This paper take the background of outsourcing of logistics services, through analyzed the game model of couple under the situation of incomplete information, attempts to set up a game model of incomplete information of the logistics out-souring enterprises and logistics service provider in outsourcing of logistics services, finally, put forward an important conclusion, in the early stages of cooperation, logistics out-souring enterprise pay great attention to supervise, and logistics service provider will not take strategy of violation. However, with the deepening of cooperation, the two sides will understand each other gradually. Trust factor will occupy the dominant position of cooperation. Logistics out-souring enterprise will reduce its power of supervision gradually and logistics service provider will take the strategy of violation because of the trust from the other party. It looks like a paradox, but it reflects a main factor of moral hazard in the logistics outsourcing business - trust. It has a high practical value to the logistics outsourcing business.