered. Bulk cargo container services included shipping of products, arranging cargo container shipping from U.S. to China port. Revenue is recognized upon completion of shipping arrangements agreed with customers at customer’s designated port.
Taxation	(k) Taxation Because the Company and its subsidiaries and Sino-China are incorporated in different jurisdictions, they file separate income tax returns. The Company uses the asset and liability method of accounting for income taxes in accordance with U.S. GAAP. Deferred taxes, if any, are recognized for the future tax consequences of temporary differences between the tax basis of assets and liabilities and their reported amounts in the unaudited condensed consolidated financial statements. A valuation allowance is provided against deferred tax assets if it is more likely than not that the asset will not be utilized in the future. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The Company recognizes interest and penalties, if any, related to unrecognized tax benefits as income tax expense. Income tax returns for the years prior to 2014 are no longer subject to examination by U.S. tax authorities. On December 22, 2017, the “Tax Cuts and Jobs Act” (the “Act”) was enacted. Under the provisions of the Act, the U.S. corporate tax rate decreased from 35% to 21%. As the Company has a June 30 fiscal year-end, the lower corporate income tax rate will be phased in, resulting in a U.S. statutory federal rate of approximately 28% for our fiscal year ending June 30, 2018, and 21% for subsequent fiscal years. Additionally, the Tax Act imposes a one-time transition tax on deemed repatriation of historical earnings of foreign subsidiaries, and future foreign earnings are subject to U.S. taxation. The change in rate has caused us to re-measure all U.S. deferred income tax assets and liabilities for temporary differences and net operating loss (“NOL”) carryforwards and recorded one time income tax payable to be paid over 8 years. PRC Enterprise Income Tax PRC enterprise income tax is calculated based on taxable income determined under the PRC Generally Accepted Accounting Principles (“PRC GAAP”) at 25%. Sino-China and Trans Pacific are registered in PRC and governed by the Enterprise Income Tax Laws of the PRC. PRC Business Tax and Surcharges Revenues from services provided by the Company’s PRC subsidiaries and affiliates, including Sino-China and Trans Pacific are subject to the PRC business tax of 5%. Business tax and surcharges are paid on gross revenues generated minus the costs of services which are paid on behalf of the customers. Enterprises or individuals who sell commodities, engage in services or selling of goods in the PRC are subject to a value added tax (“VAT”) in accordance with PRC laws. All of the Company’s revenue generated in the PRC are subject to a VAT on the gross sales price. The VAT rates are 6% and 11%, depending on the type of services provided. The Company is entitled to a deduction or offset for VAT paid on the services rendered by the vendors against the VAT when the Company engage in services. In addition, under PRC regulations, the Company’s PRC subsidiaries and affiliates are required to pay city construction taxes (7%) and education surcharges (3%) based on calculated business tax payments. The Company’s PRC subsidiaries and affiliates report revenues net of PRC’s VAT, business tax and surcharges for all the periods presented in the consolidated statements of operations.
Earnings per Share	(l) Earnings per Share Basic earnings per share is computed by dividing net income attributable to holders of common shares of the Company by the weighted average number of common shares of the Company outstanding during the applicable period. Diluted earnings per share reflect the potential dilution that could occur if securities or other contracts to issue common shares of the Company were exercised or converted into common shares of the Company. Common share equivalents are excluded from the computation of diluted earnings per share if their effects would be anti-dilutive. For the three and nine months ended March 31, 2018, the basic average shares outstanding and diluted average shares of the Company outstanding were not the same because the effect of potential shares of common stock of the Company was dilutive since the exercise prices for options were lower than the average market price for the related periods. For the three and nine months ended March 31, 2018, a total of 34,686 and 46,283 unexercised options were dilutive and were included, respectively, in the computation of diluted earnings per share. For the three and nine months ended March 31, 2017, a total of 34,782 and 20,621 unexercised options were dilutive, respectively, and were included in the computation of diluted EPS.
Comprehensive Income (loss)	(m) Comprehensive Income (loss) The Company reports comprehensive income (loss) in accordance with the Financial Accounting Standards Board (“FASB”) issued authoritative guidance which establishes standards for reporting comprehensive income (loss) and its component in financial statements. Comprehensive income (loss), as defined, includes all changes in equity during a period from non-owner sources.
Stock-based Compensation	(n) Stock-based Compensation Stock-based payment transactions with employees are measured on the grant-date fair value of the equity instrument issued and recognized as compensation expense over the requisite service period. Valuations are based upon highly subjective assumptions about the future, including stock price volatility and exercise patterns. The fair value of share-based payment awards was estimated using the Black-Scholes option pricing model. Expected volatilities are based on the historical volatility of the Company’s stock. The Company uses historical data to estimate option exercise and employee terminations. The expected term of options granted represents the period of time that options granted are expected to be outstanding. The risk-free rate for periods within the expected life of the option is based on the U.S. Treasury yield curve in effect at the time of the grant.
Risks and Uncertainties	(o) Risks and Uncertainties The Company’s business, financial position and results of operations may be influenced by the political, economic, and legal environments in the PRC, as well as by the general state of the PRC economy. The Company’s operations in the PRC are subject to special considerations and significant risks not typically associated with companies in North America and Western Europe. These include risks associated with, among others, the political, economic and legal environment and foreign currency exchange. The Company’s results may be adversely affected by changes in the political, regulatory and social conditions in the PRC, and by changes in governmental policies or interpretations with respect to laws and regulations, anti-inflationary measures, currency conversion, remittances abroad, and rates and methods of taxation, among other things. Moreover, the Company’s ability to grow its business and maintain its profitability could be negatively affected by the nature and extent of services provided to its major customers, Tianjin Zhiyuan Investment Group Co., Ltd. (the “Zhiyuan Investment Group”) and Tengda Northwest Ferroalloy Co., Ltd. (“Tengda Northwest”).
Reclassification	(p) Reclassification Certain prior periods amounts have been reclassified to conform to the current period presentation, including reclassification of $504,815 revenue and $504,815 cost of revenue from freight logistics service segment to bulk cargo container service segment. These reclassifications have no effect on the results of operations and cash flows.
Recent Accounting Pronouncements	(q) Recent Accounting Pronouncements Revenue Recognition: Revenue from Contracts with Customers: Topic Leases Statement of Cash Flows: Business Combination Business Combinations (Topic 805): Clarifying the Definition of a Business Stock-based Compensation Stock-based Compensation Revenue Recognition and Leases Income taxes Except for the ASU’s described above, no ASU’s are expected to have a material impact on the unaudited condensed consolidated financial statements upon adoption.

