Rand Logistics Welcomes New Leadership and Board Members

Rand Logistics Announces Leadership Transition

In an important update, Rand Logistics, Inc., a prominent player in bulk freight shipping within the Great Lakes region, has shared a leadership transition that signals new opportunities for the company. Dave Foster, who has served as the Chief Executive Officer of Rand for the last four years, has decided to retire after a remarkable 40-year career in the maritime industry.

New Interim CEO Takes the Helm

In light of Foster's retirement, the Board of Rand has appointed Greg Binion as the interim Chief Executive Officer. Binion is a well-respected figure in transportation logistics, bringing over 40 years of experience in the maritime sector. His resume includes serving as a Board Member of Rand as well as the Executive Chairman of the Andrie Marine company.

Binion's Remarkable Background

Greg Binion joined the Rand Board following its acquisition of Andrie, and has been instrumental in shaping strategic directions ever since. As interim CEO, his operational expertise and familiarity with the Great Lakes region place him in an excellent position to lead Rand forward.

Support from a Stellar Board

Binion will collaborate closely with Rand's Board, including influential figures like Wick Moorman, the former CEO of Amtrak and Norfolk Southern, and Sarah Feinberg, who has held significant administrative roles, including the President of the New York City Transit Authority. With such a robust leadership team, Rand Logistics is well-prepared to navigate future challenges.

New Addition to the Board

Moreover, Rand is enhancing its leadership further by welcoming Dave Barger to its Board. Barger, known for co-founding JetBlue and serving as its CEO, brings extensive transport industry knowledge. His involvement adds a fresh voice and perspective that promises to benefit Rand's operations.

Perspectives on Growth

Both Binion and Barger have expressed enthusiasm for their new roles. Binion emphasized his excitement about guiding Rand through this pivotal transition, while Barger recognized the impressive track record of growth that Rand has achieved. Together, they reflect a strong commitment to enhancing Rand's services and expanding its reach in the freight shipping sector.

About Rand Logistics

Rand Logistics, Inc. is distinguished as a premier provider of bulk freight shipping services across the Great Lakes. With an extensive fleet comprising 28 vessels, including conventional and self-unloading carriers, Rand is well-equipped to serve the diverse needs of its customers. Notably, the company stands out for its ability to provide substantial domestic port-to-port services between Canada and the U.S. under relevant maritime laws.

Frequently Asked Questions

What led to the leadership transition at Rand Logistics?

Dave Foster announced his retirement after a successful 40-year career, prompting the Board to appoint Greg Binion as interim CEO.

Who is Greg Binion?

Greg Binion is a seasoned transportation executive appointed as interim CEO of Rand Logistics, with over 40 years of experience in the maritime industry.

What new additions have been made to the Rand Logistics Board?

Dave Barger, co-founder of JetBlue, has joined the Rand Board, bringing valuable insights and expertise from the transportation sector.

What is Rand Logistics known for?

Rand Logistics is recognized as a leading provider of bulk freight shipping services in the Great Lakes, operating a diverse fleet to meet customer needs.

How does Rand Logistics ensure efficient operations?

With vessels operating under U.S. Jones Act and Canadian regulations, Rand ensures compliance and efficiency in domestic waterborne commerce.

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