ACCOUNTS RECEIVABLE, NET

Note 3. ACCOUNTS RECEIVABLE, NET

The Company's net accounts receivable are as follows:

	March 31,			June 30,
	2020			2019
Trade accounts receivable	$	8,405,601		$	12,716,120
Less: allowances for doubtful accounts		(6,659,929	)		(5,670,274	)
Accounts receivable, net	$	1,745,672		$	7,045,846

Movement of allowance for doubtful accounts are as follows:

	March 31, 2020			June 30, 2019
Beginning balance	$	5,670,274		$	1,682,228
Provision for doubtful accounts		4,428,108			4,091,056
Less: write-off/recovery		(3,355,304	)		(88,882	)
Exchange rate effect		(83,149	)		(14,128	)
Ending balance	$	6,659,929		$	5,670,274

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Other Receivables

9 Months Ended

Mar. 31, 2020

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

OTHER RECEIVABLES

Note 4. OTHER RECEIVABLES

The Company's other receivables are as follows:

	March 31,			June 30,
	2020			2019
Advances to customers*	$	9,983,979		$	4,237,270
Employee business advances		52,119			54,953
Security deposit		-			43,492
Total		10,036,098			4,335,715
Less: current portion		(6,486,140	)		(4,335,715	)
Total noncurrent portion	$	3,549,958		$	-

As of March 31, 2020, the Company entered into certain contracts with customers (state-owned entities) where the Company's services included freight costs and cost of commodities to be shipped to customers' designated locations. The Company prepaid the costs of commodities and recognized as advance payments on behalf of its customers. These advance payments on behalf of the customers will be repaid to the Company when either the contract terms are expired or the contracts are terminated by the Company. The Company is expected to execute the contracts by December 31, 2020 for the current portion which is within 12 months period from the date of the contracts were signed.

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Advances to Suppliers

9 Months Ended

Mar. 31, 2020

Advances to Suppliers [Abstract]

ADVANCES TO SUPPLIERS

Note 5. ADVANCES TO SUPPLIERS

The Company's advances to suppliers – third parties are as follows:

	March 31,		June 30,
	2020		2019
Freight fees (1)	$	112,037	$	123,767
Port fees		-		373
Total advances to suppliers-third parties	$	112,037	$	124,140

(1)

The advanced freight fee is the Company's prepayment made for various shipping costs for shipments from April to June 2020.

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Prepaid Expenses and Other Current Assets

9 Months Ended

Mar. 31, 2020

PREPAID EXPENSES AND OTHER ASSETS

Note 6. PREPAID EXPENSES AND OTHER CURRENT ASSETS

The Company's prepaid expenses and other assets are as follows:

	March 31,			June 30,
	2020			2019
Prepaid income taxes	$	48,924		$	35,129
Other (including prepaid insurance, rent, listing fees)		115,700			69,925
Deposit for ERP (1)		-			218,678
Prepaid leasing and service fees (2)		75,206			300,825
Total		239,830			624,557
Less: current portion		(239,830	)		(105,054	)
Total noncurrent portion	$	-		$	519,503

(1)

On December 27, 2017, with the approval of the Board, the Company signed a contract with Tianjin Anboweiye Technology Ltd Co. ("Tianjin Anboweiye"), to develop a more complete ERP system based on the Company's existing operations and projected future growth. In March 2018, the Company paid a deposit to start phase one of the development which includes upgraded accounting and human resources modules, new order processing and customer relationship management system. The Company paid a $437,357 deposit to Tianjin Anboweiye. The total contract price for phase one amounted to RMB 4,000,000, approximately $583,000. For the year ended June 30, 2019, the Company utilized $218,679 of software development costs incurred during the preliminary project stage, which included planning and determining the functionality of the software. The Company integrated the shipping agencies business with the current ERP platform and the first phase of the ERP system was placed in use in July 2019 and to be amortized over three years (See Note 9). As of March 31, 2020, all executed portion of the contract has been fully paid. On March 31, 2020, the Company and the vendor agreed to terminate the unexecuted portions of the contract, as such, no payable nor contractual obligation existed as of March 31, 2020.

(2)

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Other Long-Term Assets - Deposits

9 Months Ended

Mar. 31, 2020

Other Long Term Assets Deposits [Abstract]

OTHER LONG-TERM ASSETS - DEPOSITS

Note 7. OTHER LONG-TERM ASSETS - DEPOSITS

The Company's other long-term assets – deposits are as follows:

	March 31,		June 30,
	2020		2019
Rental and utilities deposits	$	52,517	$	60,435
Freight logistics deposits (1)		2,904,285		2,994,271
Total other long-term assets - deposits	$	2,956,802	$	3,054,706

(1)

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Property and Equipment, Net

9 Months Ended

Mar. 31, 2020

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

Note 8. PROPERTY AND EQUIPMENT, NET

The Company's net property and equipment as follows:

	March 31,			June 30,
	2020			2019
Buildings	$	190,121		$	196,050
Motor vehicles*		515,870			700,724
Computer equipment*		96,677			162,865
Office equipment*		43,496			69,278
Furniture and fixtures*		71,548			167,143
System software*		107,686			116,339
Leasehold improvements		785,103			807,078

Total		1,810,501			2,219,477

Less: Accumulated depreciation and amortization		(1,221,987	)		(1,229,567	)

Property and equipment, net	$	588,514		$	989,910

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Intangible Assets, Net

9 Months Ended

Mar. 31, 2020

Intangible Assets, Net [Abstract]

INTANGIBLE ASSETS, NET

Note 9. INTANGIBLE ASSETS, NET

Net intangible assets consisted of the following:

	March 31,			June 30,
	2020			2019
Full service logistics platforms	$	190,000		$	190,000
Less: Accumulated amortization		(147,778	)		(100,278	)
Intangible assets, net	$	42,222		$	89,722

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Leases

9 Months Ended

Mar. 31, 2020

Leases [Abstract]

LEASES

Note 10. LEASES

The Company determines if a contract contains a lease at inception. US GAAP requires that the Company's leases be evaluated and classified as operating or finance leases for financial reporting purposes. The classification evaluation begins at the commencement date and the lease term used in the evaluation includes the non-cancellable period for which the Company has the right to use the underlying asset, together with renewal option periods when the exercise of the renewal option is reasonably certain and failure to exercise such option which result in an economic penalty. All of the Company's leases are classified as operating leases.

The Company's lease agreements do not contain any material residual value guarantees or material restrictive covenants. The leases generally do not contain options to extend at the time of expiration and the weighted average remaining lease terms are 2.17 years.

The three-year maturity of the Company's lease obligations is presented below:

Twelve Months Ending March 31,	Operating Lease Amount

2021	$	180,912
2022		153,185
2023		36,764
Total lease payments		370,861
Less: Interest		(37,176	)
Present value of lease liabilities	$	333,685

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Equity

9 Months Ended

Mar. 31, 2020

Equity [Abstract]

EQUITY

Note 11. EQUITY

Stock issuance:

The Company's outstanding 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 $881,750 is valued based on the Black-Scholes-Merton model and is recorded as additional paid-in capital from common stock based on the relative fair value of proceeds received using the following assumptions:

	Series A
Annual dividend yield		-
Expected life (years)		5.5
Risk-free interest rate		2.72	%
Expected volatility		110.31	%

Following is a summary of the status of warrants outstanding and exercisable as of March 31, 2020:

	Shares		Weighted Average Exercise Price

Warrants outstanding, as of June 30, 2019		2,000,000	$	1.75
Issued		-		-
Exercised		-		-
Expired		-		-

Warrants outstanding, as of March 31, 2020		2,000,000	$	1.75

Warrants exercisable, as of March 31, 2020		2,000,000	$	1.75

Warrants Outstanding		Warrants Exercisable				Weighted Average Exercise Price				Average Remaining Contractual Life
2018 Series A, 2,000,000			2,000,000			$	1.75			3.45 years

On November 13, 2019, the Company entered into a cooperation agreement with Shanming Liang, a director of Guangxi Jinqiao Industrial Group Co., Ltd., to cooperate and expand the bulk cargo container services business. Shanming Liang agreed to purchase 1,000,000 shares of the Company's common stock at a purchase price of $1.00 per share for aggregate proceeds of $1 million. The Company and Mr. Liang further entered into a Share Purchase Agreement on November 14, 2019 to memorialize the transaction aforementioned. Pursuant to the aforementioned agreement, the Company received proceeds of $885,946 in the second and third quarters of fiscal year 2020. On April 23, 2020, the Company received proceeds of $50,000. The rest of the payment is expected to receive by the end of the last quarter of fiscal year 2020.

On December 9, 2019, the Company authorized the cancellation of the 175,497 of the Company's treasury shares. The shares were cancelled as of March 31, 2020. The cancellation has no effect on the Company's total shareholders' equity and earnings per share.

Stock based compensation:

On September 21, 2018, the Company issued 430,000 shares of common stock valued at $1.10 per share on the grant date with an aggregated fair value of $473,000 under the 2014 Stock Incentive Plan (the "Plan") to three employees, vesting immediately. The Company recorded compensation expense of $0 and $473,000 for the three and nine months ended March 31, 2019, respectively.

On November 7, 2018, the Board of the Company approved the issuance of 50,000 shares of restricted common stock to a consultant pursuant to an existing consulting agreement. The scope of services primarily covers advising on business development, strategic planning and corporate finance. The grant's fair value of approximately $65,000 was amortized during the remaining service period from November 3, 2018 to May 2, 2019. The Company recorded compensation expense of $32,500 and $54,167 for the three and nine months ended March 31, 2019.

On December 31, 2018, the Board of the Company and the Compensation Committee of the Board (the "Committee") approved (i) an increase in the annual salaries of Lei Cao, Chief Executive Officer, Tuo Pan, acting Chief Financial Officer, and Zhikang Huang, Chief Operating Officer (the "C-Level Executives"), effective January 1, 2019, and (ii) a one-time award of a total of 950,000 of the common stock from the shares reserved under the Company's 2014 Stock Incentive Plan (the "Plan") to the C-Level Executives, Chief Technology Officer, Yafei Li and the following members of the Board, effective December 31, 2018, for their valuable contributions to the Company in fiscal 2018: Jing Wang, Tieliang Liu and Bradley A. Haneberg. The Committee recommended and the Board determined to make the following stock grants under the Plan: (i) Chief Executive Officer, Lei Cao, is entitled to a one-time stock award grant of 400,000 shares, (ii) acting Chief Financial Officer, Tuo Pan, is entitled to a one-time stock award grant of 140,000 shares, (iii) Chief Operating Officer, Zhikang Huang, is entitled to a one-time stock award grant of 180,000 shares, (iv) Chief Technology Officer, Yafei Li is entitled to a one-time stock award grant of 80,000 shares, (v) Board member Jing Wang is entitled to a one-time stock award grant of 50,000 shares, (vi) Board member Tieliang Liu is entitled to a one-time stock award grant of 50,000 shares and (vii) Board member Bradley A. Haneberg is entitled to a one-time stock award grant of 50,000 shares. The Company recorded compensation expense of $0 and $731,500 for the three and nine months ended March 31, 2019.

