China Logistics Group, Inc. (CHLO) Expands the Reach of Freight-Forwarding Business
China Logistics Group, an international freight forwarder and logistics manager based in Shanghai, is facing significant industry challenges yet handling them with style. In recent years, the company has had to conduct business in an industry that has suffered considerably from a protracted recession in the European Union, a major slowdown in China’s economy, and an overall weakness in global demand. Rather than bow to the pressures of this difficult time, the company has taken steps to compensate for further weakness in the domestic and international markets it operates in by: • diversifying its client base; • expanding its services;…