Tugs free grounded lake freighter
The American Courage, a 617-foot lake freighter that ran aground in the St. Clair River November 7 at 7:21 a.m. local, was successfully refloated around 7 p.m. with the help of towing
Rand Logistics
Oaktree takes a stake in Rand Logistics
Private equity firm American Industrial Partners (AIP) has agreed to sell what it calls “a significant minority stake” in Great Lakes operator Rand Logistics to funds managed by Oaktree Capital Management’s Transportation
Aaron Degodny joins Tidewater Transportation and Terminals leadership team
Vancouver, Wash., based Tidewater Transportation and Terminals, the largest barge transportation and terminal network on the Columbia-Snake River system, recently added Aaron Degodny as its new Vice-President and Chief Commercial Officer. “Aaron
Rand Logistics completes American Steamship acquisition
GATX Corporation (NYSE:GATX) today announced that it has completed the sale of its American Steamship Company (ASC) business to Rand Logistics, LLC for approximately $260 million in cash proceeds, subject to customary
Rand Logistics files for Chapter 11 bankruptcy
JANUARY 31, 2018 — In a filing with the SEC yesterday, Great Lakes operator Rand Logistics, Inc. (OTCMKT: RLOG) reported that, along with certain of its U.S. subsidiaries, it had filed voluntary
Grounded Rand Logistics self-unloader successfully refloated
AUGUST 14, 2017 — U.S. Coast Guard 9th District, Great Lakes, reports that the 629 ft self-unloading bulker Calumet, a 629-foot ship that ran aground on the north side of Sugar Island
Divers say grounded Rand Logistics vessel is structurally sound
AUGUST 11, 2017 — The St. Marys River yesterday remained closed to commercial vessels from the Soo Locks to 6 Mile Point as the U.S. Coast Guard continued to monitor a 629-foot
Rand Logistics in default on two credit agreements
AUGUST 16, 2016 — In a filing with the SEC today, Great Lakes operator Rand Logistics, Inc. (NASDAQ: RLOG) said it is unable to file its Form 10-Q for the first fiscal
Rand Logistics appoints Corporate VP of Procurement
SEPTEMBER 29, 2015 — Great Lakes bulker operator Rand Logistics, Inc. (NASDAQ:RLOG) has appointed Christopher J. Garwood to the position of Corporate Vice President of Procurement, responsible for managing the company’s strategic
Another day, another bulker grounding
APRIL 22, 2015 — Bulker groundings have been keeping U.S. Coast Guard District 9 busy. The district was able to report that by 7:00 a.m. this morning the Polstream bulker Juno, which