Rand Logistics, Inc. is a leading
provider of bulk freight shipping services throughout the Great Lakes region.
Through its subsidiaries, the Company operates a fleet of ten self-unloading
bulk carriers, including eight River Class vessels and one River Class
integrated tug/barge unit, and three conventional bulk carriers, of which one is
operated under a contract of affreightment.
The Company is the only carrier
able to offer significant domestic port-to-port services in both Canada and the
U.S. on the Great Lakes. The Company’s vessels operate under the U.S. Jones Act
– which dictates that only ships that are built, crewed and owned by U.S.
citizens can operate between U.S. ports – and the Canada Marine Act – which
requires Canadian commissioned ships to operate between Canadian ports.
Headquartered in New York,
NY, Rand Logistics was formed in 2006 through the acquisition of the outstanding
shares of capital stock of Lower Lakes Towing Ltd. Common shares of Rand
Logistics trade on the NASDAQ Capital Market under the symbol RLOG.
March 14, 2014
Logistics Announces Vessel Acquisition To Support New Business Awards Beginning In The 2015 Sailing Season.
March 12, 2014
Rand Logistics Announces $212.5 Million Refinancing, Reducing Cost Of Capital And Paying Off Accrued Preferred Dividends.
February 5, 2014
Rand Logistics Reports Third Quarter Fiscal Year 2014 Financial Results.