|Exchange:||NASDAQ national market|
|Stock:||Rand Logistics, Inc.|
|Industry:||Shipping & Ports|
|Rand Logistics, Inc., was incorporated in the State of Delaware on June 2, 2004. The Company is a shipping company that, through its operating subsidiaries, is engaged in the operation of bulk carriers on the Great Lakes. Its shipping business is operated in Canada by Lower Lakes Towing and in the United States by Lower Lakes Transportation. Lower Lakes' fleet consists of five self-unloading bulk carriers and four conventional bulk carriers in Canada and seven self-unloading bulk carriers in the U.S., including one integrated tug and barge unit and three articulated tug and barge units. Lower Lakes Towing owns the nine Canadian vessels. The Company transports construction aggregates, coal, iron ore, salt, grain and other dry bulk commodities for customers in the construction, electric utility, integrated steel and food industries. The Company's marine transportation operations are subject to regulation by the United States Coast Guard (USCG), the Environmental Protection Agency (EPA), various federal laws, Canadian laws, state laws and certain international conventions.|
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