Included in a Board resolution dated January 30, 2016, the Company's CEO is authorized to grant to the employees up to one million shares under the Plan. On July 22, 2019, the Company granted 90,000 shares of restricted common stock valued at $0.70 per share on the grant date with an aggregated fair value of $63,000 under the Plan to one employee, vesting immediately. The Company recorded compensation expense of $0 and $63,000 for the three and nine months ended March 31, 2020, respectively.

Stock Options:

A summary of the outstanding options is presented in the table below:

	Options		Weighted Average Exercise Price

Options outstanding, as of June 30, 2019		85,000	$	1.21
Granted		-		-
Exercised		-		-
Cancelled, forfeited or expired		-		-

Options outstanding, as of March 31, 2020		85,000	$	1.21

Options exercisable, as of March 31, 2020		85,000	$	1.21

Following is a summary of the status of options outstanding and exercisable at March 31, 2020:

Outstanding Options					Exercisable Options
Exercise Price		Number		Average Remaining Contractual Life	Average Exercise Price		Number		Average Remaining Contractual Life
$	2.01		10,000	2.84 years	$	2.01		10,000	2.84 years
$	1.10		75,000	1.32 years	$	1.10		75,000	1.32 years
			85,000					85,000

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Non-Controlling Interest

9 Months Ended

Mar. 31, 2020

Noncontrolling Interest [Abstract]

NON-CONTROLLING INTEREST

Note 12. NON-CONTROLLING INTEREST

The Company's non-controlling interest consists of the following:

	March 31,			June 30,
	2020			2019
Sino-China:
Original paid-in capital	$	356,400		$	356,400
Additional paid-in capital		1,044			1,044
Accumulated other comprehensive income		384,725			268,297
Accumulated deficit		(6,195,826	)		(6,066,145	)
		(5,453,657	)		(5,440,404	)
Trans Pacific Logistics Shanghai Ltd.		(70,658	)		266,782
Total	$	(5,524,315	)	$	(5,173,622	)

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Commitments and Contingencies

9 Months Ended

Mar. 31, 2020

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

Note 13. COMMITMENTS AND CONTINGENCIES

Contractual Obligations:

Contingencies

Sino-Global has employment agreements with each of Mr. Lei Cao, Ms. Tuo Pan and Mr. Zhikang Huang. These employment agreements provide for five-year terms that extend automatically in the absence of termination notice provided at least 60 days prior to the anniversary date of the agreement. If the Company fails to provide this notice or if the Company wishes to terminate an employment agreement in the absence of cause, then the Company is obligated to provide at least 30 days' prior notice. In such case during the initial term of the agreement, the Company would need to pay such executive (i) the remaining salary through the date of December 31, 2023, (ii) two times of the then applicable annual salary if there has been no Change in Control, as defined in the employment agreements or three-and-half times of the then applicable annual salary if there is a Change in Control.

On January 22, 2019, Nasdaq notified the Company that it did not comply with the minimum bid price of $1.00 per share (the "Minimum Bid Price") requirement in Listing Rule 5550(a)(2), and in accordance with Listing Rule 5810(c)(3)(A), was granted 180 calendar days, until July 22, 2019, to regain compliance. Subsequently, on July 23, 2019, the Company was provided an additional 180 calendar day compliance period, or until January 20, 2020, to demonstrate compliance. On January 21, 2020, the Company was notified of Nasdaq's delist determination as it had not regained compliance. On January 28, 2020, the Company requested a hearing, which was held on February 27, 2020. On March 10, 2020, the Company received a letter from Nasdaq stating that the Nasdaq Hearings Panel (the "Panel") granted an exception to permit the Company to demonstrate compliance on or before May 8, 2020.

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Income Taxes

9 Months Ended

Mar. 31, 2020

Income Tax Disclosure [Abstract]

INCOME TAXES

Note 14. INCOME TAXES

On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act ("CARES Act") was enacted and signed into law and includes, among other things, refundable payroll tax credits, deferment of employer side social security payments, net operating loss carryback periods and alternative minimum tax credit refunds. The Company does not at present expect the provisions of the CARES Act to have a material impact on its tax provision given the amount of net operating losses currently available.

The Company's income tax benefit (expenses) for the three and nine months ended March 31, 2020 and 2019 are as follows:

	For the three months Ended March 31						For the nine months Ended March 31
	2020			2019			2020			2019

Current
U.S.	$	-		$	1,191		$	-		$	(29,124	)
Hong Kong		-			(9,395	)		-			(10,276	)
PRC		(189,510	)		(328,163	)		(204,257	)		(595,980	)
		(189,510	)		(336,367	)		(204,257	)		(635,380	)
Deferred
U.S.		-			(220,700	)		-			(100,200	)
PRC		-			308,247			-			308,247
Total income tax benefit (expense)	$	(189,510	)	$	(248,820	)	$	(204,257	)	$	(427,333	)

The Company's deferred tax assets are comprised of the following:

	March 31, 2020			June 30, 2019
Allowance for doubtful accounts	$	1,185,000		$	1,121,000
Net operating loss		1,565,000			1,024,000
Total deferred tax assets		2,750,000			2,145,000
Valuation allowance		(2,750,000	)		(2,145,000	)
Deferred tax assets, net - long-term	$	-		$	-

The Company's operations in the U.S. incurred a cumulative NOL of approximately $3,781,000 as of June 30, 2019 which may reduce future federal taxable income. During the three and nine months ended March 31, 2020, approximately $512,000 and $1,977,000 of additional NOL was generated and the tax benefit derived from such NOL was approximately $107,000 and $415,000, respectively. As of March 31, 2020, the Company's cumulative NOL amounted to approximately $5,758,000 which may reduce future federal taxable income, of which approximately $1,400,000 will expire in 2037 and the remaining balance carried forward indefinitely.

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. Management considers new evidence, both positive and negative, that could affect the Company's future realization of 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. The Company determined that it is more likely than not its deferred tax assets could not be realized due to uncertainty on future earnings as a result of the deterioration of trade negotiation between US and China in 2019. The Company provided a 100% allowance for its DTA as of March 31, 2020. The net increase in valuation for the three and nine months ended March 31, 2020 amounted to approximately $150,000 and $605,000, respectively based on management's reassessment of the amount of the Company's deferred tax assets that are more likely than not to be realized.

The Company's taxes payable consists of the following:

	March 31,		June 30,
	2020		2019
VAT tax payable	$	1,032,755	$	1,045,513
Corporate income tax payable		2,193,923		2,075,248
Others		64,134		64,134
Total	$	3,290,812	$	3,184,895

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Concentrations

9 Months Ended

Mar. 31, 2020

Risks and Uncertainties [Abstract]

CONCENTRATIONS

Note 15. CONCENTRATIONS

Major Customers

For the three months ended March 31, 2020, two customers accounted for approximately 62.2% and 36.9% of the Company's revenues, respectively. For the three months ended March 31, 2019, three customers accounted for 61.9%, 14.7% and 11.6% of the Company's revenues, respectively.

For the nine months ended March 31, 2020, three customers accounted for approximately 40.0%, 29.1% and 28.3% of the Company's revenues, respectively. For the nine months ended March 31, 2019, three customers accounted for approximately 35.4%, 16.4% and 13.3% of the Company's revenues, respectively.

As of March 31, 2020, one customer accounted for approximately 85.9% of the Company's accounts receivable. As of March 31, 2019, three customers accounted for approximately 41.2% of the Company's accounts receivable.

Major Suppliers

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Segment Reporting

9 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

SEGMENT REPORTING

Note 16. 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 unaudited condensed consolidated 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) shipping agency and management services; (2) inland transportation management services; (3) freight logistics services and (4) container trucking services.

The following tables present summary information by segment for the three and nine months ended March 31, 2020 and 2019, respectively:

	For the Three Months Ended March 31, 2020
	Shipping Agency and Management Services			Inland Transportation Management Services			Freight Logistics Services			Container Trucking Services			Total
Revenues
- Related party	$	-		$	-		$	-		$	-		$	-
- Third parties	$	500,000		$	-		$	853,979	*	$	-		$	1,353,979
Total revenues	$	500,000		$	-		$	853,979		$	-		$	1,353,979
Cost of revenues	$	67,841		$	-		$	821,266	*	$	-		$	889,107
Gross profit	$	432,159		$	-		$	32,713		$	-		$	464,872
Depreciation and amortization	$	79,732		$	-		$	3,421		$	-		$	83,153
Total capital expenditures	$	-		$	-		$	-		$	-		$	-
Gross margin%		86.4	%		-	%		3.8	%		-	%		34.3	%

	For the Three Months Ended March 31, 2019
	Shipping Agency and Management Services			Inland Transportation Management Services			Freight Logistic Services			Container Trucking Services			Total
Revenues
- Related party	$	-		$	36,380		$	-		$	-		$	36,380
- Third parties	$	956,583		$	93,407		$	21,599,675		$	87,094		$	22,736,759
Total revenues	$	956,583		$	129,787		$	21,599,675		$	87,094		$	22,773,139
Cost of revenues	$	862,970		$	48,750		$	20,098,417		$	65,058		$	21,075,195
Gross profit	$	93,613		$	81,037		$	1,501,258		$	22,036		$	1,697,944
Depreciation and amortization	$	-		$	39,109		$	476		$	4,448		$	44,033
Total capital expenditures	$	-		$	-		$	125,806		$	8,317		$	134,123
Gross margin%		9.8	%		62.4	%		7.0	%		25.3	%		7.5	%

	For the Nine Months Ended March 31, 2020
	Shipping Agency and Management Services			Inland Transportation Management Services			Freight Logistics Services			Container Trucking Services			Total
Revenues
- Related party	$	-		$	-		$	-		$	-		$	-
- Third parties	$	1,500,000		$	-		$	3,599,620	*	$	61,709		$	5,161,329
Total revenues	$	1,500,000		$	-		$	3,599,620		$	61,709		$	5,161,329
Cost of revenues	$	230,248		$	-		$	2,042,595	*	$	55,313		$	2,328,156
Gross profit	$	1,269,752		$	-		$	1,557,025		$	6,396		$	2,833,173
Depreciation and amortization	$	261,648		$	-		$	7,704		$	50,920		$	320,272
Total capital expenditures	$	6,979		$	-		$	-		$	-		$	6,979
Gross margin%		84.7	%		-	%		43.3	%		10.4	%		54.9	%

For certain freight logistics contracts that the Company entered into with customers starting from first quarter of fiscal year 2020, the Company (i) acts as an agent in arranging the relationship between the customer and the third-party service provider and (ii) does not control the services rendered to the customers, revenues related to these contracts are presented net of related costs. For the nine months ended March 31, 2020, gross revenues and gross cost of revenues related to these contracts amounted to approximately $24.0 million and $22.5 million, respectively.

