Rand Logistics Inc fka RLOGQ

[Viewmont]

JERSEY CITY, N.J., Nov. 21, 2017 (GLOBE NEWSWIRE) -- Rand Logistics, Inc. (RLOG) (“Rand” and, together with its subsidiaries, the “Company”), a leading provider of bulk freight shipping services throughout the Great Lakes Region, announced today that American Industrial Partners (“AIP”) has agreed to acquire the Company. AIP is a New York-based private equity firm with over $4.0 billion of assets under management that focuses on buying, improving and growing industrial businesses in the U.S. and Canada.