Rand Logistics reported a wider loss for the fiscal first quarter of 2018 as the company still seeks a recapitalisation.
The Jersey City-based company reported a net loss of $5.5m for the quarter compared to a $2.9m net loss in the year earlier period. The results came in at a $0.30 per share loss.
Interest expenses continue to mount, reaching $8m versus $3.6m.