	For the Nine Months Ended March 31, 2019
	Shipping Agency and Management Services			Inland Transportation Management Services			Freight Logistic Services			Container Trucking Services			Total
Revenues
- Related party	$	-		$	433,380		$	-		$	-		$	433,380
- Third parties	$	1,845,653		$	1,036,407		$	36,066,151		$	406,368		$	39,354,579
Total revenues	$	1,845,653		$	1,469,787		$	36,066,151		$	406,368		$	39,787,959
Cost of revenues	$	1,672,010		$	128,624		$	32,562,075		$	352,915		$	34,715,624
Gross profit	$	173,643		$	1,341,163		$	3,504,076		$	53,453		$	5,072,335
Depreciation and amortization	$	-		$	79,935		$	1,427		$	13,951		$	95,313
Total capital expenditures	$	-		$	-		$	125,806		$	17,674		$	143,480
Gross margin%		9.4	%		91.2	%		9.7	%		13.2	%		12.7	%

Total assets as of:

	March 31,		June 30,
	2020		2019
Shipping Agency and Management Services	$	3,301,686	$	3,549,093
Freight Logistic Services		13,311,173		17,017,695
Container Trucking Services		25,225		32,215
Total Assets	$	16,638,084	$	20,599,003

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Related Party Transactions

9 Months Ended

Mar. 31, 2020

RELATED PARTY TRANSACTIONS

Note 17. RELATED PARTY TRANSACTIONS

As of March 31, 2020 and June 30, 2019, the outstanding amounts due from a related party consist of the following:

	March 31,			June 30,
	2020			2019
Tianjin Zhiyuan Investment Group Co., Ltd.	$	484,331		$	897,739
Less: allowance for doubtful accounts		(48,433	)		(89,774	)
Total	$	435,898		$	807,965

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Subsequent Events

9 Months Ended

Mar. 31, 2020

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

Note 18. SUBSEQUENT EVENTS

On April 6, 2020, the Company entered into a share purchase agreement (the "Agreement") with Mr. Kelin Wu (the "Seller") and Mandarine Ocean Ltd, a shipping company registered in the Marshall Islands ("Hanyang Shipping"), to acquire 75% of the capital stock of Hanyang Shipping held by the Seller for an aggregate consideration of up to $3.75 million to be paid in cash and the Company's restricted shares of common stock. The payments consist of the following: (a) the Company will issue an aggregate of 800,000 shares to the Seller within 30 days after this Agreement is signed and becomes effective. The exchange price of the 800,000 shares will be equal to the 2 times the volume weighted average price during the 10 consecutive trading days prior to and ending on the date agreement signed; (b) Up to $1.125 million in cash equivalent or restricted shares equivalent if Hanyang Shipping's audited net income before taxes reaches $1.5 million for the fiscal year ending June 30, 2021; and (c) Up to $2.625 million in cash equivalent or restricted shares equivalent (including 800,000 shares already paid in the previous period) if Hanyang Shipping's audited net income before taxes reaches $3.5 million for the fiscal year ending June 30, 2022. Pursuant to the agreement, if Hanyang Shipping could not achieve the results stated in (b) and (c), the Company shall withdraw and cancel the 800,000 restricted shares that have been issued to the Seller or not pay the Seller any additional cash or restricted shares.

On June 17, 2020, the parties entered into the First Amended and Restated Share Purchase Agreement (the "Amendment") to amend the purchase price to an aggregate consideration of up to $1.5 million and the Company's restricted shares. The amended purchase price consists of the following: (a) the Company will issue an aggregate of 800,000 shares to the Seller within 30 days after this Amendment is signed and becomes effective. The exchange price of the 800,000 shares will be equal to the 2 times the volume weighted average price during the 10 consecutive trading days prior to and ending on the date the agreement was signed; (b) Up to $0.5 million in cash equivalent or restricted shares equivalent if Hanyang Shipping's audited net income before taxes reaches $1.0 million for the fiscal year ending June 30, 2021; The specific payment schedule is as follows;

●

If the Hanyang Shipping's audited net income before taxes is less than $0.55 million, the Company shall withdraw and cancel the 800,000 restricted shares that have been issued to the seller;

●

If the Hanyang Shipping's audited net income before taxes exceeds $0.55 million but does not reach $0.65 million, the Company shall not pay the seller any additional cash or stock;

●

If the Hanyang Shipping's audited net income before taxes reaches or exceeds $0.65 million but does not reach $0.8 million, the price will be in cash or stock an equivalent of $0.25 million;

●

If the Hanyang Shipping's audited net income before taxes reaches or exceeds $0.8 million but does not reach $1.0 million, the price will be in cash or stock an equivalent of $0.35 million;

●

If the Hanyang Shipping's audited net income before taxes reaches or exceeds $1.0 million, the price will be in cash or stock that is equal $0.5 million;

and (c) Up to $1.0 million in cash equivalent or restricted shares equivalent (including 800,000 shares already paid in the previous period) if Hanyang Shipping's audited net income before taxes reaches $2.0 million for the fiscal year ending June 30, 2022. The specific payment schedule is as follows:

●

If Hanyang Shipping's audited net income before taxes is less than $1.0 million, the Company shall not pay the seller any cash or stock;

●

If Hanyang Shipping's audited net income before taxes reaches or exceeds $1.0 million but does not reach $1.15 million, the price will be $0.35 million in cash or stock (including 800,000 shares already paid in the previous period);

●

If Hanyang Shipping's audited net income before taxes reaches or exceeds $1.15 million but does not reach $1.45 million, the price will be $0.45 million in cash or stock (including 800,000 shares already paid in the previous period);

●

If Hanyang Shipping's audited net income before taxes reaches or exceeds $1.45 million but does not reach $1.7 million, the price will be $0.6 million in cash or stock (including 800,000 shares already paid in the previous period);

●

If Hanyang Shipping's audited net income before taxes reaches or exceeds $1.7 million but does not reach $2.0 million, the price will be $0.75 million in cash or stock (including 800,000 shares already paid in the previous period);

●

If Hanyang Shipping's audited net income before taxes reaches or exceeds $2.0 million, the price will be $1.0 million in cash or stock (including 800,000 shares paid previously).

On April 23, 2020, the Company received a gross proceeds of $50,000 related to the 1,000,000 shares of the Company's common stock issuance to Mr. Shanming Liang (see Note 11). The remaining the payment is expected to be received by the end of the first quarter of fiscal year 2021.

On May 11, 2020, the Company received loan proceeds in the amount of approximately $124,570 under the U.S. Small Business Administration ("SBA") Paycheck Protection Program ("PPP"). The PPP, established as part of the Coronavirus Aid, Relief and Economic Security Act ("CARES Act"), provides for loans to qualifying businesses for amounts up to 2.5 times of the average monthly payroll expenses of the qualifying business. The loans and accrued interest are forgivable after eight weeks as long as the borrower uses the loan proceeds for eligible purposes, including payroll, benefits, rent and utilities, and maintains its payroll levels. The loan forgiveness amount will be reduced for any Economic Injury Disaster Loan ("EIDL") advance that the Company receives. The amount of loan forgiveness will be further reduced if the borrower terminates employees or reduces salaries during the eight-week period. The Company intends to use the proceeds for purposes consistent with the PPP. While the Company currently believes that its use of the loan proceeds will meet the conditions for forgiveness of the loan and intends to file for loan forgiveness after eight weeks after receipt of loan proceeds, there can be no assurance that the full amount of the loan will be forgiven.

On May 26, 2020, the Company received an advance in the amount of $156,000 from under the SBA EIDL program administered by the SBA pursuant to the CARES Act. Such advance amount will reduce the Company's PPP loan forgiveness amount described above. In accordance with the requirements of the CARES Act, the Company will use proceeds from the SBA loans primarily for working capital to alleviate economic injury caused by disaster occurring in the month of January 31, 2020 and continuing thereafter. The SBA loans are scheduled to mature on May 22, 2050 and have a 3.75% interest rate and are subject to the terms and conditions applicable to loans administered by the SBA under the CARES Act. The monthly payable including principal and interest, of $731 commencing on May 22, 2021. The balance of principal and interest will be payable 30 years from the date of May 22, 2020.

On June 1, 2020, the Company entered into a general shipping agency service agreement ("service agreement") with Mr. Kelin Wu, the controller of Mandarine Bulk Ltd ("Mandarine Bulk") and Seller of Hanyang Shipping. Pursuance to the service agreement, Mandarine Bulk has appointed the Company as the sole general shipping agency for all its owned and operated ships with services including ship management services, shipping agency services, ship brokerage services and other services required for ship operation.

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Summary of Significant Accounting Policies (Policies)

9 Months Ended

Mar. 31, 2020

Accounting Policies [Abstract]

Basis of Presentation

(a) Basis of Presentation

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America ("US GAAP") for interim financial information pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC"). The unaudited condensed consolidated financial statements include the accounts of the Company and include the assets, liabilities, revenues and expenses of the subsidiaries and VIEs. All intercompany transactions and balances have been eliminated in consolidation. Interim results are not necessarily indicative of results to be expected for the full year. The information included in this Form 10-Q should be read in conjunction with the information included in the annual report on Form 10-K for the fiscal year ended June 30, 2019 filed on September 30, 2019.

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,
	2020		2019
Current assets:
Cash	$	5,072	$	11,691
Other receivables		299		309
Prepaid expenses and other current assets		-		4,474
Total current assets		5,371		16,474

Deposits		1,605		1,655
Property and equipment, net		44,459		95,765
Total assets	$	51,435	$	113,894

Current liabilities:
Other payables and accrued liabilities	$	39,835	$	30,175
Total liabilities	$	39,835	$	30,175

Fair Value of Financial Instruments

(b) Fair Value of Financial Instruments

Level 1 — Observable inputs such as unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date.

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

(c) Use of Estimates and Assumptions

Translation of Foreign Currency

(d) Translation of Foreign Currency

The exchange rates as of March 31, 2020 and June 30, 2019 and for the three and nine months ended March 31, 2020 and 2019 are as follows:

	March 31, 2020		June 30, 2019		Three months ended March 31,				Nine months ended March 31,
Foreign currency	Balance Sheet		Balance Sheet		2020 Profits/Loss		2019 Profits/Loss		2020 Profits/Loss		2019 Profits/Loss
RMB:1USD		7.0799		6.8657		6.9798		6.7499		7.0130		6.8229
AUD:1USD		1.6285		1.4238		1.5209		1.4031		1.4810		1.3885
HKD:1USD		7.7509		7.8130		7.7716		7.8461		7.8091		7.8402
CAD:1USD		1.4118		1.3092		1.3417		1.3291		1.3272		1.3192

Cash

(e) Cash

Notes receivable

(f) Notes receivable

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 generally considered past due after 180 days. The Company reserves 25%-50% of the customers balance aged between 181 days to 1 year, 50%-100% of the customers balance over 1 year and 100% of the customers balance over 2 years. Accounts receivable are written off against the allowances only after exhaustive collection efforts. As the Company has focused its development in the shipping management segment, its customer base will be more from smaller privately owned companies that will pay more timely than state owned companies. The Company also considers the economic implications of COVID-19 on its estimates of the allowance and made additional $3,121,416 and $4,428,108 of allowance for doubtful accounts and wrote off $3,255,938 of accounts receivable for the three and nine months ended March 31, 2020. There was no write off for three and nine months ended March 31, 2019. The Company recovered nil and $99,366 of accounts receivable for the three and nine months ended March 31, 2020. There was no recovery for three and nine months ended March 31, 2019.

