Rand completes acquisition of American Steamship Company

JERSEY CITY, N.J.-¬†Rand Logistics, Inc. today announced it has completed the acquisition of American Steamship Company (ASC) from GATX Corporation. Rand is a portfolio company of American Industrial Partners (AIP) and provides dry bulk shipping services throughout the Great Lakes region. The combination of Rand and ASC moves almost¬†50 million tons annually of dry bulk …

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