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SEGMENT REPORTING (Tables)
9 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The following tables present summary information by segment for the nine and three months ended March 31, 2014 and 2013, respectively:
 
 
 
For the Nine Months Ended March 31, 2014
 
 
 
Shipping Agency
Service
 
Shipping & Chartering
Services
 
Inland Transportation
Management Services
 
Total
 
Revenues
 
$
4,628,578
 
$
1,937,196
 
$
1,316,600
 
$
7,882,374
 
Cost of revenues
 
$
3,598,641
 
$
1,291,048
 
$
187,396
 
$
5,077,085
 
Gross profit
 
$
1,029,937
 
$
646,148
 
$
1,129,204
 
$
2,805,289
 
Depreciation and amortization
 
$
74,525
 
$
699
 
$
27,817
 
$
103,041
 
Total capital expenditures
 
$
193,001
 
$
-
 
$
10,701
 
$
203,702
 
Total assets
 
$
3,099,046
 
$
446,594
 
$
972,707
 
$
4,518,347
 
 
 
 
For the Nine Months Ended March 31, 2013
 
 
 
Shipping Agency
Service
 
Shipping & Chartering
Services
 
Inland Transportation
Management Services
 
Total
 
Revenues
 
$
16,650,903
 
$
-
 
$
-
 
$
16,650,903
 
Cost of revenues
 
$
15,118,150
 
$
-
 
$
-
 
$
15,118,150
 
Gross profit
 
$
1,532,753
 
$
-
 
$
-
 
$
1,532,753
 
Depreciation and amortization
 
$
139,859
 
$
-
 
$
-
 
$
139,859
 
Total capital expenditures
 
$
50,198
 
$
-
 
$
-
 
$
50,198
 
Total assets
 
$
7,878,407
 
$
-
 
$
-
 
$
7,878,407
 
 
 
 
For the Three Months Ended  March 31, 2014
 
 
 
Shipping Agency
Service
 
Shipping & Chartering
Services
 
Inland Transportation
Management Services
 
Total
 
Revenues
 
$
1,226,015
 
$
-
 
$
866,510
 
$
2,092,525
 
Cost of revenues
 
$
825,181
 
$
-
 
$
123,333
 
$
948,514
 
Gross profit
 
$
400,834
 
$
-
 
$
743,177
 
$
1,144,011
 
Depreciation and amortization
 
$
19,852
 
$
233
 
$
9,324
 
$
29,409
 
Total capital expenditures
 
$
1,472
 
$
-
 
$
8,861
 
$
10,333
 
Total assets
 
$
3,099,046
 
$
446,594
 
$
972,707
 
$
4,518,347
 
 
 
 
For Three Months Ended March 31, 2013
 
 
 
Shipping Agency
Service
 
Shipping & Chartering
Services
 
Inland Transportation
Management Services
 
Total
 
Revenues
 
$
2,339,074
 
$
-
 
$
-
 
$
2,339,074
 
Cost of revenues
 
$
1,993,924
 
$
-
 
$
-
 
$
1,993,924
 
Gross profit
 
$
345,150
 
$
-
 
$
-
 
$
345,150
 
Depreciation and amortization
 
$
86,435
 
$
-
 
$
-
 
$
86,435
 
Total capital expenditures
 
$
132
 
$
-
 
$
-
 
$
132
 
Total assets
 
$
7,878,407
 
$
-
 
$
-
 
$
7,878,407