Property and Equipment, net

(h) Property and Equipment, net

Buildings	20 years
Motor vehicles	3-10 years
Computer and office equipment	1-5 years
Furniture and fixtures	3-5 years
System software	5 years
Leasehold improvements	Shorter of lease term or useful lives

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:

Logistics platform

3 years

Revenue Recognition

(j) Revenue Recognition

The Company recognizes revenue which represents the transfer of goods and services to customers in an amount that reflects the consideration to which the Company expects to be entitled in such exchange. The Company identifies contractual performance obligations and determines whether revenue should be recognized at a point in time or over time, based on when control of goods and services transfers to a customer. The Company's revenue streams are recognized at a point in time.

The Company continues to derive its revenues from sales contracts with its customers with revenues being recognized upon performance of services. Persuasive evidence of an arrangement is demonstrated via sales contract and invoice; and the sales price to the customer is fixed upon acceptance of the sales contract and there is no separate sales rebate, discount, or other incentive. The Company's revenues are recognized at a point in time after all performance obligations are satisfied.

As of March 31, 2020, the Company had outstanding contracts amounting to approximately $1.4 million, all of which is expected to be completed within 3 months from March 31, 2020.

Revenues by segments:

	For the Three Months Ended				For the Nine Months Ended
	March 31,		March 31,		March 31,		March 31,
	2020		2019		2020		2019
Shipping and management agency services	$	500,000	$	956,583	$	1,500,000	$	1,845,653
Inland transportation management services		-		129,787		-		1,469,787
Freight logistics services		853,979		21,599,675		3,599,620		36,066,151
Container trucking services		-		87,094		61,709		406,368
Total	$	1,353,979	$	22,773,139	$	5,161,329	$	39,787,959

●

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.

Taxation

(k) Taxation

Income tax returns for the years prior to 2016 are no longer subject to examination by U.S. tax authorities.

PRC Enterprise Income Tax

PRC Value Added Taxes and Surcharges

In addition, under the PRC regulations, the Company's PRC subsidiaries and affiliates are required to pay the city construction tax (7%) and education surcharges (3%) based on the net VAT payments.

Earnings (loss) per Share

(l) Earnings (loss) per Share

For the three and nine months ended March 31, 2020 and 2019, there was no dilutive effect of potential shares of common stock of the Company because the Company generated a net loss.

Comprehensive Income (loss)

(m) Comprehensive Income (Loss)

Stock-based Compensation

(n) Stock-based Compensation

Valuations of stock based compensation 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

In March 2020, the World Health Organization declared the COVID-19 as a pandemic. Given the rapidly expanding nature of the COVID-19 pandemic, and because substantially all of the Company's business operations and our workforce are concentrated in China and United States, the Company's business, results of operations, and financial condition could be adversely affected for the rest of fiscal year 2020 and beyond.

Liquidity

(p) Liquidity

	●	the Company will continuously seek equity financing to support its working capital; On November 13, 2019, the Company entered into a cooperation agreement with Shanming Liang, a director of Guangxi Jinqiao Industrial Group Co., Ltd., to cooperate and expand the bulk cargo container services business. Shanming Liang agreed to purchase 1,000,000 shares of the Company's common stock at a purchase price of $1.00 per share for aggregate proceeds of $1.0 million pursuant to a stock purchase agreement dated November 14, 2019. The company received gross proceeds of $885,946 in the second and third quarters of fiscal year 2020. On April 23, 2020, the Company received additional proceeds of $50,000. The rest of the payment is expected to be received by the end of the first quarter of fiscal year 2021.

	●	other available sources of financing from PRC banks and other financial institutions; and

	●	financial support and credit guarantee commitments from the Company's shareholders and directors.

Recent Accounting Pronouncements

(q) Recent Accounting Pronouncements

Pronouncements adopted

On July 1, 2019, the Company adopted ASU 2018-07 where awards to nonemployees are measured by estimating the fair value of the equity instruments to be issued. The amendments specify that Topic 718 applies to all share-based payment transactions in which a grantor acquires goods or services to be used or consumed in a grantor's own operations by issuing share-based payment awards which superseded ASU 505-50. The ASU is required to be applied on a prospective basis to all new awards granted after the date of adoption. The Company adopted this ASU on July 1, 2019 and the adoption has no significant impact to the Company's unaudited condensed consolidated financial statements as a whole.

On July 13, 2017, the FASB issued ASU 2017-11, Earnings Per Share (Topic 260), Distinguishing Liabilities from Equity (Topic 480), Derivatives and Hedging (Topic 815): I. Accounting for Certain Financial Instruments with Down Round Features and II. Replacement of the Indefinite Deferral for Mandatorily Redeemable Financial Instruments of Certain Nonpublic Entities and Certain Mandatorily Redeemable Noncontrolling Interests with a Scope Exception. Part I applies to entities that issue financial instruments such as warrants, convertible debt or convertible preferred stock that contain down round features. Part II does not have accounting impact. The ASU is effective for the Company for annual and interim reporting periods beginning July 1, 2019. The Company adopted this ASU on July 1, 2019 and determined the adoption of this ASU did not have a material effect on the Company's unaudited condensed consolidated financial statements.

Pronouncements not yet adopted

In May 2019, the FASB issued ASU 2019-05, which is an update to ASU Update No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which introduced the expected credit losses methodology for the measurement of credit losses on financial assets measured at amortized cost basis, replacing the previous incurred loss methodology. The amendments in Update 2016-13 added Topic 326, Financial Instruments—Credit Losses, and made several consequential amendments to the Codification. Update 2016-13 also modified the accounting for available-for-sale debt securities, which must be individually assessed for credit losses when fair value is less than the amortized cost basis, in accordance with Subtopic 326-30, Financial Instruments— Credit Losses—Available-for-Sale Debt Securities. The amendments in this ASU address those stakeholders' concerns by providing an option to irrevocably elect the fair value option for certain financial assets previously measured at amortized cost basis. For those entities, the targeted transition relief will increase comparability of financial statement information by providing an option to align measurement methodologies for similar financial assets. Furthermore, the targeted transition relief also may reduce the costs for some entities to comply with the amendments in Update 2016-13 while still providing financial statement users with decision-useful information. In November 2019, the FASB issued ASU No. 2019-10, which to update the effective date of ASU No. 2016-13 for private companies, not-for-profit organizations and certain smaller reporting companies applying for credit losses standard. The new effective date for these preparers is for fiscal years beginning after July 1, 2023, including interim periods within those fiscal years. The Company has not early adopted this update and it will become effective on July 1, 2023 assuming the Company will remain eligible to be smaller reporting company. The Company is currently evaluating the impact of this new standard on Company's consolidated financial statements and related disclosures. The Company is currently evaluating the impact of this new standard on its unaudited condensed consolidated financial statements and related disclosures.

Reclassification

(r) Reclassification

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Summary of Significant Accounting Policies (Tables)

9 Months Ended

Mar. 31, 2020

Accounting Policies [Abstract]

Schedule of Sino-China's assets and liabilities

	March 31,		June 30,
	2020		2019
Current assets:
Cash	$	5,072	$	11,691
Other receivables		299		309
Prepaid expenses and other current assets		-		4,474
Total current assets		5,371		16,474

Deposits		1,605		1,655
Property and equipment, net		44,459		95,765
Total assets	$	51,435	$	113,894

Current liabilities:
Other payables and accrued liabilities	$	39,835	$	30,175
Total liabilities	$	39,835	$	30,175

Schedule of translation of foreign currency exchange rates

	March 31, 2020		June 30, 2019		Three months ended March 31,				Nine months ended March 31,
Foreign currency	Balance Sheet		Balance Sheet		2020 Profits/Loss		2019 Profits/Loss		2020 Profits/Loss		2019 Profits/Loss
RMB:1USD		7.0799		6.8657		6.9798		6.7499		7.0130		6.8229
AUD:1USD		1.6285		1.4238		1.5209		1.4031		1.4810		1.3885
HKD:1USD		7.7509		7.8130		7.7716		7.8461		7.8091		7.8402
CAD:1USD		1.4118		1.3092		1.3417		1.3291		1.3272		1.3192

Schedule of estimated useful lives

Buildings	20 years
Motor vehicles	3-10 years
Computer and office equipment	1-5 years
Furniture and fixtures	3-5 years
System software	5 years
Leasehold improvements	Shorter of lease term or useful lives

Schedule of intangible assets estimated useful lives

Logistics platform

3 years

Schedule of revenues by segments

	For the Three Months Ended				For the Nine Months Ended
	March 31,		March 31,		March 31,		March 31,
	2020		2019		2020		2019
Shipping and management agency services	$	500,000	$	956,583	$	1,500,000	$	1,845,653
Inland transportation management services		-		129,787		-		1,469,787
Freight logistics services		853,979		21,599,675		3,599,620		36,066,151
Container trucking services		-		87,094		61,709		406,368
Total	$	1,353,979	$	22,773,139	$	5,161,329	$	39,787,959

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Accounts Receivable, Net (Tables)

9 Months Ended

Mar. 31, 2020

Schedule of net accounts receivable

	March 31,			June 30,
	2020			2019
Trade accounts receivable	$	8,405,601		$	12,716,120
Less: allowances for doubtful accounts		(6,659,929	)		(5,670,274	)
Accounts receivable, net	$	1,745,672		$	7,045,846

Schedule of movement of allowance for doubtful accounts

	March 31, 2020			June 30, 2019
Beginning balance	$	5,670,274		$	1,682,228
Provision for doubtful accounts		4,428,108			4,091,056
Less: write-off/recovery		(3,355,304	)		(88,882	)
Exchange rate effect		(83,149	)		(14,128	)
Ending balance	$	6,659,929		$	5,670,274

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Other Receivables (Tables)

9 Months Ended

Mar. 31, 2020

Schedule of other receivables

	March 31,			June 30,
	2020			2019
Advances to customers*	$	9,983,979		$	4,237,270
Employee business advances		52,119			54,953
Security deposit		-			43,492
Total		10,036,098			4,335,715
Less: current portion		(6,486,140	)		(4,335,715	)
Total noncurrent portion	$	3,549,958		$	-

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Advances to Suppliers (Tables)

9 Months Ended

Mar. 31, 2020

Advances to Suppliers [Abstract]

Schedule of advances to suppliers - third parties

	March 31,		June 30,
	2020		2019
Freight fees (1)	$	112,037	$	123,767
Port fees		-		373
Total advances to suppliers-third parties	$	112,037	$	124,140

(1)

The advanced freight fee is the Company's prepayment made for various shipping costs for shipments from April to June 2020.

