I believe you can restore the database to a test box and analyze the database/log from there. ApexSQL Log can use tlog backups as well (once you are connected to a live database). There are options for creating REDO scripts as well as exporting log data to a variety of formats.
Best,
Kevin G. Boles
SQL Server Consultant
SQL MVP 2007-2012
TheSQLGuru on googles mail service