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Rand Logistics, Inc. Company Snapshot
Rand Logistics, Inc. is a shipping company that, through its operating subsidiaries, is engaged in the operation of bulk carriers on the Great Lakes. The Company's shipping business is operated in Canada by Lower Lakes Towing Ltd. (Lower Lakes Towing) and in the United States by Lower Lakes Transportation Company (Lower Lakes Transportation). The Company transports construction aggregates, salt, grain, coal, iron ore, and other dry bulk commodities for customers in the construction, electric utility, food, and integrated steel industries. Lower Lakes' fleet consists of approximately six self-unloading bulk carriers and over four conventional bulk carriers in Canada and approximately six self-unloading bulk carriers in the United States, including over three articulated tug and barge units. Lower Lakes Towing owns approximately nine Canadian vessels and Lower Lakes Towing (17) Ltd. (Lower Lakes (17)) owns the tenth Canadian vessel.

Sales Analysis. Rand Logistics reported sales of $148.44 million for the fiscal year ending March of 2016. This represents a decrease of 3.0% versus 2015, when the company's sales were $152.96 million.
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Rand Logistics, Inc.
  Stock Performance Chart for Rand Logistics, Inc.
  Stock Data: Recent Stock Performance:
  Current Price (10/21/2016): .74
(Figures in U.S. Dollars)
1 Week -3.9%   13 Weeks -2.6%  
4 Weeks -28.8%   52 Weeks -66.5%  
Rand Logistics, Inc. Key Data:
  Ticker: RLOG Country: United States
  Exchanges: NAS Major Industry: Transportation
    Sub Industry: Deep Sea Transport Of Freight
  2016 Sales 148,444,000
(Year Ending Jan 2017).
Employees: 498
  Currency: U.S. Dollars Market Cap: 13,695,250
  Fiscal Yr Ends: March Shares Outstanding: 18,507,094
  Share Type: Common Closely Held Shares: 2,545,861
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