Rand Completes American Steamship Acquisition

New Jersey-based Rand Logistics said Thursday it has completed its $260 million acquisition of rival Great Lakes shipping company American Steamship Company (ASC) from GATX Corporation.The combination of Rand and ASC moves almost 50 million tons annually of dry bulk commodities such as iron ore…

https://www.marinelink.com/news/rand-completes-american-steamship-478515

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