Summary of Significant Accoun23

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Mar. 31, 2018
Summary of Significant Accounting Policies [Abstract]
Schedule of Sino-China's assets and liabilities	March 31, June 30, 2018 2017 Total current assets $ 10,509,999 $ 9,327,990 Total assets 10,650,688 9,472,651 Total current liabilities 12,785 4,517 Total liabilities 12,785 4,517
Schedule of translation of foreign currency exchange rates	March 31, June 30, Three months ended March 31, Nine months ended March 31, 2018 2017 2018 2017 2018 2017 Foreign currency Balance Sheet Balance Sheet Profits/Loss Profits/Loss Profits/Loss Profits/Loss RMB:1USD 6.2753 6.7806 6.3589 6.8885 6.5482 6.7960 AUD:1USD 1.3020 1.3028 1.2722 1.3196 1.2799 1.3249 HKD:1USD 7.8448 7.8059 7.8268 7.7604 7.8164 7.7582 CAD:1USD 1.2896 1.2982 1.2640 1.3233 1.2627 1.3210
Schedule of estimated useful lives	Buildings 20 years Motor vehicles 5-10 years Furniture and office equipment 3-5 years Leasehold improvements Shorter of lease term or useful life
Schedule of intangible assets estimated useful lives	Software 3-5 years

Accounts Receivable, Net (Table

Accounts Receivable, Net (Tables)	9 Months Ended
	Mar. 31, 2018
Accounts Receivable, Net [Abstract]
Schedule of net accounts receivable	March 31, June 30, 2018 2017 Trade accounts receivable $ 6,108,078 $ 2,754,962 Less: allowances for doubtful accounts (1,350,531 ) (185,821 ) Accounts receivables, net $ 4,757,547 $ 2,569,141
Schedule of movement of allowance for doubtful accounts	Nine months ended March 31, Year ended June 30, Beginning balance $ 185,821 $ 207,028 Provision for doubtful accounts 1,182,832 - Less: write-off/recovery (24,638 ) (18,912 ) Exchange rate effect 6,516 (2,295 ) Ending balance $ 1,350,531 $ 185,821

Advances to Suppliers (Tables)

Advances to Suppliers (Tables)	9 Months Ended
	Mar. 31, 2018
Advances to Suppliers [Abstract]
Schedule of advances to third-party suppliers	March 31, June 30, 2018 2017 Intelligent logistics system deposit $ 437,356 $ - Freight fees - 29,960 Others 4,781 24,930 Total advances to suppliers - third parties $ 442,137 $ 54,890
Schedule of advances to suppliers - related party	March 31, June 30, 2018 2017 Freight fees $ 3,601,421 $ 3,333,038 Total advances to suppliers - related party $ 3,601,421 $ 3,333,038

Prepaid Expenses and Other As26

Prepaid Expenses and Other Assets (Tables)	9 Months Ended
	Mar. 31, 2018
Prepaid Expenses and Other Assets [Abstract]
Schedule of prepaid expenses and other assets	March 31, June 30, 2018 2017 Consultant fees (1) $ 39,537 $ 158,150 Advance to employees 74,199 64,160 Other (including prepaid insurance, rent , public relation services) 283,632 95,708 Total 397,368 318,018 Less: current portion 397,368 311,136 Total noncurrent portion $ - $ 6,882 (1) The Company entered into a management consulting services agreement with a consulting company on November 12, 2015, pursuant to which the consulting company shall assist the Company with its regulatory filings during the period from July 1, 2016 to June 30, 2018. In return for its services, as approved by the Board, a total of RMB 2,100,000 ($316,298) was paid to the consulting company. The above-mentioned consulting fees have been and will be ratably charged to expense over the terms of the above-mentioned agreement.

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	9 Months Ended
	Mar. 31, 2018
Property and Equipment, Net [Abstract]
Schedule of net property and equipment	March 31, June 30, 2018 2017 Land and Buildings $ 214,497 $ 198,512 Motor vehicles 632,130 542,471 Computer equipment 161,440 155,141 Office equipment 88,392 66,097 Furniture and fixtures 169,234 163,219 System software 126,787 117,733 Leasehold improvements 386,629 62,857 Total 1,779,109 1,306,030 Less: Accumulated depreciation 1,242,827 1,118,657 Property and equipment, net $ 536,282 $ 187,373

Intangible Assets, Net (Tables)

Intangible Assets, Net (Tables)	9 Months Ended
	Mar. 31, 2018
Intangible Assets, Net [Abstract]
Schedule of intangible assets net	March 31, June 30, 2018 2017 Full service logistics platforms $ 190,000 $ - Total intangible assets 190,000 - Less: Accumulated amortization 21,111 - Intangible asset, net $ 168,889 $ -

Stock Options (Tables)

Stock Options (Tables)	9 Months Ended
	Mar. 31, 2018
Stock Options [Abstract]
Summary of options	Shares Weighted Average Options outstanding, as of June 30, 2017 141,000 $ 3.81 Granted - - Exercised - - Cancelled - - 　 　 Options outstanding, as of March 31, 2018 141,000 $ 3.81 　 　 Options exercisable, as of March 31, 2018 139,000 $ 3.83
Summary of option outstanding and exercisable	Outstanding Options Exercisable Options Exercise Price Number Average Average Number Average $ 7.75 56,000 0.13 years $ 7.75 56,000 0.13 years $ 2.01 10,000 4.84 years $ 2.01 8,000 4.84 years $ 1.10 75,000 3.32 years $ 1.10 75,000 3.32 years 141,000 139,000

Equity Transactions (Tables)

Equity Transactions (Tables)	9 Months Ended
	Mar. 31, 2018
Equity Transactions [Abstract]
Schedule of stock options valuation assumptions using a Black-Scholes pricing model	Series A Series B Annual dividend yield - - Expected life (years) 5.5 1.08 Risk-free interest rate 2.72 % 2.16 % Expected volatility 110.31 % 73.88 %
Summary status of warrants outstanding and exercisable	Shares Weighted Average Warrants outstanding, as of June 30, 2017 139,032 $ 9.30 Issued 4,000,000 1.75 Exercised - - Expired - - 　 　 Warrants outstanding, as of March 31, 2018 4,139,032 $ 2.00 　 　 Warrants exercisable, as of March 31, 2018 139,032 $ 9.30
Summary of warants outstanding	Warrants Outstanding Warrants Weighted Average 2008 Warrants 139,032 $ 9.30 0.13 years 2018 Series A 2,000,000 - $ 1.75 5.50 years 2018 Series B 2,000,000 - $ 1.75 1.08 years

Non-Controlling Interest (Table

Non-Controlling Interest (Tables)	9 Months Ended
	Mar. 31, 2018
Non-Controlling Interest [Abstract]
Schedule of non-controlling interest	March 31, June 30, 2018 2017 Sino-China: Original paid-in capital $ 356,400 $ 356,400 Additional paid-in capital 1,044 1,044 Accumulated other comprehensive income (41,198 ) 217,379 Accumulated deficit (5,148,533 ) (5,421,578 ) (4,832,287 ) (4,846,755 ) Trans Pacific Logistics Shanghai Ltd. 123,728 46,047 ACH Trucking Center Corp. - 31,929 Total $ (4,708,559 ) $ (4,768,779 )

