About Rand Logistics
Rand Logistics is a company based in Jersey City (United States) founded in 2004 was acquired by American Industrial Partners in November 2017.. Rand Logistics has completed 2 acquisitions, including American Steamship Company and Andrie. Rand Logistics offers products and services including Bulk Freight Shipping, Ship Repair, and Logistics Services.
- Headquarter Jersey City, United States
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Rand Logistics, Inc.
-
Annual Revenue
$115.45 M-22as on Mar 31, 2017
-
Net Profit
$-18.23 M-331as on Mar 31, 2017
-
EBITDA
$20.63 M-25as on Mar 31, 2017
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
-
Investments & Acquisitions
American Steamship Company
& 1 more
-
Acquired by
American Industrial Partners
(Nov 21, 2017)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Rand Logistics
Rand Logistics offers a comprehensive portfolio of products and services, including Bulk Freight Shipping, Ship Repair, and Logistics Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides marine bulk freight shipping across Great Lakes routes
Offers ship repair and fabrication for maritime communities
Delivers comprehensive logistics solutions for industrial clients
Funding Insights of Rand Logistics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rand Logistics
Rand Logistics has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include American Industrial Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Control investments are made in middle-market industrial businesses.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Rand Logistics
Rand Logistics has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include American Steamship Company and Andrie. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Maritime company focused on marine transportation and specialised marine solutions
|
1988 | ||||
|
Marine transportation services are provided across the United States.
|
1907 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Rand Logistics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rand Logistics Comparisons
Competitors of Rand Logistics
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Rand Logistics
Frequently Asked Questions about Rand Logistics
When was Rand Logistics founded?
Rand Logistics was founded in 2004.
Where is Rand Logistics located?
Rand Logistics is headquartered in Jersey City, United States. It is registered at Jersey City, New Jersey, United States.
Who is the current CEO of Rand Logistics?
Peter Coxon is the current CEO of Rand Logistics.
What is the annual revenue of Rand Logistics?
Annual revenue of Rand Logistics is $115.45M as on Mar 31, 2017.
What does Rand Logistics do?
Rand Logistics was founded in 2004 and is based in Jersey City, United States. Operations center on the marine logistics sector, with freight forwarding and shipping services handled for various cargo types. Sea-based transportation solutions are managed across domestic and international routes. The company is led by CEO Peter Coxon, and its online presence is maintained through randlog.com. Focus remains on efficient handling of maritime logistics needs.
What products or services does Rand Logistics offer?
Rand Logistics offers Bulk Freight Shipping, Ship Repair, and Logistics Services.
How many acquisitions has Rand Logistics made?
Rand Logistics has made 2 acquisitions, including American Steamship Company, and Andrie.
Who are Rand Logistics's investors?
Rand Logistics has 1 investor. Key investors include American Industrial Partners.