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Rand Logistics Initiation Report

Rand Logistics Initiation Report

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Title: Rand Logistics Initiation Report

Essay Details:

Subject: Business

Author: Todd D

Date: May 19, 2014

Level: University

Grade: A

Length: 9 / 2628

Essay text:

The Company is the only carrier able to offer significant domestic port-to-port services in both Canada and the U.S. on the Great Lakes. Rand Logistics main headquarters are based out of New York but their subsidiaries operate out of Ontario, Canada. The company has approximately 277 full-time employees. Rand Logistics fiscal year ended recently in March 2007. They recorded an operating loss of $1.77 million dollars, an improvement of about 36% from 2006 in which they had an operating loss of $2.77 million dollars. Net income continued to drop an additional 120% from 2006 to 2007 to a loss of $3...

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