Commitments and Contingency (Ta

Commitments and Contingency (Tables)	9 Months Ended
	Mar. 31, 2018
Commitments and Contingency [Abstract]
Schedule of future minimum lease payments under operating lease agreements	Amount Twelve months ending March 31, 2019 $ 165,170 2020 81,666 $ 246,836

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Mar. 31, 2018
Income Taxes [Abstract]
Schedule of income tax benefit (expense)	For the three months ended March 31, For the nine months ended March 31, 2018 2017 2018 2017 Current USA $ - $ - $ (60,162 ) $ - Hong Kong 6,250 (36,966 ) (3,172 ) (71,067 ) China (69,345 ) (47,738 ) (320,270 ) (158,649 ) One-time transition tax on accumulated foreign earnings - - (478,499 ) - (63,095 ) (84,704 ) (862,103 ) (229,716 ) Deferred USA (153,000 ) 387,900 920,700 387,900 Total income tax benefit (expense) $ (216,095 ) $ 303,196 $ 58,597 $ 158,184
Schedule of deferred tax assets	March 31, June 30, 2018 2017 Allowance for doubtful accounts $ 568,000 $ 106,000 Stock-based compensation 687,000 790,000 Net operating loss 1,068,000 1,464,000 Total deferred tax assets 2,323,000 2,360,000 Valuation allowance (652,900 ) (1,610,600 ) Deferred tax assets, net - long-term $ 1,670,100 $ 749,400
Schedule of income taxes payable	March 31, June 30, 2018 2017 VAT tax payable $ 558,452 $ 520,436 Corporate income tax payable 2,213,939 1,290,832 Others 69,762 74,948 Total 2,842,153 1,886,216 Less: current portion 2,401,934 1,886,216 Income tax payable - noncurrent portion $ 440,219 $ -

Segment Reporting (Tables)

Segment Reporting (Tables)	9 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
Summary of information by segment	For the three months ended March 31, 2018 Inland Freight Logistics Services Container Trucking Services Bulk Cargo Container Services Total Revenues - Related party $ 501,000 $ - $ - $ - $ 501,000 - Third parties $ 934,872 $ 3,577,293 $ 187,005 $ - $ 4,699,170 Total revenues $ 1,435,872 $ 3,577,293 $ 187,005 $ - $ 5,200,170 Cost of revenues $ 91,276 $ 3,195,492 $ 118,667 $ - $ 3,405,435 Gross profit $ 1,344,596 $ 381,801 $ 68,338 $ - $ 1,794,735 Depreciation and amortization $ 26,268 $ 475 $ 4,917 $ - $ 31,660 Total capital expenditures $ - $ - $ 10,929 $ - $ 10,929 For the three months ended March 31, 2017 Inland Freights Logistic Services Container Trucking Services Bulk Cargo Container Services Total Revenues - Related party $ 762,777 $ - $ - $ - $ 762,777 - Third parties $ 771,063 $ 827,908 $ 385,863 $ - $ 1,984,834 Total revenues $ 1,533,840 $ 827,908 $ 385,863 $ - $ 2,747,611 Cost of revenues $ 79,983 $ 699,578 $ 352,652 $ - $ 1,132,213 Gross profit $ 1,453,857 $ 128,330 $ 33,211 $ - $ 1,615,398 Depreciation and amortization $ 5,655 $ 5,370 $ - $ - $ 11,025 Total capital expenditures $ 55,474 $ - $ - $ - $ 55,474 For the nine months ended March 31, 2018 Inland Freight Logistics Services Container Trucking Bulk Cargo Container Services Total Revenues - Related party $ 1,621,406 $ - $ - $ - $ 1,621,406 - Third parties $ 2,626,773 $ 10,177,505 $ 736,751 $ 638,227 $ 14,179,256 Total revenues $ 4,248,179 $ 10,177,505 $ 736,751 $ 638,227 $ 14,179,256 Cost of revenues $ 447,451 $ 9,023,600 $ 481,731 $ 494,449 $ 10,447,231 Gross profit $ 3,800,728 $ 1,153,905 $ 255,020 $ 143,778 $ 5,353,431 Depreciation and amortization $ 46,665 $ 1,426 $ 15,311 $ - $ 63,402 Total capital expenditures $ - $ 326,508 $ 53,409 $ - $ 379,917 For the nine months ended March 31, 2017 Inland Freight Logistics Services Container Trucking Services Bulk Cargo Container Services Total Revenues - Related party $ 2,229,180 $ - $ - $ - $ 2,229,180 - Third parties $ 2,241,998 $ 1,803,641 $ 545,742 $ - $ 4,591,381 Total revenues $ 4,471,178 $ 1,803,641 $ 545,742 $ - $ 6,820,561 Cost of revenues $ 271,784 $ 1,068,951 $ 448,613 $ - $ 1,789,348 Gross profit $ 4,199,394 $ 734,690 $ 97,129 $ - $ 5,031,213 Depreciation and amortization $ 20,322 $ 16,110 $ - $ - $ 36,432 Total capital expenditures $ 55,474 $ - $ - $ - $ 55,474
Schedule of segment reporting total assets	Total assets: March 31, June 30, 2018 2017 Inland Transportation Management Services $ 21,460,889 $ 15,552,593 Freight Logistic Services 162,504 1,704,946 Container Trucking Services 1,538,860 558,482 Bulk Cargo Container Services 515,845 - Total Assets $ 23,678,098 $ 17,816,021

Other Related Party Transacti35

Other Related Party Transactions (Tables)	9 Months Ended
	Mar. 31, 2018
Other Related Party Transactions [Abstract]
Schedule of outstanding amounts due from related party	March 31, June 30, 2018 2017 Tianjin Zhiyuan Investment Group Co., Ltd. $ 2,499,493 $ 1,715,130 Less: allowance for doubtful accounts (249,949 ) - Total $ 2,249,544 $ 1,715,130
Schedule of outstanding amounts of advance to suppliers-related party	March 31, June 30, 2018 2017 Zhiyuan International Investment & Holding Group (Hong Kong) Co., Ltd. $ 3,601,421 $ 3,333,038 Total $ 3,601,421 $ 3,333,038

Organization and Nature of Bu36

Organization and Nature of Business (Details)	Jul. 07, 2017	Feb. 18, 2017	Mar. 31, 2018	Jan. 05, 2017
Organization and Nature of Business (Textual)
Foreign owned enterprise investment percentage, description			The Company's Chinese subsidiary, Trans Pacific Shipping Limited, a wholly-owned foreign enterprise ("Trans Pacific Beijing"), is the 90% owner of Trans Pacific Logistics Shanghai Limited ("Trans Pacific Shanghai"). Trans Pacific Beijing and Trans Pacific Shanghai are referred to collectively as "Trans Pacific".
Percentage of service fee receivable	15.00%
Minimum [Member]
Organization and Nature of Business (Textual)
Percentage of service fee receivable		1.00%
Maximum [Member]
Organization and Nature of Business (Textual)
Percentage of service fee receivable		1.25%
ACH Trucking Center [Member]
Organization and Nature of Business (Textual)
Ownership percentage by parent				51.00%

