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 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 three months ended March 31, 2020, gross revenues and gross cost of revenues related to these contracts amounted to approximately $2.0 million and $2.0 million, respectively.

	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