What Are the REAL Reasons Behind the Collapse of Alex Logistics?

How Did a $20 Million Company Fall Apart?

July 3, 2019 – Reporter and investigator Bobby Axelrod has been looking for information on the Alex Logistics company. While the company had $20 million in assets, there exists a significant concern over how the company managed to collapse so quickly.

Axelrod spent three months investigating the company and how it fell apart. As it turns out, the reason for the collapse came from the fraud committed by the company’s dispatchers. These include Serhii Marchenko, Nazar Parshev, Tarandeep “Troy” Singh and Helena “Gelena” Rubina.

The dispatchers were caught on camera at their company warehouse. They planned to steal a truckload of ELD lamps. This would help them to get a boost on their funds and to start up their own trucking companies possibly. The lamps were being sold on the black market as a means of raising funds in question.

The alarming discovery from Mr. Axelrod found that there are also some issues where Alex Logistics was working to avoid returning containers. The  rail ramps and drivers were HAULING Many drivers were dispatched by company dispatchers in 2018 to fake locations as a means of making it look as though they were putting in an extra amount of effort in their work. Many of these places were around the Chicago area with no real pattern involved.

The company's owners were unable to recover the losses that they had encountered in the process. They were charged more than $400,000 for the losses involved. This included charges from railroads and steamship lines that were responsible for handling many of the efforts that did not exist.

The final step has been taken by RTS Financial, a transportation factoring company which About $350,000 of cash were frozen and the company still not able to recover.

The owners were subjected to far too much drama, and questionable employees ended up doing more to destroy the company than anything.

The website for Alex Logistics is no longer operational. It is through the unfortunate activities found in the Axelrod investigation that the company has become a thing of the past. This is especially unfortunate, as the company has an immense amount of money to work with.

The company used to employ 140+ people.

Tweet

More News From travellersea.com

Soleimani, a general who became Iran icon by targeting US

May 31, 2020

TEHRAN, Iran — For Iranians whose icons since the Islamic Revolution have been stern-faced clergy, Maj. Gen. Qassem Soleimani widely represented a figure of national resilience in the face of four decades of U.S. pressure. For the U.S. and Israel, he was a shadowy figure in command of Iran's proxy forces, responsible for fighters in Syria backing President Bashar Assad and for the deaths of American troops in Iraq. Solemani survived the horror of Iran’s long war in the 1980s with Iraq to take control of the Revolutionary Guard’s elite Quds Force, responsible for the Islamic Republic’s foreign campaigns. Relatively...

Streep, Miranda and Stone are named as Met Gala co-0chairs

May 31, 2020

NEW YORK — Next year's Met Gala may be the closest we'll ever come to getting a Miranda Priestly moment at the starry event. Meryl Streep has been named as a co-chair of the Metropolitan Museum of Art's Costume Institute. The Oscar-winner played Priestly, a thinly veiled fictional version of Vogue editor Anna Wintour, in the movie "The Devil Wears Prada." Wintour clearly has no hard feelings because she selected Streep as a co-chair along with Lin-Manuel Miranda and fellow Oscar-winner Emma Stone. Designer Nicolas Ghesquiere rounds out the group. The gala's theme is "About Time: Fashion and Duration," which...

New Sept. 11 exhibit stages the hunt for Osama bin Laden

May 31, 2020

NEW YORK — Declassified U.S. government documents and artifacts will be part of a new exhibit about the decade-long search for Osama bin Laden at the site of the New York terrorist attack he masterminded. "Revealed: The Hunt for Bin Laden" opens Nov. 15 at the National September 11 Memorial & Museum, a multimedia account of the mission that ended with bin Laden's death in Pakistan in 2011. With direct access to the operatives who led America's feverish post-9/11 hunt for the top terrorist, the exhibit presents a sort of whodunit drama with graphics, videos and the voices of the...

China says US has 'weaponized' visas to target exchanges

May 31, 2020

BEIJING — China on Wednesday accused the U.S. of having "weaponized" the issuance of visas following the reported inability of a top Chinese space program official to obtain permission to travel to a key conference in Washington. Foreign Ministry spokeswoman Hua Chunying told reporters that the head of the Chinese delegation to the International Astronautical Congress wasn't able to obtain a visa following an Oct. 12 interview, making it difficult for Chinese representatives to attend important events at the meeting. Reports said the vice chairman of the China National Space Administration, Wu Yanhua, had planned to attend the congress. Hua...

Cracks were found in a key structural part on 38 Boeing jets

May 31, 2020

Inspections of some older Boeing jets have turned up structural cracks in more than three dozen of them, raising a new safety issue for the company already dealing with two deadly crashes involving a newer version of the same plane. Boeing said Thursday that airlines worldwide have inspected 810 planes following an order from U.S. safety regulators. Of those, 38 — or 5% — had "findings" requiring repairs. Airlines are under orders to inspect certain Boeing 737 NG planes for cracking in a part that helps keep wings attached to the fuselage. Boeing declined to identify which airlines found problems,...

Traveller SEA (South-East Asia) is for wanderlust looking for an adventure in the South-East Asia region and the rest of the world.

Contact us: sales@tvlseacom.com