RLOGU Rand Logistics Unit 10/26/08 (MM)

Rand Logistics Inc. (Nasdaq: RLOG; RLOGW; RLOGU) (๏ฟฝRand๏ฟฝ) today announced that it is hosting its annual analyst and investor day in Sarnia, Ontario, and Port Huron, Michigan. The event will consist of a management-guided tour of the Saginaw, one of Rand๏ฟฝs key vessels which is currently undergoing a $13 million re-powering, followed by a luncheon presentation and Q&A featuring Jim Weakley, President of the Lake Carriers Association, who will provide additional insight into the Great Lakes shipping industry. To obtain a copy of management's presentation, please contact: Lesley Snyder The Piacente Group (Investor Relations Counsel, Rand Logistics, Inc.) 212-481-2050 lesley@thepiacentegroup.com About Rand Logistics Rand Logistics, Inc. is a leading provider of bulk freight shipping services throughout the Great Lakes region. Through its subsidiaries, the Company operates a fleet of ten self-unloading bulk carriers, comprised of nine River Class vessels and one River Class integrated tug/barge unit, and three conventional bulk carriers, of which one is operated under a contract of affreightment. 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. The Company๏ฟฝs vessels operate under the U.S. Jones Act ๏ฟฝ which dictates that only ships that are built, crewed and owned by U.S. citizens can operate between U.S. ports ๏ฟฝ and the Canada Marine Act ๏ฟฝ which requires Canadian commissioned ships to operate between Canadian ports.