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Prepaid Expenses and Other Current Assets (Tables)

9 Months Ended

Mar. 31, 2020

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Schedule of prepaid expenses and other current assets

	March 31,			June 30,
	2020			2019
Prepaid income taxes	$	48,924		$	35,129
Other (including prepaid insurance, rent, listing fees)		115,700			69,925
Deposit for ERP (1)		-			218,678
Prepaid leasing and service fees (2)		75,206			300,825
Total		239,830			624,557
Less: current portion		(239,830	)		(105,054	)
Total noncurrent portion	$	-		$	519,503

(1)

(2)

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Other Long-Term Assets - Deposits (Tables)

9 Months Ended

Mar. 31, 2020

Other Long Term Assets Deposits [Abstract]

Schedule of other long - term assets- deposits

	March 31,		June 30,
	2020		2019
Rental and utilities deposits	$	52,517	$	60,435
Freight logistics deposits (1)		2,904,285		2,994,271
Total other long-term assets - deposits	$	2,956,802	$	3,054,706

(1)

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Property and Equipment, Net (Tables)

9 Months Ended

Mar. 31, 2020

Property, Plant and Equipment [Abstract]

Schedule of net property and equipment

	March 31,			June 30,
	2020			2019
Buildings	$	190,121		$	196,050
Motor vehicles*		515,870			700,724
Computer equipment*		96,677			162,865
Office equipment*		43,496			69,278
Furniture and fixtures*		71,548			167,143
System software*		107,686			116,339
Leasehold improvements		785,103			807,078

Total		1,810,501			2,219,477

Less: Accumulated depreciation and amortization		(1,221,987	)		(1,229,567	)

Property and equipment, net	$	588,514		$	989,910

*	For the three and nine months ended March 31, 2020, an impairment of nil and $127,177 were recorded, respectively due to continued decrease in revenues from the inland transportation management segment, no impairment was recorded for same period 2019.

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Intangible Assets, Net (Tables)

9 Months Ended

Mar. 31, 2020

Intangible Assets, Net [Abstract]

Schedule of intangible assets

	March 31,			June 30,
	2020			2019
Full service logistics platforms	$	190,000		$	190,000
Less: Accumulated amortization		(147,778	)		(100,278	)
Intangible assets, net	$	42,222		$	89,722

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Leases (Tables)

9 Months Ended

Mar. 31, 2020

Leases [Abstract]

Schedule of lease obligations

Twelve Months Ending March 31,	Operating Lease Amount

2021	$	180,912
2022		153,185
2023		36,764
Total lease payments		370,861
Less: Interest		(37,176	)
Present value of lease liabilities	$	333,685

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Equity (Tables)

9 Months Ended

Mar. 31, 2020

Equity [Abstract]

Schedule of additional paid-in capital from common stock based on relative fair value

	Series A
Annual dividend yield		-
Expected life (years)		5.5
Risk-free interest rate		2.72	%
Expected volatility		110.31	%

Schedule status of warrants outstanding and exercisable

	Shares		Weighted Average Exercise Price

Warrants outstanding, as of June 30, 2019		2,000,000	$	1.75
Issued		-		-
Exercised		-		-
Expired		-		-

Warrants outstanding, as of March 31, 2020		2,000,000	$	1.75

Warrants exercisable, as of March 31, 2020		2,000,000	$	1.75

Schedule of warants outstanding

Warrants Outstanding		Warrants Exercisable				Weighted Average Exercise Price				Average Remaining Contractual Life
2018 Series A, 2,000,000			2,000,000			$	1.75			3.45 years

Schedule of options

	Options		Weighted Average Exercise Price

Options outstanding, as of June 30, 2019		85,000	$	1.21
Granted		-		-
Exercised		-		-
Cancelled, forfeited or expired		-		-

Options outstanding, as of March 31, 2020		85,000	$	1.21

Options exercisable, as of March 31, 2020		85,000	$	1.21

Schedule of status of options outstanding and exercisable

Outstanding Options					Exercisable Options
Exercise Price		Number		Average Remaining Contractual Life	Average Exercise Price		Number		Average Remaining Contractual Life
$	2.01		10,000	2.84 years	$	2.01		10,000	2.84 years
$	1.10		75,000	1.32 years	$	1.10		75,000	1.32 years
			85,000					85,000

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Non-Controlling Interest (Tables)

9 Months Ended

Mar. 31, 2020

Noncontrolling Interest [Abstract]

Schedule of non-controlling interest

	March 31,			June 30,
	2020			2019
Sino-China:
Original paid-in capital	$	356,400		$	356,400
Additional paid-in capital		1,044			1,044
Accumulated other comprehensive income		384,725			268,297
Accumulated deficit		(6,195,826	)		(6,066,145	)
		(5,453,657	)		(5,440,404	)
Trans Pacific Logistics Shanghai Ltd.		(70,658	)		266,782
Total	$	(5,524,315	)	$	(5,173,622	)

XML 48 R37.htm IDEA: XBRL DOCUMENT

Income Taxes (Tables)

9 Months Ended

Mar. 31, 2020

Income Tax Disclosure [Abstract]

Schedule of income tax benefit (expense)

	For the three months Ended March 31						For the nine months Ended March 31
	2020			2019			2020			2019

Current
U.S.	$	-		$	1,191		$	-		$	(29,124	)
Hong Kong		-			(9,395	)		-			(10,276	)
PRC		(189,510	)		(328,163	)		(204,257	)		(595,980	)
		(189,510	)		(336,367	)		(204,257	)		(635,380	)
Deferred
U.S.		-			(220,700	)		-			(100,200	)
PRC		-			308,247			-			308,247
Total income tax benefit (expense)	$	(189,510	)	$	(248,820	)	$	(204,257	)	$	(427,333	)

Schedule of deferred tax assets

	March 31, 2020			June 30, 2019
Allowance for doubtful accounts	$	1,185,000		$	1,121,000
Net operating loss		1,565,000			1,024,000
Total deferred tax assets		2,750,000			2,145,000
Valuation allowance		(2,750,000	)		(2,145,000	)
Deferred tax assets, net - long-term	$	-		$	-

Schedule of income taxes payable

	March 31,		June 30,
	2020		2019
VAT tax payable	$	1,032,755	$	1,045,513
Corporate income tax payable		2,193,923		2,075,248
Others		64,134		64,134
Total	$	3,290,812	$	3,184,895

XML 49 R38.htm IDEA: XBRL DOCUMENT

Segment Reporting (Tables)

9 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Schedule of information by segment

	For the Three Months Ended March 31, 2020
	Shipping Agency and Management Services			Inland Transportation Management Services			Freight Logistics Services			Container Trucking Services			Total
Revenues
- Related party	$	-		$	-		$	-		$	-		$	-
- Third parties	$	500,000		$	-		$	853,979	*	$	-		$	1,353,979
Total revenues	$	500,000		$	-		$	853,979		$	-		$	1,353,979
Cost of revenues	$	67,841		$	-		$	821,266	*	$	-		$	889,107
Gross profit	$	432,159		$	-		$	32,713		$	-		$	464,872
Depreciation and amortization	$	79,732		$	-		$	3,421		$	-		$	83,153
Total capital expenditures	$	-		$	-		$	-		$	-		$	-
Gross margin%		86.4	%		-	%		3.8	%		-	%		34.3	%

	For the Three Months Ended March 31, 2019
	Shipping Agency and Management Services			Inland Transportation Management Services			Freight Logistic Services			Container Trucking Services			Total
Revenues
- Related party	$	-		$	36,380		$	-		$	-		$	36,380
- Third parties	$	956,583		$	93,407		$	21,599,675		$	87,094		$	22,736,759
Total revenues	$	956,583		$	129,787		$	21,599,675		$	87,094		$	22,773,139
Cost of revenues	$	862,970		$	48,750		$	20,098,417		$	65,058		$	21,075,195
Gross profit	$	93,613		$	81,037		$	1,501,258		$	22,036		$	1,697,944
Depreciation and amortization	$	-		$	39,109		$	476		$	4,448		$	44,033
Total capital expenditures	$	-		$	-		$	125,806		$	8,317		$	134,123
Gross margin%		9.8	%		62.4	%		7.0	%		25.3	%		7.5	%

	For the Nine Months Ended March 31, 2020
	Shipping Agency and Management Services			Inland Transportation Management Services			Freight Logistics Services			Container Trucking Services			Total
Revenues
- Related party	$	-		$	-		$	-		$	-		$	-
- Third parties	$	1,500,000		$	-		$	3,599,620	*	$	61,709		$	5,161,329
Total revenues	$	1,500,000		$	-		$	3,599,620		$	61,709		$	5,161,329
Cost of revenues	$	230,248		$	-		$	2,042,595	*	$	55,313		$	2,328,156
Gross profit	$	1,269,752		$	-		$	1,557,025		$	6,396		$	2,833,173
Depreciation and amortization	$	261,648		$	-		$	7,704		$	50,920		$	320,272
Total capital expenditures	$	6,979		$	-		$	-		$	-		$	6,979
Gross margin%		84.7	%		-	%		43.3	%		10.4	%		54.9	%

For certain freight logistics contracts that the Company entered into with customers starting from first quarter of fiscal year 2020, the Company (i) acts as an agent in arranging the relationship between the customer and the third-party service provider and (ii) does not control the services rendered to the customers, revenues related to these contracts are presented net of related costs. For the nine months ended March 31, 2020, gross revenues and gross cost of revenues related to these contracts amounted to approximately $24.0 million and $22.5 million, respectively.

	For the Nine Months Ended March 31, 2019
	Shipping Agency and Management Services			Inland Transportation Management Services			Freight Logistic Services			Container Trucking Services			Total
Revenues
- Related party	$	-		$	433,380		$	-		$	-		$	433,380
- Third parties	$	1,845,653		$	1,036,407		$	36,066,151		$	406,368		$	39,354,579
Total revenues	$	1,845,653		$	1,469,787		$	36,066,151		$	406,368		$	39,787,959
Cost of revenues	$	1,672,010		$	128,624		$	32,562,075		$	352,915		$	34,715,624
Gross profit	$	173,643		$	1,341,163		$	3,504,076		$	53,453		$	5,072,335
Depreciation and amortization	$	-		$	79,935		$	1,427		$	13,951		$	95,313
Total capital expenditures	$	-		$	-		$	125,806		$	17,674		$	143,480
Gross margin%		9.4	%		91.2	%		9.7	%		13.2	%		12.7	%

Schedule of segment reporting total assets

	March 31,		June 30,
	2020		2019
Shipping Agency and Management Services	$	3,301,686	$	3,549,093
Freight Logistic Services		13,311,173		17,017,695
Container Trucking Services		25,225		32,215
Total Assets	$	16,638,084	$	20,599,003

XML 50 R39.htm IDEA: XBRL DOCUMENT

Related Party Transactions (Tables)

9 Months Ended

Mar. 31, 2020

Schedule of outstanding amounts due from related party

	March 31,			June 30,
	2020			2019
Tianjin Zhiyuan Investment Group Co., Ltd.	$	484,331		$	897,739
Less: allowance for doubtful accounts		(48,433	)		(89,774	)
Total	$	435,898		$	807,965

XML 51 R40.htm IDEA: XBRL DOCUMENT

Organization and Nature of Business (Details)	Jan. 10, 2020	Nov. 06, 2019	Jul. 26, 2019	Apr. 10, 2019	Sep. 03, 2018
Organization and Nature of Business (Textual)
Ownership and joint venture equity, percentage	40.00%	90.00%		20.00%	51.00%
Sea Continent [Member]
Organization and Nature of Business (Textual)
Ownership and joint venture equity, percentage		80.00%
Minimum [Member]
Organization and Nature of Business (Textual)
Ownership and joint venture equity, percentage			20.00%
Maximum [Member]
Organization and Nature of Business (Textual)
Ownership and joint venture equity, percentage			90.00%

