Former Oglebay Norton President and CEO Michael D. Lundin Joins Rand Logistics' Board of Directors

  
    
  
  
    
      Rand Logistics Inc. (NASDAQ: RLOG; RLOGW; RLOGU) (“Rand”) 
      today announced the appointment of Michael D. Lundin as an independent 
      member of its Board of Directors, effective April 1, 2008. Lundin is the 
      former President and Chief Executive Officer of the Oglebay Norton 
      Company, a miner, processor, transporter and marketer of industrial 
      minerals and aggregates. This latest appointment expands Rand’s 
      Board to six members, including four non-management directors.
    
    
      Laurence Levy, Chairman and Chief Executive Officer of Rand Logistics, 
      stated, “Michael Lundin is a seasoned 
      executive with a significant amount of experience in Great Lakes 
      operations and extensive knowledge of the shipping business. We are 
      pleased to welcome him as a valuable addition to our Board and believe 
      he will provide the insight and support necessary to assist the Company 
      in reaching its strategic goals and objectives.”
    
    
      Lundin joined Oglebay Norton as the President of Michigan Limestone 
      Operations in April 2000. He quickly became President of the Great Lakes 
      Minerals Division and was promoted shortly thereafter to the position of 
      President and Chief Operating Officer. Lundin also served as a member of 
      the Oglebay Norton Board of Directors for seven years and currently sits 
      on the Boards of two private organizations.
    
    
      Prior to Oglebay Norton, Lundin served as Vice President and then 
      President of Michigan Limestone Operations, LP, where he negotiated the 
      partnership’s sale to Oglebay Norton for $100 
      million. Lundin earned a B.S. in Manufacturing Engineering and Product 
      Development from the University of Wisconsin and an M.B.A. from Loyola 
      Marymount University.
    
    
      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’s 
      vessels operate under the U.S. Jones Act – 
      which dictates that only ships that are built, crewed and owned by U.S. 
      citizens can operate between U.S. ports – and 
      the Canada Marine Act – which requires 
      Canadian commissioned ships to operate between Canadian ports.