SEGMENT REPORTING

12 Months Ended

Jun. 30, 2016

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Note 17. 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 details on the Company's business segments.

The Company's chief operating decision maker has been identified as the Chief Executive Officer who reviews the financial information of separate operating segments when making decisions about allocating resources and assessing performance of the group. Based on management's assessment, the Company has determined that it has three operating segments: shipping agency service, shipping and chartering services, and inland transportation management services.

The following tables present summary information by segment for the years ended June 30, 2016 and 2015, respectively:

	For the Year Ended June 30, 2016
	Shipping Agency and Ship Management Services		Shipping & Chartering Services		Inland Transportation Management  Services		Total
Revenues	$	2,507,800	$	462,218	$	4,340,522	$	7,310,540
Cost of revenues	$	2,175,109	$	212,510	$	1,350,370	$	3,737,989
Gross profit	$	332,691	$	249,708	$	2,990,152	$	3,572,551
Depreciation and amortization	$	45,434	$	1,410	$	12,664	$	59,508
Total capital expenditures	$	13,537	$	2,854	$	15,268	$	31,659
Total assets	$	1,271,948	$	534,896	$	7,247,300	$	9,054,144

	For the Year Ended June 30, 2015
	Shipping Agency and Ship Management Services		Shipping & Chartering Services		Inland Transportation Management Services		Total
Revenues	$	6,185,653	$	349,125	$	4,785,850	$	11,320,628
Cost of revenues	$	4,998,030	$	182,650	$	755,603	$	5,936,283
Gross profit	$	1,187,623	$	166,475	$	4,030,247	$	5,384,345
Depreciation and amortization	$	154,000	$	176	$	10,912	$	165,088
Total capital expenditures	$	84,102	$	-	$	-	$	84,102
Total assets	$	4,961,011	$	130,915	$	6,718,624	$	11,810,550