XML 52 R41.htm IDEA: XBRL DOCUMENT

Summary of Significant Accounting Policies (Details) - USD ($)	Mar. 31, 2020	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2018
Current assets
Cash	$ 143,112	$ 3,142,650	$ 3,523,907	$ 7,098,259
Other receivables	6,486,140	4,335,715
Prepaid expenses and other current assets	239,830	105,054
Total current assets	9,162,689	15,945,162
Property and equipment, net	588,514	989,910
Total assets	16,638,084	20,599,003
Current liabilities:
Total liabilities	5,814,716	5,239,233
Sino - China [Member]
Current assets
Cash	5,072	11,691
Other receivables	299	309
Prepaid expenses and other current assets		4,474
Total current assets	5,371	16,474
Deposits	1,605	1,655
Property and equipment, net	44,459	95,765
Total assets	51,435	113,894
Current liabilities:
Other payables and accrued liabilities	39,835	30,175
Total liabilities	$ 39,835	$ 30,175

XML 53 R42.htm IDEA: XBRL DOCUMENT

Summary of Significant Accounting Policies (Details 1)	3 Months Ended		9 Months Ended
Summary of Significant Accounting Policies (Details 1)	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019	Jun. 30, 2019
RMB:1USD [Member] \| Foreign currency [Member]
Schedule of translation of foreign currency exchange rates
Foreign currency, exchange rates, profit/loss	6.9798	6.7499	7.0130	6.8229
AUD:1USD [Member] \| Foreign currency [Member]
Schedule of translation of foreign currency exchange rates
Foreign currency, exchange rates, profit/loss	1.5209	1.4031	1.4810	1.3885
HKD:1USD [Member] \| Foreign currency [Member]
Schedule of translation of foreign currency exchange rates
Foreign currency, exchange rates, profit/loss	7.7716	7.8461	7.8091	7.8402
CAD:1USD [Member] \| Foreign currency [Member]
Schedule of translation of foreign currency exchange rates
Foreign currency, exchange rates, profit/loss	1.3417	1.3291	1.3272	1.3192
Balance Sheet [Member] \| RMB:1USD [Member]
Schedule of translation of foreign currency exchange rates
Foreign currency, exchange rates, balance sheet	7.0799		7.0799		6.8657
Balance Sheet [Member] \| AUD:1USD [Member]
Schedule of translation of foreign currency exchange rates
Foreign currency, exchange rates, balance sheet	1.6285		1.6285		1.4238
Balance Sheet [Member] \| HKD:1USD [Member]
Schedule of translation of foreign currency exchange rates
Foreign currency, exchange rates, balance sheet	7.7509		7.7509		7.8130
Balance Sheet [Member] \| CAD:1USD [Member]
Schedule of translation of foreign currency exchange rates
Foreign currency, exchange rates, balance sheet	1.4118		1.4118		1.3092

XML 54 R43.htm IDEA: XBRL DOCUMENT

Summary of Significant Accounting Policies (Details 2)	3 Months Ended
Summary of Significant Accounting Policies (Details 2)	Mar. 31, 2020
Buildings [Member]
Schedule of estimated useful lives
Estimated useful lives for property and equipment, net	20 years
Motor vehicles [Member] \| Maximum [Member]
Schedule of estimated useful lives
Estimated useful lives for property and equipment, net	10 years
Motor vehicles [Member] \| Minimum [Member]
Schedule of estimated useful lives
Estimated useful lives for property and equipment, net	3 years
Computer and office equipment \| Maximum [Member]
Schedule of estimated useful lives
Estimated useful lives for property and equipment, net	5 years
Computer and office equipment \| Minimum [Member]
Schedule of estimated useful lives
Estimated useful lives for property and equipment, net	1 year
Furniture and fixtures [Member] \| Maximum [Member]
Schedule of estimated useful lives
Estimated useful lives for property and equipment, net	5 years
Furniture and fixtures [Member] \| Minimum [Member]
Schedule of estimated useful lives
Estimated useful lives for property and equipment, net	3 years
System software [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 lives

XML 55 R44.htm IDEA: XBRL DOCUMENT

Summary of Significant Accounting Policies (Details 3)	3 Months Ended
Summary of Significant Accounting Policies (Details 3)	Mar. 31, 2020
Logistics platform [Member]
Finite-lived intangible asset, useful life	3 years

XML 56 R45.htm IDEA: XBRL DOCUMENT

Summary of Significant Accounting Policies (Details 4) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Accounting Policies [Abstract]
Shipping and management agency services	$ 500,000	$ 956,583	$ 1,500,000	$ 1,845,653
Inland transportation management services		129,787		1,469,787
Freight logistics services	853,979	21,599,675	3,599,620	36,066,151
Container trucking services		87,094	61,709	406,368
Total	$ 1,353,979	$ 22,773,139	$ 5,161,329	$ 39,787,959

XML 57 R46.htm IDEA: XBRL DOCUMENT

Summary of Significant Accounting Policies (Details Textual)		3 Months Ended				6 Months Ended	9 Months Ended
	Nov. 13, 2019 USD ($) $ / shares shares	Mar. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)	Mar. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)	Dec. 31, 2020 USD ($)	Mar. 31, 2020 USD ($) shares	Mar. 31, 2019 USD ($)	Mar. 31, 2020 CNY (¥)	Jun. 30, 2019 USD ($)
Summary of Significant Accounting Policies (Textual)
Cash balance at U.S. financial institutions, not insured by the FDIC		$ 42,189					$ 42,189			$ 2,923,972
Cash balance at U.S. financial institutions, FDIC insured amount		4,705					4,705			122,017
Insured each depositor at one bank		70,000					$ 70,000
VAT rate, description							The Company is subject to value added tax (“VAT”). Revenue from services provided by the Company’s PRC subsidiaries and affiliates, including Sino-China and Trans Pacific are subject to VAT at rates ranging from 9% to 13%.
Percentage of construction taxes							7.00%
Percentage of education surcharges							3.00%
Unexercised options included in the computation of diluted earnings per share \| shares
Percentage of income tax							25.00%
Compensation expenses, description							The Hong Kong Deposit Protection Board pays compensation up to a limit of HKD $500,000 (approximately $64,000) if the bank with which an individual/a company holds its eligible deposit fails. As of March 31, 2020 and June 30, 2019, cash balances of $865 and $4,386, respectively, were maintained at financial institutions in Hong Kong and were insured by the Hong Kong Deposit Protection Board. As of March 31, 2020 and June 30, 2019, amount of deposits the Company had covered by insurance amounted to $96,313 and $198,165, respectively.
Outstanding contracts							$ 1,400,000
Wrote off other receivables							1,763
Additional operating liabilities		400,000					$ 400,000
Description of receivables and allowance for doubtful accounts							The Company reserves 25%-50% of the customers balance aged between 181 days to 1 year, 50%-100% of the customers balance over 1 year and 100% of the customers balance over 2 years.
Impairment							$ 127,177
Impairment of intangible assets							200,455
Gross revenue		2,000,000					24,000,000
Gross cost of revenue		2,000,000					22,500,000
Working capital		3,500,000					3,500,000
Cash		$ 100,000					$ 100,000
Weighted average discount rate		9.12%					9.12%		9.12%
Accounts receivable		$ 3,255,938	22,869				$ 3,255,938
Write off accounts receivable
Aggregate gross proceeds							$ 885,946	500,000
Going concern, description							1) the Company’s recurring losses from operations, including approximately $5.9 million net loss attributable to the Company’s stockholders for the nine months ended March 31, 2020, 2) accumulated deficit of approximately $12.8 million as of March 31, 2020, and 3) has negative operating cash flows of approximately $3.6 million for the nine months ended March 31, 2020. All of these factors raise substantial doubt about the ability of the Company to continue as a going concern.
Allowance for doutfull aaccounts		3,121,416		$ 4,428,108			$ 3,121,416	$ 4,428,108
Subsequent Event [Member]
Summary of Significant Accounting Policies (Textual)
Aggregate gross proceeds						$ 500,500
Shanming Liang [Member]
Summary of Significant Accounting Policies (Textual)
Purchase of common stock \| shares	1,000,000
Purchase price per share \| $ / shares	$ 1.00
Aggregate proceeds	$ 1,000,000
Sino - China [Member]
Summary of Significant Accounting Policies (Textual)
Percentage of net income							90.00%
RMB [Member]
Summary of Significant Accounting Policies (Textual)
Insured each depositor at one bank \| ¥									¥ 500,000
PRC [Member]
Summary of Significant Accounting Policies (Textual)
Cash balance at U.S. financial institutions, not insured by the FDIC		$ 131,676					$ 131,676			$ 2,993,913

XML 58 R47.htm IDEA: XBRL DOCUMENT

Accounts Receivable, Net (Details) - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Receivables [Abstract]
Trade accounts receivable	$ 8,405,601	$ 12,716,120
Less: allowances for doubtful accounts	(6,659,929)	(5,670,274)
Accounts receivable, net	$ 1,745,672	$ 7,045,846

XML 59 R48.htm IDEA: XBRL DOCUMENT

Accounts Receivable, Net (Details 1) - USD ($)	9 Months Ended
Accounts Receivable, Net (Details 1) - USD ($)	Mar. 30, 2020	Mar. 30, 2019
Receivables [Abstract]
Beginning balance	$ 5,670,274	$ 1,682,228
Provision for doubtful accounts	4,428,108	4,091,056
Less: write-off/recovery	(3,355,304)	(88,882)
Exchange rate effect	(83,149)	(14,128)
Ending balance	$ 6,659,929	$ 5,670,274

XML 60 R49.htm IDEA: XBRL DOCUMENT

Accounts Receivable, Net (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
Accounts Receivable, Net (Details Textual) - USD ($)	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Accounts Receivable, Net (Textual)
Provision for doubtful accounts	$ 3,121,416	$ 1,583,965	$ 4,289,170	$ 2,871,752
Accounts receivable		$ 3,255,938	$ 99,366	$ 3,255,938

XML 61 R50.htm IDEA: XBRL DOCUMENT

Other Receivables (Details) - USD ($)

Mar. 31, 2020

Jun. 30, 2019

Other Receivables

Advances to customers

^[1]

$ 10,216,897

$ 4,237,270

Employee business advances

99,331

54,953

Security deposit

43,492

Total advances to suppliers-third parties

3,549,958

4,335,715

Less: current portion

6,486,140

4,335,715

Total noncurrent portion

$ 3,549,958

[1]

XML 62 R51.htm IDEA: XBRL DOCUMENT

Advances to Suppliers (Details) - USD ($)

Mar. 31, 2020

Jun. 30, 2019

Schedule of advances to suppliers

Freight fees

^[1]

$ 112,037

$ 123,767

Port fees

373

$ 112,037

$ 124,140

[1]	The advanced freight fee is the Company's prepayment made for various shipping costs for shipments from April to June 2020.