Summary of Significant Accoun37

Summary of Significant Accounting Policies (Details) - USD ($)	Mar. 31, 2018	Jun. 30, 2017
Schedule of Sino-China's assets and liabilities
Total current assets	$ 21,164,977	$ 16,754,888
Total assets	23,678,098	17,816,021
Total current liabilities	3,671,068	3,086,496
Total liabilities	4,111,287	3,086,496
Sino-China's [Member]
Schedule of Sino-China's assets and liabilities
Total current assets	10,509,999	9,327,990
Total assets	10,650,688	9,472,651
Total current liabilities	12,785	4,517
Total liabilities	$ 12,785	$ 4,517

Summary of Significant Accoun38

Summary of Significant Accounting Policies (Details 1)	3 Months Ended		9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017	Jun. 30, 2017
Profits/Loss [Member] | RMB:1USD [Member]
Schedule of translation of foreign currency exchange rates
Foreign currency, exchange rates, profit/loss	6.3589	6.8885	6.5482	6.7960
Profits/Loss [Member] | AUD:1USD [Member]
Schedule of translation of foreign currency exchange rates
Foreign currency, exchange rates, profit/loss	1.2722	1.3196	1.2799	1.3249
Profits/Loss [Member] | HKD:1USD [Member]
Schedule of translation of foreign currency exchange rates
Foreign currency, exchange rates, profit/loss	7.8268	7.7604	7.8164	7.7582
Profits/Loss [Member] | CAD:1USD [Member]
Schedule of translation of foreign currency exchange rates
Foreign currency, exchange rates, profit/loss	1.2640	1.3233	1.2627	1.3210
Balance Sheet [Member] | RMB:1USD [Member]
Schedule of translation of foreign currency exchange rates
Foreign currency, exchange rates, balance sheet	6.2753		6.2753		6.7806
Balance Sheet [Member] | AUD:1USD [Member]
Schedule of translation of foreign currency exchange rates
Foreign currency, exchange rates, balance sheet	1.3020		1.3020		1.3028
Balance Sheet [Member] | HKD:1USD [Member]
Schedule of translation of foreign currency exchange rates
Foreign currency, exchange rates, balance sheet	7.8448		7.8448		7.8059
Balance Sheet [Member] | CAD:1USD [Member]
Schedule of translation of foreign currency exchange rates
Foreign currency, exchange rates, balance sheet	1.2896		1.2896		1.2982

Summary of Significant Accoun39

Summary of Significant Accounting Policies (Details 2)	9 Months Ended
	Mar. 31, 2018
Buildings [Member]
Schedule of estimated useful lives
Estimated useful lives for property and equipment, net	20 years
Motor vehicles [Member] | Minimum [Member]
Schedule of estimated useful lives
Estimated useful lives for property and equipment, net	5 years
Motor vehicles [Member] | Maximum [Member]
Schedule of estimated useful lives
Estimated useful lives for property and equipment, net	10 years
Furniture and office equipment [Member] | Minimum [Member]
Schedule of estimated useful lives
Estimated useful lives for property and equipment, net	3 years
Furniture and office equipment [Member] | Maximum [Member]
Schedule of estimated useful lives
Estimated useful lives for property and equipment, net	5 years
Leasehold improvements [Member]
Schedule of estimated useful lives
Estimated useful lives for property and equipment	Shorter of lease term or useful life

Summary of Significant Accoun40

Summary of Significant Accounting Policies (Details 3) - Software [Member]	9 Months Ended
	Mar. 31, 2018
Minimum [Member]
Summary of Significant Accounting Policies [Line Items]
Finite-Lived Intangible Asset, Useful Life	3 years
Maximum [Member]
Summary of Significant Accounting Policies [Line Items]
Finite-Lived Intangible Asset, Useful Life	5 years

Summary of Significant Accoun41

Summary of Significant Accounting Policies (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017	Jun. 30, 2017
Summary of Significant Accounting Policies (Textual)
Cash balance at U.S. financial institutions, not insured by the FDIC	$ 7,413,222		$ 7,413,222		$ 6,246,337
Cash balance at U.S. financial institutions, FDIC insured amount	$ 2,077,680		$ 2,077,680		$ 2,462,792
Percentage of business tax			5.00%
VAT rate, description			Enterprises or individuals who sell commodities, engage in services or selling of goods in the PRC are subject to a value added tax ("VAT") in accordance with PRC laws. All of the Company's revenue generated in the PRC are subject to a VAT on the gross sales price. The VAT rates are 6% and 11%, depending on the type of services provided.
Percentage of construction taxes			7.00%
Percentage of education surcharges			3.00%
Unexercised options included in the computation of diluted earnings per share	34,686	34,782	46,283	20,621
Percentage of income tax			25.00%
Corporate tax rates effective during the period, description			The U.S. corporate tax rate decreased from 35% to 21%. As the Company has a June 30 fiscal year-end, the lower corporate income tax rate will be phased in, resulting in a U.S. statutory federal rate of approximately 28% for our fiscal year ending June 30, 2018, and 21% for subsequent fiscal years.
Reclassified revenue			$ 504,815
Cost of revenue			$ 504,815
Sino-China's [Member]
Summary of Significant Accounting Policies (Textual)
Percentage of net income			90.00%

Accounts Receivable, Net (Detai

Accounts Receivable, Net (Details) - USD ($)	Mar. 31, 2018	Jun. 30, 2017	Jun. 30, 2016
Accounts Receivable, Net [Abstract]
Trade accounts receivable	$ 6,108,078	$ 2,754,962
Less: allowances for doubtful accounts	(1,350,531)	(185,821)	$ (207,028)
Accounts receivables, net	$ 4,757,547	$ 2,569,141

Accounts Receivable, Net (Det43

Accounts Receivable, Net (Details 1) - USD ($)	3 Months Ended	9 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2018	Jun. 30, 2017
Accounts Receivable, Net [Abstract]
Beginning balance		$ 185,821	$ 207,028
Provision for doubtful accounts	$ 586,547	1,182,832
Less: write-off/recovery		(24,638)	(18,912)
Exchange rate effect		6,516	(2,295)
Ending balance	$ 1,350,531	$ 1,350,531	$ 185,821

Accounts Receivable, Net (Det44

Accounts Receivable, Net (Details Textual) - USD ($)	3 Months Ended	9 Months Ended	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2018	Jun. 30, 2017
Accounts Receivable, Net (Textual)
Recovery of doubtful accounts	$ 586,547	$ 1,182,832

Advances to Suppliers (Details)

Advances to Suppliers (Details) - USD ($)	Mar. 31, 2018	Jun. 30, 2017
Schedule of advances to suppliers
Intelligent logistics system deposit	$ 437,356
Freight fees		29,960
Others	4,781	24,930
Total advances to suppliers - third parties	$ 442,137	$ 54,890

