WHO WE ARE
WHO WE ARE
WHO WE ARE
OUR VISION
To be the most trusted and efficient marine logistics leader on the Great Lakes, delivering essential commodities that power North American manufacturing, build the nation’s infrastructure, and sustain its food supply for the next century and beyond.
To be the most trusted and efficient marine logistics leader on the Great Lakes, delivering essential commodities that power North American manufacturing, build the nation’s infrastructure, and sustain its food supply for the next century and beyond.
OUR MISSION
To safely, reliably, and efficiently transport bulk commodities that are foundational to North American manufacturing, infrastructure, and food industries. We serve our customers, invest in our people, and steward the Great Lakes environment while driving operational excellence and long-term value for our stakeholders.
To safely, reliably, and efficiently transport bulk commodities that are foundational to North American manufacturing, infrastructure, and food industries. We serve our customers, invest in our people, and steward the Great Lakes environment while driving operational excellence and long-term value for our stakeholders.
OUR VALUES
Listening
We seek to understand our customers’ needs and supply chain challenges. We listen to our crews and shoreside teams to continuously improve safety and operations. We respect the communities and environments in which we operate.
Learning
We embrace innovation, technology and process improvements that elevate performance. We learn from experience to strengthen reliability and operational excellence. We invest in training and development to develop our people.
Caring
We prioritize the safety and well-being of our mariners and employees. We support our customers with dependable, mission-critical service. We protect the Great Lakes through responsible, sustainable operations.
MAINSTAY MANAGEMENT
MAINSTAY MANAGEMENT
Greg Binion
Chief Executive Officer
Greg Binion
Chief Executive Officer
Greg Binion
Chief Executive Officer
Joe Kassel
Chief Financial Officer
Joe Kassel
Chief Financial Officer
Joe Kassel
Chief Financial Officer
Terry Mee
Chief Reliability Officer
Terry Mee
Chief Reliability Officer
Terry Mee
Chief Reliability Officer
Sven Christensen
Chief Operating Officer
Sven Christensen
Chief Operating Officer
Sven Christensen
Chief Operating Officer
Kevin McMonagle
President, ASC and LLT
Kevin McMonagle
President, ASC and LLT
Kevin McMonagle
President, ASC and LLT
Phillip Carr
Vice President, Commercial
Phillip Carr
Vice President, Commercial
Phillip Carr
Vice President, Commercial
Peter Bordonaro
General Counsel
Peter Bordonaro
General Counsel
Peter Bordonaro
General Counsel
OUR HISTORY
OUR
HISTORY
1907
American Steamship Company (ASC), present day subsidiary of Mainstay, incorporated in Buffalo, New York
1907
American Steamship Company (ASC), present day subsidiary of Mainstay, incorporated in Buffalo, New York
1907
American Steamship Company (ASC), present day subsidiary of Mainstay, incorporated in Buffalo, New York
1930
ASC becomes the first vessel owner on the Great Lakes to operate self-unloading vessels
1930
ASC becomes the first vessel owner on the Great Lakes to operate self-unloading vessels
1930
ASC becomes the first vessel owner on the Great Lakes to operate self-unloading vessels
1977
ASC acquires its first 1,000-foot vessel, the Belle (renamed the Walter J. McCarthy Jr. in 1990)
1977
ASC acquires its first 1,000-foot vessel, the Belle (renamed the Walter J. McCarthy Jr. in 1990)
1977
ASC acquires its first 1,000-foot vessel, the Belle (renamed the Walter J. McCarthy Jr. in 1990)
1994
Lower Lakes Towing (LLT) established as a Canada Coasting Act operator
1994
Lower Lakes Towing (LLT) established as a Canada Coasting Act operator
1994
Lower Lakes Towing (LLT) established as a Canada Coasting Act operator
2000
Grand River Navigation (GNR) established as a U.S. Jones Act operator
2000
Grand River Navigation (GNR) established as a U.S. Jones Act operator
2000
Grand River Navigation (GNR) established as a U.S. Jones Act operator
2004
Rand Logistics incorporated as a SPAC
2004
Rand Logistics incorporated as a SPAC
2004
Rand Logistics incorporated as a SPAC
2006
Rand beings its maritime industry affiliation with the acquisition of LLT and GRN
2006
Rand beings its maritime industry affiliation with the acquisition of LLT and GRN
2006
Rand beings its maritime industry affiliation with the acquisition of LLT and GRN
2011
Rand closes its public offering on NASDAQ while continuing to expand its fleet size and customer base through acquisition
2011
Rand closes its public offering on NASDAQ while continuing to expand its fleet size and customer base through acquisition
2011
Rand closes its public offering on NASDAQ while continuing to expand its fleet size and customer base through acquisition
2018
AIP acquires Rand; Rand acquires Conneaut Creek Ship Repair
2018
AIP acquires Rand; Rand acquires Conneaut Creek Ship Repair
2018
AIP acquires Rand; Rand acquires Conneaut Creek Ship Repair
2020
Rand acquires ASC to form the largest transportation provider on the Great Lakes
2020
Rand acquires ASC to form the largest transportation provider on the Great Lakes
2020
Rand acquires ASC to form the largest transportation provider on the Great Lakes
2021
Oaktree acquires 49.9% stake in Rand
2021
Oaktree acquires 49.9% stake in Rand
2021
Oaktree acquires 49.9% stake in Rand
2023
Oaktree acquires remaining 50.1% stake to become 100% owner
2023
Oaktree acquires remaining 50.1% stake to become 100% owner
2023
Oaktree acquires remaining 50.1% stake to become 100% owner
2024
Duration Capital Partners (DCP) completes its spin-out from Oaktree Capital; Rand transfer with DCP
2024
Duration Capital Partners (DCP) completes its spin-out from Oaktree Capital; Rand transfer with DCP
2024
Duration Capital Partners (DCP) completes its spin-out from Oaktree Capital; Rand transfer with DCP
2024
Rand acquires Andrie LLC, entering the liquid bulk transportation market on the Great Lakes
2024
Rand acquires Andrie LLC, entering the liquid bulk transportation market on the Great Lakes
2024
Rand acquires Andrie LLC, entering the liquid bulk transportation market on the Great Lakes
2026
Rand rebrands to Mainstay Maritime
2026
Rand rebrands to Mainstay Maritime
2026
Rand rebrands to Mainstay Maritime