XML 63 R52.htm IDEA: XBRL DOCUMENT

Prepaid Expenses and Other Current Assets (Details) - USD ($)

Mar. 31, 2020

Jun. 30, 2019

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Prepaid income taxes

$ 48,924

$ 35,129

Other (including prepaid insurance, rent, listing fees)

115,700

69,925

Deposit for ERP

^[1]

218,678

Prepaid leasing and service fees

^[2]

75,206

300,825

Other Long Term Assets Deposits [Abstract]

239,830

624,557

Less: current portion

(239,830)

(105,054)

Total noncurrent portion

$ 519,503

[1]

[2]

XML 64 R53.htm IDEA: XBRL DOCUMENT

Prepaid Expenses and Other Current Assets (Details Textual) - USD ($)		12 Months Ended
	Jun. 22, 2018	Jun. 30, 2019	Dec. 27, 2017
Prepaid Expenses and Other Current Assets (Textual)
Paid of deposits	$ 1,000,000
Deposit to Tianjin Anboweiye			$ 437,357
Total contract price			583,000
Total contract for services	$ 1,200,000
IT infrastructure contract, description	The consideration is allocated as follows: $420,000 for operating hardware leasing of twelve months; $480,000 for onsite services and IT consulting for a two-year period; $60,000 for operating system set up and $240,000 for continuing integration with the ERP system and data management for two years. For the three months ended March 31, 2020, the Company incurred $50,137 in IT for consulting costs, and $25,069 for continuing integration of the ERP system and data management costs. For the nine months ended March 31, 2020, the Company incurred $150,412 in IT for consulting costs, and $75,206 for continuing integration of the ERP system and data management costs.
Software development cost		$ 218,679
RMB [Member]
Prepaid Expenses and Other Current Assets (Textual)
Total contract price			$ 4,000,000

XML 65 R54.htm IDEA: XBRL DOCUMENT

Other Long-Term Assets - Deposits (Details) - USD ($)

Mar. 31, 2020

Jun. 30, 2019

Rental and utilities deposits

$ 52,517

$ 60,435

Freight logistics deposits

^[1]

2,904,285

2,994,271

Total other long-term assets - deposits

$ 2,956,802

$ 3,054,706

[1]

XML 66 R55.htm IDEA: XBRL DOCUMENT

Other Long-Term Assets - Deposits (Details Textual) - 9 months ended Mar. 31, 2020	USD ($)	CNY (¥)
Other Long-Term Assets - Deposits (Textual)
Deposits are refundable amount \| $	$ 2,800,000
RMB [Member]
Other Long-Term Assets - Deposits (Textual)
Deposits are refundable amount \| ¥		¥ 20,000,000

XML 67 R56.htm IDEA: XBRL DOCUMENT

Property and Equipment, Net (Details) - USD ($)

Mar. 31, 2020

Jun. 30, 2019

Less: Accumulated depreciation and amortization

$ 1,810,501

$ 2,219,477

(1,221,987)

(1,229,567)

Property and equipment, net

588,514

989,910

Buildings [Member]

190,121

196,050

Motor vehicles [Member]

Computer equipment [Member]

^[1]

515,870

700,724

Office equipment [Member]

^[1]

96,677

162,865

Furniture and fixtures [Member]

^[1]

43,496

69,278

^[1]

71,548

167,143

System software [Member]

Leasehold improvements [Member]

^[1]

107,686

116,339

$ 785,103

$ 807,078

[1]	For the three and nine months ended March 31, 2020, an impairment of nil and $127,177 were recorded, respectively due to continued decrease in revenues from the inland transportation management segment, no impairment was recorded for same period 2019.

XML 68 R57.htm IDEA: XBRL DOCUMENT

Property and Equipment, Net (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
Property and Equipment, Net (Details Textual) - USD ($)	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Property and Equipment, Net (Textual)
Depreciation and amortization expense	$ 67,320	$ 28,200	$ 254,549	$ 47,813
Impairment			$ 127,177

XML 69 R58.htm IDEA: XBRL DOCUMENT

Intangible Assets, Net (Details) - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Intangible Assets, Net [Abstract]
Full service logistics platforms	$ 190,000	$ 190,000
Less: Accumulated amortization	(147,778)	(100,278)
Intangible assets, net	$ 42,222	$ 89,722

XML 70 R59.htm IDEA: XBRL DOCUMENT

Intangible Assets, Net (Details Textual) - USD ($)	3 Months Ended			9 Months Ended
Intangible Assets, Net (Details Textual) - USD ($)	Mar. 31, 2020	Dec. 31, 2019	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Intangible Assets, Net (Textual)
Amortization expenses of intangible assets	$ 15,833		$ 15,833	$ 65,723	$ 47,500
Impairment of intangible assets				$ 200,455

XML 71 R60.htm IDEA: XBRL DOCUMENT

Leases (Details)	Mar. 31, 2020 USD ($)
Leases [Abstract]
2021	$ 180,912
2022	153,185
2023	36,764
Total lease payments	370,861
Less: Interest	(37,176)
Present value of lease liabilities	$ 333,685

XML 72 R61.htm IDEA: XBRL DOCUMENT

Leases (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
Leases (Details Textual) - USD ($)	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019	Jun. 30, 2019
Leases (Textual)
Lease liability	$ 300,000		$ 300,000
Weighted average discount rate	9.12%		9.12%
lease liabilities current portion	$ 156,190		$ 156,190
lease liabilities noncurrent portion	177,495		177,495
Rent expenses	$ 65,000	$ 58,000	223,000	$ 171,000
Expiration term	2 years 2 months 1 day
Right-of-use assets	$ 337,899		337,899
Lease labilities	$ 333,685		$ 333,685

XML 73 R62.htm IDEA: XBRL DOCUMENT

Equity (Details) - Series A [Member]	9 Months Ended
Equity (Details) - Series A [Member]	Mar. 31, 2020
Auction Market Preferred Securities, Stock Series [Line Items]
Annual dividend yield
Expected life (years)	5 years 6 months
Risk-free interest rate	2.72%
Expected volatility	110.31%

XML 74 R63.htm IDEA: XBRL DOCUMENT

Equity (Details 1) - Warrant [Member]	9 Months Ended
Equity (Details 1) - Warrant [Member]	Mar. 31, 2020 $ / shares shares
Shares
Warrants outstanding, beginning balance \| shares	2,000,000
Issued \| shares
Exercised \| shares
Expired \| shares
Warrants outstanding, ending balance \| shares	2,000,000
Warrants exercisable \| shares	2,000,000
Weighted Average Exercise Price
Warrants outstanding, weighted average exercise price, beginning balance \| $ / shares	$ 1.75
Issued \| $ / shares
Exercised \| $ / shares
Expired \| $ / shares
Warrants outstanding, weighted average exercise price, ending balance \| $ / shares	1.75
Warrants exercisable, weighted average exercise price \| $ / shares	$ 1.75

XML 75 R64.htm IDEA: XBRL DOCUMENT

Equity (Details 2) - Series A [Member]	9 Months Ended
Equity (Details 2) - Series A [Member]	Mar. 31, 2020 $ / shares shares
Warrants Exercisable \| shares	2,000,000
Weighted Average Exercise Price \| $ / shares	$ 1.75
Average Remaining Contractual Life	3 years 8 months 12 days

XML 76 R65.htm IDEA: XBRL DOCUMENT

Equity (Details 3) - Stock Option [Member]	9 Months Ended
Equity (Details 3) - Stock Option [Member]	Mar. 31, 2020 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Options outstanding, Beginning \| shares	85,000
Shares, Granted \| shares
Shares, Exercised \| shares
Shares, Cancelled, forfeited or expired \| shares
Shares, Options outstanding, Ending \| shares	85,000
Shares, Options exercisable \| shares	85,000
Weighted Average Exercise Price, Options outstanding, Beginning \| $ / shares	$ 1.21
Weighted Average Exercise Price, Granted \| $ / shares
Weighted Average Exercise Price, Exercised \| $ / shares
Weighted Average Exercise Price, Cancelled, forfeited or expired \| $ / shares
Weighted Average Exercise Price, Options outstanding, Ending \| $ / shares	1.21
Weighted Average Exercise Price, Options exercisable \| $ / shares	$ 1.21

XML 77 R66.htm IDEA: XBRL DOCUMENT

Equity (Details 4) - Equity Option [Member] - $ / shares	9 Months Ended
	Mar. 31, 2020	Jun. 30, 2019
Outstanding Options, Exercise Price	$ 1.21	$ 1.21
Outstanding Options, Number	85,000	85,000
Exercisable Options, Average Exercise Price	$ 1.21
Exercisable Options, Number	85,000
Exercise Price Range One [Member]
Outstanding Options, Exercise Price	$ 2.01
Outstanding Options, Number	10,000
Outstanding Options, Average Remaining Contractual Life	2 years 10 months 3 days
Exercisable Options, Average Exercise Price	$ 2.01
Exercisable Options, Number	10,000
Exercisable Options, Average Remaining Contractual Life	2 years 10 months 3 days
Exercise Price Range Two [Member]
Outstanding Options, Exercise Price	$ 1.10
Outstanding Options, Number	75,000
Outstanding Options, Average Remaining Contractual Life	1 year 3 months 26 days
Exercisable Options, Average Exercise Price	$ 1.10
Exercisable Options, Number	75,000
Exercisable Options, Average Remaining Contractual Life	1 year 3 months 26 days

