Segment Reporting

12 Months Ended

Jun. 30, 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 four operating segments: (1) inland transportation management services; (2) freight logistics services; (3) container trucking services; (4) bulk cargo container services.

As stated in Note 1, ACH Center’s operating revenue was less than 1% of the Company’s consolidated revenue for 2018 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.

The following tables present summary information by segment for the years ended June 30, 2018 and 2017, respectively:

	For the year ended June 30, 2018
	Inland Transportation Management Services		Freight Logistic Services		Container Trucking Services		Bulk Cargo Container Services		Total
Revenues
- Related party	$	2,059,406	$	-	$	-	$	-	$	2,059,406
- Third parties	$	3,441,001	$	15,829,444	$	1,096,485	$	638,227	$	21,005,157
Total Revenues	$	5,500,407	$	15,829,444	$	1,096,485	$	638,227	$	23,064,563
Cost of revenues	$	874,760	$	13,519,486	$	696,998	$	494,449	$	15,585,693
Gross profit	$	4,625,647	$	2,309,958	$	399,487	$	143,778	$	7,478,870
Depreciation and amortization	$	72,954	$	1,902	$	20,063	$	-	$	94,919
Total capital expenditures	$	-	$	778,182	$	44,595	$	-	$	822,777

	For the year ended June 30, 2017
	Inland Transportation Management Services		Freight Logistic Services		Container Trucking Services		Bulk Cargo Container Services		Total
Revenues
- Related party	$	2,746,423	$	-	$	-	$	-	$	2,746,423
- Third parties	$	3,012,177	$	4,815,450	$	871,563	$	-	$	8,699,190
Total Revenues	$	5,758,600	$	4,815,450	$	871,563	$	-	$	11,445,613
Cost of revenues	$	620,259	$	3,710,364	$	649,968	$	-	$	4,980,591
Total
Gross profit	$	5,138,341	$	1,105,086	$	221,595	$	-	$	6,465,022
Depreciation and amortization	$	27,857	$	21,510	$	-	$	-	$	49,367
Total capital expenditures	$	61,359	$	1,053	$	-	$	-	$	62,412

Total assets as of:

	June 30,		June 30,
	2018		2017
Inland Transportation Management Services	$	18,338,099	$	15,552,593
Freight Logistics Services		161,667		1,704,946
Container Trucking Services		7,228,209		558,482
Bulk Cargo Container Services		429,852		-
Total Assets	$	26,157,827	$	17,816,021