Advances to Suppliers (Details

Advances to Suppliers (Details 1) - USD ($)	Mar. 31, 2018	Jun. 30, 2017
Schedule of advances to suppliers - related party
Freight fees	$ 3,601,421	$ 3,333,038
Total advances to suppliers - related party	$ 3,601,421	$ 3,333,038

Advances to Suppliers (Detail47

Advances to Suppliers (Details Textual) - USD ($)	1 Months Ended
	Feb. 18, 2017	Mar. 31, 2018	Jun. 30, 2017
Advances to Suppliers (Textual)
Commission for transport services, description	The Company will be a supplier for part of the project's logistics solutions and, in return, the Company will receive a 1% to 1.25% fee incurred as a commission for its services rendered.
Prepayment amount		$ 437,356

Prepaid Expenses and Other As48

Prepaid Expenses and Other Assets (Details) - USD ($)		Mar. 31, 2018	Jun. 30, 2017
Prepaid Expenses and Other Assets [Abstract]
Consultant fees	[1]	$ 39,537	$ 158,150
Advance to employees		74,199	64,160
Other (including prepaid insurance, rent , public relation services)		283,632	95,708
Total		397,368	318,018
Less: current portion		397,368	311,136
Total noncurrent portion			$ 6,882
[1]	The Company entered into a management consulting services agreement with a consulting company on November 12, 2015, pursuant to which the consulting company shall assist the Company with its regulatory filings during the period from July 1, 2016 to June 30, 2018. In return for its services, as approved by the Board, a total of RMB 2,100,000 ($316,298) was paid to the consulting company. The above-mentioned consulting fees have been and will be ratably charged to expense over the terms of the above-mentioned agreement.

Prepaid Expenses and Other As49

Prepaid Expenses and Other Assets (Details Textual) - Nov. 12, 2015	USD ($)	CNY (¥)
Prepaid Expenses and Other Assets (Textual)
Management consulting services	$ 316,298	¥ 2,100,000

Property and Equipment, Net (De

Property and Equipment, Net (Details) - USD ($)	Mar. 31, 2018	Jun. 30, 2017
Total	$ 1,779,109	$ 1,306,030
Less: Accumulated depreciation	1,242,827	1,118,657
Property and equipment, net	536,282	187,373
Land and Buildings [Member]
Total	214,497	198,512
Motor vehicles [Member]
Total	632,130	542,471
Computer equipment [Member]
Total	161,440	155,141
Office equipment [Member]
Total	88,392	66,097
Furniture and fixtures [Member]
Total	169,234	163,219
System software [Member]
Total	126,787	117,733
Leasehold improvements [Member]
Total	$ 386,629	$ 62,857

Property and Equipment, Net (51

Property and Equipment, Net (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017
Property and Equipment, Net (Textual)
Depreciation expense	$ 15,827	$ 11,025	$ 42,291	$ 36,432

Intangible Assets, Net (Details

Intangible Assets, Net (Details) - USD ($)	Mar. 31, 2018	Jun. 30, 2017
Intangible Assets, Net [Abstract]
Full service logistics platforms	$ 190,000
Total intangible assets	190,000
Less: Accumulated amortization	21,111
Intangible asset, net	$ 168,889

Intangible Assets, Net (Detai53

Intangible Assets, Net (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017
Intangible Assets, Net (Textual)
Amortization expense of intangible assets	$ 15,833		$ 21,111

Stock Options (Details)

Stock Options (Details)	9 Months Ended
	Mar. 31, 2018$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Options exercisable | shares	139,032
Weighted Average Exercise Price, Exercised | $ / shares	$ 9.30
Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Options outstanding, Beginning | shares	141,000
Shares, Granted | shares
Shares, Exercised | shares
Shares, Cancelled | shares
Shares, Options outstanding, Ending | shares	141,000
Shares, Options exercisable | shares	139,000
Weighted Average Exercise Price, Options outstanding, Beginning | $ / shares	$ 3.81
Weighted Average Exercise Price, Granted | $ / shares
Weighted Average Exercise Price, Exercised | $ / shares
Weighted Average Exercise Price, Cancelled | $ / shares
Weighted Average Exercise Price, Options outstanding, Ending | $ / shares	3.81
Weighted Average Exercise Price, Options exercisable | $ / shares	$ 3.83

Stock Options (Details 1)

Stock Options (Details 1) - $ / shares	9 Months Ended
	Mar. 31, 2018	Jun. 30, 2017
Outstanding Options, Average Remaining Contractual Life	3 years 9 months 22 days
Exercisable Options, Number	139,032
Options [Member]
Outstanding Options, Exercise Price	$ 3.81	$ 3.81
Outstanding Options, Number	141,000	141,000
Exercisable Options, Average Exercise Price	$ 3.83
Exercisable Options, Number	139,000
Exercise Price 7.75 [Member]
Outstanding Options, Exercise Price	$ 7.75
Outstanding Options, Number	56,000
Exercise Price 7.75 [Member] | Options [Member]
Outstanding Options, Exercise Price	$ 7.75
Outstanding Options, Number	56,000
Outstanding Options, Average Remaining Contractual Life	1 month 16 days
Exercisable Options, Average Exercise Price	$ 7.75
Exercisable Options, Number	56,000
Exercisable Options, Average Remaining Contractual Life	1 month 16 days
Exercise Price 2.01 [Member]
Outstanding Options, Exercise Price	$ 2.01
Outstanding Options, Number	10,000
Exercise Price 2.01 [Member] | Options [Member]
Outstanding Options, Exercise Price	$ 2.01
Outstanding Options, Number	10,000
Outstanding Options, Average Remaining Contractual Life	4 years 10 months 3 days
Exercisable Options, Average Exercise Price	$ 2.01
Exercisable Options, Number	8,000
Exercisable Options, Average Remaining Contractual Life	4 years 10 months 3 days
Exercise Price 1.10 [Member] | Options [Member]
Outstanding Options, Exercise Price	$ 1.10	$ 1.10
Outstanding Options, Number	75,000	75,000
Outstanding Options, Average Remaining Contractual Life	3 years 3 months 26 days
Exercisable Options, Average Exercise Price	$ 1.10
Exercisable Options, Number	75,000
Exercisable Options, Average Remaining Contractual Life	3 years 3 months 26 days

Stock Options (Details Textual)

