Rand Logistics, Inc.

About Rand Logistics, Inc.

Rand Logistics is a leading provider of marine bulk freight shipping, ship repair, and logistics services throughout the Great Lakes Region. They aim to deliver comprehensive solutions for supply chain needs through their fleet operations and subsidiary companies.

Products & Services

Bulk Freight Shipping:Operates a fleet of 22 vessels including self-unloading bulk carriers and tug/barge units, offering port-to-port services in Canada and the U.S. on the Great Lakes.

Ship Repair:Provides full-service ship repair through Conneaut Creek Ship Repair (CCSR) in Ashtabula, Ohio, catering to maritime and industrial communities in the Great Lakes Region.

Fabrication and Industrial Maintenance:Offers fabrication and industrial maintenance services as part of their comprehensive solutions for maritime and industrial needs.

Logistics Services:Provides logistics solutions to support supply chain needs across the Great Lakes and beyond, including routes from Chicago to Duluth and Detroit to Montreal.

Specialties

Marine Bulk Freight Shipping Ship Repair Fabrication Industrial Maintenance Great Lakes Region Logistics River Class Vessel Operations

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt T: - FT: Debt	A: 525000000 MR: - FA: $525 million FAN: 525000000	D: 2025-04-02 FD: 2025-04-02	1 investors

Debt Latest

2025-04-02

$525.0M

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

G

Greg Binion

Chief Executive Officer

J

Joe Kassel

Chief Financial Officer

T

Terry Mee

Chief Reliability Officer

S

Sven Christensen

Chief Operating Officer

K

Kevin McMonagle

President, American Steamship Company & Lower Lakes Towing

P

Phillip Carr

Vice President, Commercial

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