SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* SONKIN PAUL D (Last) (First) (Middle) 460 PARK AVENUE 12TH FLOOR (Street) NEW YORK NY 10022 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol Rand Logistics, Inc. [ RAQC ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) X Other (specify below) See footnote #1
	3. Date of Earliest Transaction (Month/Day/Year) 10/30/2006
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common stock $.0001 par value(1)	10/30/2006		P		42,700(2)	A	$5.644	42,700	D(3)
Common stock $.0001 par value	10/31/2006		P		25,000(4)	A	$6.309	67,700	D(5)
Common stock $.0001 par value	11/01/2006		P		40,600(6)	A	$6.555	108,300	D(7)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Common stock warrants	$5	10/30/2006		P		25,355(8)		10/27/2005	10/28/2008	Common stock	50,710	$1.013	25,355	D(9)
Common stock warrants	$5	10/31/2006		P		23,400(10)		10/27/2005	10/28/2008	Common stock	46,800	$1.395	48,755	D(11)
Common stock warrants	$5	11/01/2006		P		218,000(12)		10/27/2005	10/28/2008	Common stock	436,000	$1.621	266,755	D(13)

1. Name and Address of Reporting Person* SONKIN PAUL D (Last) (First) (Middle) 460 PARK AVENUE 12TH FLOOR (Street) NEW YORK NY 10022 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) X Other (specify below) See footnote #1

1. Name and Address of Reporting Person* HUMMINGBIRD VALUE FUND LP (Last) (First) (Middle) 460 PARK AVENUE, 12TH FL (Street) NEW YORK NY 10022 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) X Other (specify below) See footnote #1

1. Name and Address of Reporting Person* HUMMINGBIRD MICROCAP VALUE FUND LP (Last) (First) (Middle) 460 PARK AVENUE, 12TH FL (Street) NEW YORK NY 10022 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) X Other (specify below) See footnote #1

1. Name and Address of Reporting Person* HUMMINGBIRD CONCENTRATED FUND LP (Last) (First) (Middle) 460 PARK AVENUE, 12TH FL (Street) NEW YORK NY 10022 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) X Other (specify below) See footnote #1

1. Name and Address of Reporting Person* HUMMINGBIRD MANAGEMENT LLC (Last) (First) (Middle) 460 PARK AVENUE, 12TH FL (Street) NEW YORK NY 10022 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) X Other (specify below) See footnote #1

1. Name and Address of Reporting Person* HUMMINGBIRD CAPITAL LLC (Last) (First) (Middle) 460 PARK AVENUE, 12TH FL (Street) NEW YORK NY 10022 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) X Other (specify below) See footnote #1

Explanation of Responses:

1. This Form 4 is filed jointly by Paul D. Sonkin, The Hummingbird Value Fund, L.P. ("HVF"), The Hummingbird Microcap Value Fund, L.P.("Microcap"),The Hummingbird Concentrated Fund, L.P. ("Concentrated"), Hummingbird Capital, LLC, and Hummingbird Management, LLC. Paul D. Sonkin is the Managing Member of (a) Hummingbird Capital, LLC, the general partner of HVF, Microcap, and Concentrated, and (b) Hummingbird Management, LLC, the investment manager to HVF, Microcap, and Concentrated. Accordingly, each of Paul D. Sonkin, Hummingbird Capital, LLC, and Hummingbird Management, LLC may be deemed to beneficially own the securities owned by HVF, Microcap, and Concentrated, reported herein. The Reporting Persons are members of a Section 13(d) group that owns more than 10% of the Issuer's outstanding Common Stock.

2. Acquired by The Hummingbird Concentrated Fund, L.P.

3. Owned directly by The Hummingbird Concentrated Fund, L.P., and indirectly by Paul D. Sonkin, Hummingbird Capital, LLC, and Hummingbird Management, LLC, each of which disclaims beneficial ownership of the securities owned by The Hummingbird Concentrated Fund, L.P., except to the extent that each such party has an interest, if any, in The Hummingbird Concentrated Fund, L.P.

4. Acquired by The Hummingbird Concentrated Fund, L.P.

5. See footnote #3.

6. Acquired by The Hummingbird Concentrated Fund, L.P.

7. See footnoted #3.

8. Acquired by The Hummingbird Concentrated Fund, L.P.

9. See footnote #3.

10. Acquired by The Hummingbird Concentrated Fund, L.P.

11. See footnote #3.

12. Acquired by The Hummingbird Concentrated Fund, L.P.

13. See footnote #3.

	Paul Sonkin	11/02/2006
	The Hummingbird Value Fund, L.P.	11/02/2006
	The Hummingbird Microcap Value Fund, L.P.	11/02/2006
	The Hummingbird Concentrated Fund, L.P.	11/02/2006
	Hummingbird Management, LLC	11/02/2006
	Hummingbird Capital, LLC	11/02/2006
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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