Stock Options (Details Textual)	Dec. 14, 2016USD ($)Employees$ / sharesshares	Feb. 28, 2017Employeesshares	Jul. 26, 2016USD ($)Employees$ / sharesshares	Mar. 31, 2018USD ($)shares	Mar. 31, 2017USD ($)shares	Mar. 31, 2018USD ($)$ / sharesshares	Mar. 31, 2017USD ($)shares
2009 Grants [Member]
Stock-Based Compensation (Textual)
Options granted						56,000
Options vesting period						10 years
Exercise price of options | $ / shares						$ 7.75
Options vesting, description						Vested over 5 years and were fully vested as of March 31, 2018.
2013 Grants [Member]
Stock-Based Compensation (Textual)
Options granted						10,000
Options vesting period						10 years
Exercise price of options | $ / shares						$ 2.01
Volatility rate						452.04%
Risk free interest rate						0.88%
Expected life						10 years
Total fair value of options | $						$ 19,400
Options vesting, description						These options are fully vested as of March 31, 2018.
2014 Stock Incentive Plan [Member]
Stock-Based Compensation (Textual)
Options granted	800,000		150,000
Number of employees | Employees	7	2	2
Options vesting period			1 year
Exercise price of options | $ / shares			$ 1.10
Grant date fair value of options | $ / shares	$ 2.24		$ 0.77
Volatility rate	112.70%		99.68%
Risk free interest rate	2.02%		1.15%
Expected life	5 years		5 years
Total fair value of options | $	$ 1,788,985		$ 115,979
Options exercised		75,000
Options vesting, description	Purchase an aggregate of 800,000 shares of Common Stock to seven employees, with a vesting period from one to three years.
Options cancelled	800,000
2014 Stock Incentive Plan [Member] | Minimum [Member]
Stock-Based Compensation (Textual)
Options vesting period	1 year
2014 Stock Incentive Plan [Member] | Maximum [Member]
Stock-Based Compensation (Textual)
Options vesting period	3 years
General and administrative expenses [Member] | 2014 Stock Incentive Plan [Member]
Stock-Based Compensation (Textual)
Stock option expense | $					$ 28,995	$ 9,665	$ 77,230

Equity Transactions (Details)

Equity Transactions (Details)	9 Months Ended
	Mar. 31, 2018
Series A [Member]
Equity Transactions (Textual)
Annual dividend yield
Expected life (years)	5 years 6 months
Risk-free interest rate	2.72%
Expected volatility	110.31%
Series B [Member]
Equity Transactions (Textual)
Annual dividend yield
Expected life (years)	1 year 29 days
Risk-free interest rate	2.16%
Expected volatility	73.88%

Equity Transactions (Details 1)

Equity Transactions (Details 1)	9 Months Ended
	Mar. 31, 2018$ / sharesshares
Number of Warrants
Warrants outstanding, ending balance	139,032
Warrant [Member]
Number of Warrants
Warrants outstanding, beginning balance	139,032
Issued	4,000,000
Exercised
Expired
Warrants outstanding, ending balance	4,139,032
Warrants exercisable	139,032
Weighted Average Exercise Price
Weighted Average Exercise Price, Beginning balance | $ / shares	$ 9.30
Issued | $ / shares	1.75
Exercised | $ / shares
Expired | $ / shares
Weighted Average Exercise Price, Ending balance | $ / shares	2
Weighted Average Exercise Price Warrants exercisable | $ / shares	$ 9.30

Equity Transactions (Details 2)

Equity Transactions (Details 2)	9 Months Ended
	Mar. 31, 2018$ / sharesshares
2018 Series A 2,000,000 [Member]
Equity Transactions (Textual)
Warrants Exercisable | shares
Weighted Average Exercise Price | $ / shares	$ 1.75
Average Remaining Contractual Life	5 years 6 months
2018 Series B 2,000,000 [Member]
Equity Transactions (Textual)
Warrants Exercisable | shares
Weighted Average Exercise Price | $ / shares	$ 1.75
Average Remaining Contractual Life	1 year 29 days
2008 Warrants [Member]
Equity Transactions (Textual)
Warrants Exercisable | shares	139,032
Weighted Average Exercise Price | $ / shares	$ 9.30
Average Remaining Contractual Life	1 month 16 days

Equity Transactions (Details Te

Equity Transactions (Details Textual)

May 04, 2018USD ($)$ / sharesshares

Mar. 12, 2018USD ($)$ / sharesshares

Oct. 23, 2017USD ($)$ / sharesshares

Mar. 31, 2017USD ($)

Dec. 09, 2015USD ($)shares

May 05, 2015USD ($)Consultants$ / sharesshares

Jun. 06, 2014USD ($)Consultantsshares

Apr. 26, 2018shares

Oct. 27, 2017USD ($)shares

Mar. 22, 2017$ / sharesshares

May 23, 2016$ / sharesshares

Sep. 30, 2014$ / sharesshares

Jun. 30, 2014shares

Mar. 31, 2018USD ($)$ / shares

Mar. 31, 2017USD ($)

Mar. 31, 2018USD ($)$ / sharesshares

Mar. 31, 2017USD ($)

Jun. 30, 2017$ / shares

Equity Transactions (Textual)

Common stock issued for services | shares

200,000

250,000

Common stock per share | $ / shares

Issuance of common stock

Consultants charged to expenses

$ 280,709

$ 17,569

432,125

$ 547,138

General and administrative expenses

1,477,514

612,441

4,067,885

2,248,639

Placement agent fees

$ 2,585,091

2,585,091

Fair value of warrants

$ 1,074,140

Series A warrants [Member]

Equity Transactions (Textual)

Sale of stock, Shares | shares

2,000,000

Exercise price per share | $ / shares

$ 1.75

$ 1.75

Series A warrants [Member] | Subsequent Event [Member]

Equity Transactions (Textual)

Issuance of common stock, shares | shares

4,000,000

Series B warrants [Member]

Equity Transactions (Textual)

Sale of stock, Shares | shares

2,000,000

Exercise price per share | $ / shares

$ 1.75

$ 1.75

Securities Purchase Agreement [Member]

Equity Transactions (Textual)

Sale of stock, Shares | shares

2,000

Exercise price per share | $ / shares

$ 1.50

Amount of sale of stock

$ 3,000,000

Sale of stock, Description

The placement agent received a cash commission fee equal to 7.5% of the gross proceeds. The offering was closed on March 14, 2018. The offering of the shares of the 2 million common stock is being made pursuant to the Company's effective shelf registration statement on Form S-3 (File No. 333-222098), which was originally filed with the SEC on December 15, 2017, and was declared effective by the SEC on February 16, 2018. The Company agreed in the purchase agreement that it would not issue any common stock for 60 calendar days following the closing of the offering and each of the Company's executive officers and directors have agreed to a lock-up period of 60 days from the date of the purchase agreement.

Stock Incentive Plan 2014 [Member] | Subsequent Event [Member]

Equity Transactions (Textual)

Issuance of common stock

$ 759,000

Vested price per share | $ / shares

$ 1.15

Issuance of common stock, shares | shares

660,000

Board of Directors [Member]

Equity Transactions (Textual)

Common stock issued for services | shares

600,000

Number of consultants | Consultants

2

Consultants [Member]

Equity Transactions (Textual)

Common stock issued for services | shares

250,000

500,000

250,000

250,000

400,000

Number of consultants | Consultants

3

Consulting fees

$ 435,000

$ 750,000

$ 1,140,000

Purchase price per share | $ / shares

$ 1.50

Consultants charged to expenses

218,045

Restricted common stock value issued

$ 632,500

Exercise price per share | $ / shares

$ 0.72

$ 1.68

Restricted share price | $ / shares

$ 2.53

Service agreement period

18 months

Consultants one [Member]

Equity Transactions (Textual)

Consultants charged to expenses

173,137

Consultants two [Member]

Equity Transactions (Textual)

Consultants charged to expenses

138,387

Consultants three [Member]

Equity Transactions (Textual)

Consultants charged to expenses

52,708

17,569

158,125

17,569

Employees [Member]

Equity Transactions (Textual)

Shares vested

$ 364,000

Shares of restricted common stock issued | shares

130,000

Restricted common stock vesting, description

Quarter of the total number of common shares shall become vested on each of November 16, 2017, February 16, 2018, May 16, 2018 and August 16, 2018.

