Rand Logistics, Inc.
| Nasdaq: RLOG
Similar to: Algoma Central Corp.
Rand Logistics, Inc. is a shipping company, which engages in the operation of bulk carriers on the Great Lakes. It provides bulk freight shipping services through its subsidiaries, the company operates a fleet of four conventional bulk carriers and thirteen self-unloading bulk carriers including four tug/barge units. The company is the only carrier able to offer significant domestic port-to-port services in both Canada and United States. Its vessels operates under the U.S. Jones Act-which reserves domestic waterborne commerce to vessels that are U.S. owned, built and crewed,-and the Canada Coasting Trade Act- which reserves domestic waterborne commerce to Canadian registered and crewed vessels that operate between Canadian ports. Rand Logistics was founded on June 2, 2004 and is headquartered in New York, NY.