XML 78 R67.htm IDEA: XBRL DOCUMENT

Equity (Details Textual) - USD ($)										1 Months Ended								3 Months Ended		6 Months Ended			9 Months Ended
Equity (Details Textual) - USD ($)	Dec. 09, 2019	Nov. 13, 2019	Oct. 14, 2019	Oct. 03, 2019	Apr. 08, 2019	Dec. 11, 2018	Nov. 07, 2018	Jun. 07, 2018	Oct. 23, 2017	Apr. 23, 2020	Aug. 26, 2019	Jul. 02, 2019	Apr. 16, 2019	Sep. 21, 2018	Oct. 27, 2017	Mar. 22, 2017	Jan. 30, 2016	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019	May 02, 2019	Dec. 31, 2018	Mar. 31, 2020	Mar. 31, 2019
Equity (Textual)
Common stock price per share				$ 0.68		$ 0.89					$ 0.72
Issuance of common stock				$ 230,000		$ 200,000					$ 40,000
Fair value of common stock				$ 156,400							$ 28,800
Fair value of warrants																							$ 881,750
Legal expenses																		$ 63,500						$ 190,500
Stock-based compensation																		346,439	$ 148,708				1,252,756	2,013,292
Aggregate gross proceeds																							885,946	500,000
Compensation committee, description																						The Board of the Company and the Compensation Committee of the Board (the “Committee”) approved (i) an increase in the annual salaries of Lei Cao, Chief Executive Officer, Tuo Pan, acting Chief Financial Officer, and Zhikang Huang, Chief Operating Officer (the “C-Level Executives”), effective January 1, 2019, and (ii) a one-time award of a total of 950,000 of the common stock from the shares reserved under the Company’s 2014 Stock Incentive Plan (the “Plan”) to the C-Level Executives, Chief Technology Officer, Yafei Li and the following members of the Board, effective December 31, 2018, for their valuable contributions to the Company in fiscal 2018: Jing Wang, Tieliang Liu and Bradley A. Haneberg. The Committee recommended and the Board determined to make the following stock grants under the Plan: (i) Chief Executive Officer, Lei Cao, is entitled to a one-time stock award grant of 400,000 shares, (ii) acting Chief Financial Officer, Tuo Pan, is entitled to a one-time stock award grant of 140,000 shares, (iii) Chief Operating Officer, Zhikang Huang, is entitled to a one-time stock award grant of 180,000 shares, (iv) Chief Technology Officer, Yafei Li is entitled to a one-time stock award grant of 80,000 shares, (v) Board member Jing Wang is entitled to a one-time stock award grant of 50,000 shares, (vi) Board member Tieliang Liu is entitled to a one-time stock award grant of 50,000 shares and (vii) Board member Bradley A. Haneberg is entitled to a one-time stock award grant of 50,000 shares. The Company recorded compensation expense of $0 and $731,500 for the three and nine months ended March 31, 2019.
Cancellation of treasury shares	175,497
Fair value granted						$ 178,000
Service Agreement [Member]
Equity (Textual)
Fair value of common stock								$ 508,000
Issuance of common stock, shares								400,000
Employees [Member]
Equity (Textual)
Shares of restricted common stock issued									130,000
Compensation expenses																			0					91,000
Restricted share price									$ 2.80
Consultants [Member]
Equity (Textual)
Common stock issued for services, shares					255,000							600,000	300,000	430,000		250,000	90,000
Consulting fees																		35,139					140,556
Common stock price per share														$ 1.10
Issuance of common stock			$ 300,000
Restricted common stock value issued																$ 632,500
Fair value of common stock												$ 432,000		$ 473,000			$ 63,000
Restricted share price													$ 0.85			$ 2.53	$ 0.70
Stock-based compensation																			52,708					158,125
Consultants One [Member]
Equity (Textual)
Shares of restricted common stock issued															200,000
Restricted common stock value issued															$ 548,000
Compensation expenses																			137,000				$ 0	0
Consultants Two [Member]
Equity (Textual)
Common stock issued for services, shares																							222,000
Consulting expenses																		35,139					$ 140,556
Consultants Three [Member]
Equity (Textual)
Consulting expenses																			0					473,000
Consultants Four [Member]
Equity (Textual)
Consulting expenses																		0					127,500
Consultants Five [Member]
Equity (Textual)
Consulting expenses																		108,000					324,000
Consultants Six [Member]
Equity (Textual)
Consulting expenses																		0					63,000
Consultants Seven [Member]
Equity (Textual)
Consulting expenses																		28,800					28,800
Director [Member]
Equity (Textual)
Common stock price per share		$ 1.00
Issuance of common stock		$ 1,000,000
Aggregate gross proceeds		$ 1,000,000
Consultants Eight [Member]
Equity (Textual)
Consulting expenses																		0					156,400
Compensation expenses																		$ 111,000					222,000
Share Purchase Agreement [Member]
Equity (Textual)
Proceeds from related party										$ 50,000										$ 885,946			$ 885,946
Consulting Agreement [Member]
Equity (Textual)
Restricted common stock value issued							$ 50,000
Compensation expenses																			32,500					54,167
Fair value granted																					$ 65,000
Stock Incentive Plan [Member]
Equity (Textual)
Compensation expenses																			$ 0					$ 178,000

XML 79 R68.htm IDEA: XBRL DOCUMENT

Non-Controlling Interest (Details) - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Noncontrolling Interest [Line Items]
Original paid-in capital	$ 28,090,992	$ 26,523,830
Additional paid-in capital	2,334,962	2,066,906
Accumulated other comprehensive income	(1,142,737)	(671,106)
Accumulated deficit	(12,821,480)	(6,968,700)
Noncontrolling Interest
Noncontrolling Interest [Line Items]
Total	(5,524,315)	(5,173,622)
Noncontrolling Interest \| Sino-Global Shipping Agency Ltd. [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	384,725	268,297
Accumulated deficit	(6,195,826)	(6,066,145)
Total	(5,453,657)	(5,440,404)
Noncontrolling Interest \| Trans Pacific Logistics Shanghai Ltd. [Member]
Noncontrolling Interest [Line Items]
Total	$ (70,658)	$ 266,782

XML 80 R69.htm IDEA: XBRL DOCUMENT

Commitments and Contingencies (Details Textual) - USD ($)	1 Months Ended	9 Months Ended	12 Months Ended
	Jan. 19, 2018	Mar. 31, 2020	Jun. 30, 2019	Aug. 26, 2019	Aug. 23, 2019
Commitments and Contingency (Textual)
Severance payments		$ 80,000	$ 94,000
Lawsuit amount	$ 225,000
Restrictive shares of common stock				40,000	40,000
Employment agreements, description		(i) the remaining salary through the date of December 31, 2023, (ii) two times of the then applicable annual salary if there has been no Change in Control, as defined in the employment agreements or three-and-half times of the then applicable annual salary if there is a Change in Control.
Commitments and contingencies, description		On January 22, 2019, Nasdaq notified the Company that it did not comply with the minimum bid price of $1.00 per share (the “Minimum Bid Price”) requirement in Listing Rule 5550(a)(2), and in accordance with Listing Rule 5810(c)(3)(A), was granted 180 calendar days, until July 22, 2019, to regain compliance. Subsequently, on July 23, 2019, the Company was provided an additional 180 calendar day compliance period, or until January 20, 2020, to demonstrate compliance. On January 21, 2020, the Company was notified of Nasdaq’s delist determination as it had not regained compliance. On January 28, 2020, the Company requested a hearing, which was held on February 27, 2020. On March 10, 2020, the Company received a letter from Nasdaq stating that the Nasdaq Hearings Panel (the “Panel”) granted an exception to permit the Company to demonstrate compliance on or before May 8, 2020.

XML 81 R70.htm IDEA: XBRL DOCUMENT

Income Taxes (Details) - USD ($)	3 Months Ended		9 Months Ended
Income Taxes (Details) - USD ($)	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Current
Current income tax benefit (expense)	$ (189,510)	$ (336,367)	$ (204,257)	$ (635,380)
Deferred
Total income tax benefit (expense)	(189,510)	(248,820)	(204,257)	(427,333)
U.S.[Member]
Current
Current income tax benefit (expense)		1,191		(29,124)
Deferred
Total income tax benefit (expense)		(220,700)		(100,200)
Hong Kong [Member]
Current
Current income tax benefit (expense)		(9,395)		(10,276)
Deferred
Total income tax benefit (expense)
PRC [Member]
Current
Current income tax benefit (expense)	(189,510)	(328,163)	(204,257)	(595,980)
Deferred
Total income tax benefit (expense)		$ 308,247		$ 308,247

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Income Taxes (Details 1) - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Deferred tax assets
Allowance for doubtful accounts	$ 1,185,000	$ 1,121,000
Net operating loss	1,565,000	1,024,000
Total deferred tax assets	2,750,000	2,145,000
Valuation allowance	(2,750,000)	(2,145,000)
Deferred tax assets, net - long-term

XML 83 R72.htm IDEA: XBRL DOCUMENT

Income Taxes (Details 2) - USD ($)	Mar. 31, 2020	Jun. 30, 2019
Income Tax Disclosure [Abstract]
VAT tax payable	$ 1,032,755	$ 1,045,513
Corporate income tax payable	2,193,923	2,075,248
Others	64,134	64,134
Total	$ 3,290,812	$ 3,184,895

XML 84 R73.htm IDEA: XBRL DOCUMENT

Income Taxes (Details Textual) - USD ($)	3 Months Ended	9 Months Ended
Income Taxes (Details Textual) - USD ($)	Mar. 31, 2020	Mar. 31, 2020	Jun. 30, 2019
Income Taxes (Textual)
Net operating loss			$ 3,781,000
Additional Net operating loss	$ 512,000	$ 1,977,000
Net operating loss tax benefit	107,000	415,000
Future reduce income	5,758,000	5,758,000
Federal taxable income net operating loss	1,400,000	$ 1,400,000
Operating loss carry-forward expiry date		Dec. 31, 2037
Increase in valuation allowance	$ 150,000	$ 605,000
Allowance of DTA	100.00%	100.00%

XML 85 R74.htm IDEA: XBRL DOCUMENT

Concentrations (Details)	3 Months Ended		9 Months Ended
Concentrations (Details)	Mar. 31, 2020 Suppliers Customers	Mar. 31, 2019 Suppliers Customers	Mar. 31, 2020 Suppliers Customers	Mar. 31, 2019 Suppliers Customers
Concentrations (Textual)
Number of customer \| Customers	2	3	3	3
Number of suppliers \| Suppliers	2	4	4	3
Revenues [Member] \| Major Supplier One [Member]
Concentrations (Textual)
Concentrations risks, percentage	48.30%	40.00%	27.20%	24.30%
Revenues [Member] \| Major Supplier Two [Member]
Concentrations (Textual)
Concentrations risks, percentage	28.00%	15.30%	24.70%	12.50%
Revenues [Member] \| Major Supplier Three [Member]
Concentrations (Textual)
Concentrations risks, percentage		14.80%	18.20%	10.40%
Revenues [Member] \| Major Supplier Four [Member]
Concentrations (Textual)
Concentrations risks, percentage		10.50%	10.00%
Revenues [Member] \| Major Customer One [Member]
Concentrations (Textual)
Concentrations risks, percentage	62.20%	61.90%	40.00%	35.40%
Revenues [Member] \| Major Customer Two [Member]
Concentrations (Textual)
Concentrations risks, percentage	36.90%	14.70%	29.10%	16.40%
Revenues [Member] \| Major Customer Three [Member]
Concentrations (Textual)
Concentrations risks, percentage		11.60%	28.30%	13.30%
Accounts receivable [Member] \| Major Customer One [Member]
Concentrations (Textual)
Concentrations risks, percentage			85.90%	41.20%

XML 86 R75.htm IDEA: XBRL DOCUMENT

Segment Reporting (Details) - USD ($)

3 Months Ended

9 Months Ended

Mar. 31, 2020

Mar. 31, 2019

Mar. 31, 2020

Mar. 31, 2019

Revenues

$ 36,380

$ 433,380

1,353,979

22,736,759

5,161,329

39,354,579

1,353,979

22,773,139

5,161,329

39,787,959

889,107

21,075,195

2,328,156

34,715,624

464,872

1,697,944

2,833,173

5,072,335

83,153

44,033

320,272

95,313

$ 134,123

$ 6,979

$ 143,480

Shipping Agency and Management Services [Member]

34.30%

7.50%

54.90%

12.70%

Revenues

500,000

956,583

1,500,000

1,845,653

500,000

956,583

1,500,000

1,845,653

67,841

862,970

230,248

1,672,010

432,159

93,613

1,269,752

173,643

79,732

261,648

$ 6,979

Inland Transportation Management Services [Member]

86.40%

9.80%

84.70%

9.40%

Revenues

$ 36,380

$ 433,380

93,407

1,036,407

129,787

1,469,787

48,750

128,624

81,037

1,341,163

39,109

79,935

Freight Logistics Services [Member]

62.40%

91.20%

Revenues

853,979

^[1]

21,599,675

3,599,620

^[2]

36,066,151

853,979

21,599,675

3,599,620

36,066,151

821,266

^[1]

20,098,417

2,042,595

^[2]

32,562,075

32,713

1,501,258

1,557,025

3,504,076

3,421

476

7,704

1,427

$ 125,806

Container Trucking Services [Member]

3.80%

7.00%

43.30%

9.70%

Revenues

87,094

61,709

406,368

87,094

61,709

406,368

65,058

55,313

352,915

22,036

6,396

53,453

4,448

50,920

13,951

$ 8,317

$ 17,674