General and administrative expenses

(91,000)

(182,000)

Restricted share price | $ / shares

$ 2.80

Consultant company [Member]

Equity Transactions (Textual)

Consultants charged to expenses

$ 137,000

$ 274,000

Shares of restricted common stock issued | shares

200,000

Restricted common stock value issued

$ 548,000

Non-Controlling Interest (Detai

Non-Controlling Interest (Details) - USD ($)	Mar. 31, 2018	Jun. 30, 2017
Noncontrolling Interest [Line Items]
Original paid-in capital	$ 22,046,330	$ 20,535,379
Additional paid-in capital	2,386,864	688,934
Accumulated other comprehensive income	153,775	(414,564)
Accumulated deficit	105,939	(893,907)
Total	(4,708,559)	(4,768,779)
ACH Trucking Center Corp. [Member]
Noncontrolling Interest [Line Items]
Total		31,929
Sino-China [Member]
Noncontrolling Interest [Line Items]
Original paid-in capital	356,400	356,400
Additional paid-in capital	1,044	1,044
Accumulated other comprehensive income	(41,198)	217,379
Accumulated deficit	(5,148,533)	(5,421,578)
Total	(4,832,287)	(4,846,755)
Trans Pacific Logistics Shanghai Ltd. [Member]
Noncontrolling Interest [Line Items]
Total	$ 123,728	$ 46,047

Commitments and Contingency (De

Commitments and Contingency (Details)	Mar. 31, 2018USD ($)
Twelve months ending March 31,
2,019	$ 165,170
2,020	81,666
Future minimum lease payments, amount	$ 246,836

Commitments and Contingency (63

Commitments and Contingency (Details Textual) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017	Jun. 30, 2017
Commitments and Contingency (Textual)
Operating lease agreements term			Apr. 16, 2020
Rental expenses	$ 59,183	$ 66,642	$ 178,490	$ 194,532
Severance payments			$ 58,373		$ 48,713

Income Taxes (Details)

Income Taxes (Details) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017
Current
Current income tax benefit (expense)	$ (63,095)	$ (84,704)	$ (862,103)	$ (229,716)
One-time transition tax on accumulated foreign earnings			(478,499)
Deferred
Deferred income tax benefit (expense)			920,700	387,900
Income tax benefit (expense)	(216,095)	303,196	58,597	158,184
USA [Member]
Current
Current income tax benefit (expense)			(60,162)
Deferred
Deferred income tax benefit (expense)	(153,000)	387,900	920,700	(387,900)
Hong Kong [Member]
Current
Current income tax benefit (expense)	6,250	(36,966)	(3,172)	(71,067)
China [Member]
Current
Current income tax benefit (expense)			$ (478,499)

Income Taxes (Details 1)

Income Taxes (Details 1) - USD ($)	Mar. 31, 2018	Jun. 30, 2017
Deferred tax assets
Allowance for doubtful accounts	$ 568,000	$ 106,000
Stock-based compensation	687,000	790,000
Net operating loss	1,068,000	1,464,000
Total deferred tax assets	2,323,000	2,360,000
Valuation allowance	(652,900)	(1,610,600)
Deferred tax assets, net - long-term	$ 1,670,100	$ 749,400

Income Taxes (Details 2)

Income Taxes (Details 2) - USD ($)	Mar. 31, 2018	Jun. 30, 2017
Income Taxes [Abstract]
VAT tax payable	$ 558,452	$ 520,436
Corporate income tax payable	2,213,939	1,290,832
Others	69,762	74,948
Total	2,842,153	1,886,216
Less: current portion	2,401,934	1,886,216
Income tax payable - noncurrent portion	$ 440,219

Income Taxes (Details Textual)

Income Taxes (Details Textual) - USD ($)	1 Months Ended	3 Months Ended		9 Months Ended		12 Months Ended
	Dec. 22, 2017	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017	Jun. 30, 2018
Income Taxes (Textual)
Income tax expense		$ 216,095	$ (303,196)	$ (58,597)	$ (158,184)
Federal net operating losses utilization, amount		317,000		954,000
Increase in valuation allowance		140,000		957,700
Net operating loss		5,250,000		$ 5,250,000
Deferred tax assets based on blended rate				28.00%
Re-measurement resulted in a tax expense		$ 120,400
One-time transition tax increase in income tax expense				$ 478,000
Net earnings and profits				$ 5,700,000
Percentage of one-time transition tax rate				15.50%
Percentage of other asset				8.00%
Other assets to be paid years				8 years
Subsequent Event [Member]
Income Taxes (Textual)
Effective tax rate						21.00%
U.S. statutory federal rate						28.00%
Minimum [Member] | U.S. corporate tax [Member]
Income Taxes (Textual)
U.S. statutory federal rate	21.00%
Maximum [Member] | U.S. corporate tax [Member]
Income Taxes (Textual)
U.S. statutory federal rate	35.00%

Concentrations (Details)

Concentrations (Details)	3 Months Ended		9 Months Ended
	Mar. 31, 2018CustomersSuppliers	Mar. 31, 2017CustomersSuppliers	Mar. 31, 2018CustomersSuppliers	Mar. 31, 2017CustomersSuppliers
Customer Concentration Risk [Member] | Revenues [Member]
Concentrations (Textual)
Number of customer	3	3	3	3
Customer Concentration Risk [Member] | Revenues [Member] | Major Customer One [Member]
Concentrations (Textual)
Concentrations risks, percentage	70.00%	28.00%	59.00%	33.00%
Customer Concentration Risk [Member] | Revenues [Member] | Major Customer Two [Member]
Concentrations (Textual)
Concentrations risks, percentage	18.00%	28.00%	17.00%	33.00%
Customer Concentration Risk [Member] | Revenues [Member] | Major Customer Three [Member]
Concentrations (Textual)
Concentrations risks, percentage	10.00%	27.00%	10.00%	16.00%
Customer Concentration Risk [Member] | Revenues [Member] | Due from related party [Member]
Concentrations (Textual)
Concentrations risks, percentage	100.00%	27.00%	100.00%	27.00%
Number of customer	4	1	4	1
Customer Concentration Risk [Member] | Accounts receivable [Member]
Concentrations (Textual)
Concentrations risks, percentage	84.00%	75.00%	84.00%	75.00%
Number of customer	2	2	2	2
Supplier Concentration Risk [Member] | Costs of revenue [Member]
Concentrations (Textual)
Number of suppliers | Suppliers	2	2	2	1
Supplier Concentration Risk [Member] | Costs of revenue [Member] | Major Supplier One [Member]
Concentrations (Textual)
Concentrations risks, percentage	82.00%	65.00%	48.00%	51.00%
Supplier Concentration Risk [Member] | Costs of revenue [Member] | Major Supplier Two [Member]
Concentrations (Textual)
Concentrations risks, percentage	15.00%	13.00%	6.00%

