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; and
• making strategic acquisitions.
The company implemented
these strategic growth initiatives step-by-step. First, it initiated the effort
to diversify its client base by expanding into new international markets. The
company noted a steady increase in trade between China and South America in the
last ten years thanks in large part to strong economic growth in countries like
Argentina and Brazil and began offering freight forwarding services from China
to destinations in South America in March 2012. In 2013, it further expanded
that business believing that the South American route could become one of its
largest revenue-generating shipping routes in coming years.
Next, the company
broadened the scope of its services by adding new domestic trucking services
and improving its service capabilities. In 2013, it began strengthening its
domestic trucking capabilities through a leasing arrangement with a major
trucking company. It also focused on improving its competitive capabilities for
several services, including the receipt of goods, warehousing, customs declaration,
inspection declaration, multimodal transport, and combined large-scale
logistics.
Finally, the company
saw the potential to further accelerate its growth through strategic
acquisitions and mergers that would allow it to reach greater economies of scale.
It began evaluating strategic acquisition opportunities a while back and, at
this time, is in the early stage of performing due diligence on one strong
potential candidate. The plan is to pursue these opportunities aggressively and
the hope to complete one strategic acquisition by the end of fiscal 2014.
The China Logistics
Group is counting on these strategic initiatives—and improving domestic and
international economic trends—to drive a sustainable growth track for its
logistics operations now and in the future.
For more
information, visit www.chinalogisticsinc.com
About QualityStocks
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net
Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net
No comments:
Post a Comment