Segment Reporting (Details)

Segment Reporting (Details) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017
Revenues
- Related party	$ 501,000	$ 762,777	$ 1,621,406	$ 2,229,180
- Third parties	4,699,170	1,984,834	14,179,256	4,591,381
Total revenues	5,200,170	2,747,611	15,800,662	6,820,561
Cost of revenues	3,405,435	1,132,213	10,447,231	1,789,348
Gross profit	1,794,735	1,615,398	5,353,431	5,031,213
Depreciation and amortization	31,660	11,025	63,402	36,432
Total capital expenditures	10,929	55,474	379,917	55,474
Inland Transportation Management Services [Member]
Revenues
- Related party	501,000	762,777	1,621,406	2,229,180
- Third parties	934,872	771,063	2,626,773	2,241,998
Total revenues	1,435,872	1,533,840	4,248,179	4,471,178
Cost of revenues	91,276	79,983	447,451	271,784
Gross profit	1,344,596	1,453,857	3,800,728	4,199,394
Depreciation and amortization	26,268	5,655	46,665	20,322
Total capital expenditures		55,474		55,474
Freight Logistics Services [Member]
Revenues
- Related party
- Third parties	3,577,293	827,908	10,177,505	1,803,641
Total revenues	3,577,293	827,908	10,177,505	1,803,641
Cost of revenues	3,195,492	699,578	9,023,600	1,068,951
Gross profit	381,801	128,330	1,153,905	734,690
Depreciation and amortization	475	5,370	1,426	16,110
Total capital expenditures			326,508
Container Trucking Services [Member]
Revenues
- Related party
- Third parties	187,005	385,863	736,751	545,742
Total revenues	187,005	385,863	736,751	545,742
Cost of revenues	118,667	352,652	481,731	448,613
Gross profit	68,338	33,211	255,020	97,129
Depreciation and amortization	4,917		15,311
Total capital expenditures	10,929		53,409
Bulk Cargo Container Services [Member]
Revenues
- Related party
- Third parties			638,227
Total revenues			638,227
Cost of revenues			494,449
Gross profit			143,778
Depreciation and amortization
Total capital expenditures

Segment Reporting (Details 1)

Segment Reporting (Details 1) - USD ($)	Mar. 31, 2018	Jun. 30, 2017
Segment Reporting Information [Line Items]
Total assets	$ 23,678,098	$ 17,816,021
Inland Transportation Management Services [Member]
Segment Reporting Information [Line Items]
Total assets	21,460,889	15,552,593
Freight Logistic Services [Member]
Segment Reporting Information [Line Items]
Total assets	162,504	1,704,946
Container Trucking Services [Member]
Segment Reporting Information [Line Items]
Total assets	1,538,860	558,482
Bulk Cargo Container Services [Member]
Segment Reporting Information [Line Items]
Total assets	$ 515,845

Segment Reporting (Details Text

Segment Reporting (Details Textual)	3 Months Ended	9 Months Ended
	Mar. 31, 2018USD ($)	Mar. 31, 2018USD ($)Segments
Segment Reporting (Textual)
Number of operating segments | Segments		6
Reclassified revenue		$ 504,815
Container Trucking Services [Member]
Segment Reporting (Textual)
Segment revenue		$ 42,968
Segment revenue, percentage	0.00%	6.00%
Segment gross profit		$ 4,297
Segment gross profit, percentage	0.00%	2.00%
Freight Logistics Services [Member]
Segment Reporting (Textual)
Segment revenue		$ 46,937
Segment revenue, percentage	0.00%	1.00%
Segment gross profit		$ 13,989
Segment gross profit, percentage	0.00%	2.00%

Other Related Party Transacti72

Other Related Party Transactions (Details) - USD ($)	Mar. 31, 2018	Jun. 30, 2017
Related Party Transaction [Line Items]
Less: allowance for doubtful accounts	$ (1,350,531)	$ (185,821)
Total	2,249,544	1,715,130
Tianjin Zhiyuan Investment Group Co., Ltd. [Member]
Related Party Transaction [Line Items]
Less: allowance for doubtful accounts	(249,949)
Total	$ 2,499,493	$ 1,715,130

Other Related Party Transacti73

Other Related Party Transactions (Details 1) - USD ($)	Mar. 31, 2018	Jun. 30, 2017
Related Party Transaction [Line Items]
Total	$ 3,601,421	$ 3,333,038
Zhiyuan International Investment & Holding Group (Hong Kong) Co., Ltd. [Member]
Related Party Transaction [Line Items]
Total	$ 3,601,421	$ 3,333,038

Other Related Party Transacti74

Other Related Party Transactions (Details Textual) - USD ($)	1 Months Ended	3 Months Ended		9 Months Ended
	Feb. 18, 2017	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Mar. 31, 2017	Jun. 30, 2017
Other Related Party Transactions (Textual)
Revenue from related parties		$ 501,000	$ 762,777	$ 1,621,406	$ 2,229,180
Due from related parties, current		2,249,544		$ 2,249,544		$ 1,715,130
Commission for transport services, description	The Company will be a supplier for part of the project's logistics solutions and, in return, the Company will receive a 1% to 1.25% fee incurred as a commission for its services rendered.
Allowance for Doubtful Accounts [Member]
Other Related Party Transactions (Textual)
Concentrations risks, percentage				10.00%
Sales Revenue, Net [Member]
Other Related Party Transactions (Textual)
Revenue from related parties		$ 501,000	$ 762,777	$ 1,631,000	$ 2,229,180
Concentrations risks, percentage		10.00%	28.00%	10.00%	33.00%
Tianjin Zhiyuan Investment Group Co., Ltd. [Member]
Other Related Party Transactions (Textual)
Revenue from related parties				$ 846,536
Due from related parties, current		$ 2,499,493		$ 2,499,493		$ 1,715,130
Commission for transport services, description	The Seller shall be appointed as general agent to handle related logistics and transportation occurring in the Project and in return the Company will receive a 1% to 1.25% fee incurred as a commission for its services rendered.

Subsequent Events (Details)

Subsequent Events (Details) - USD ($)	May 04, 2018	Mar. 31, 2018
Subsequent Events (Textual)
Issuance of common stock, value
Stock Incentive Plan 2014 [Member] | Subsequent Event [Member]
Subsequent Events (Textual)
Issuance of common stock, value	$ 759,000
Issuance of common stock, shares	660,000
Vested price per share	$ 1.15