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

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

Nov 17, 2019

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

Nov 17, 2019

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...

Queen Latifah to receive Harvard black culture award

Nov 17, 2019

CAMBRIDGE, Mass. — Music artist and actress Queen Latifah is among the honorees being recognized by Harvard University for their contributions to black history and culture. Harvard is set to award the W.E.B. Du Bois Medal to Queen Latifah and six other recipients on Tuesday, according to the Cambridge, Massachusetts, school's Hutchins Center for African and African American Research. Other honorees include poet and educator Elizabeth Alexander, Secretary of the Smithsonian Institution Lonnie Bunch III, poet Rita Dove, co-founder of Black Entertainment Television Sheila Johnson, artist Kerry James Marshall and Robert Smith, founder, chairman and chief executive of Vista Equity...

The Latest: Japan's emperor proclaims ascension to throne

Nov 17, 2019

TOKYO — The Latest on Japanese Emperor Naruhito's enthronement ceremony (all times local): 1:20 p.m. Japan's Emperor Naruhito has proclaimed his ascension to the Chrysanthemum Throne at a palace ceremony. Tuesday's enthronement ceremony is the high point of succession rituals and confirms his succession in May after his father Akihito abdicated. Naruhito is the 126th emperor in the world's oldest hereditary monarchy that historians say dates back 1,500 years. The ceremony serves to showcase the monarchy to win public support and to preserve Japan's cultural heritage. It's also an occasion for diplomacy. Some 2,000 guests, including foreign dignitaries, were invited...

Road tripping Thailand: Weekend getaways to beat the crowds

Nov 17, 2019

BANGKOK — Thailand's southern beaches lure travelers with their turquoise water and dramatic limestone cliffs, but there's more to explore in the Southeast Asian country that's one of the world's most popular destinations. For a Thai road less traveled, try one of these getaways outside Bangkok, far from the overly Instagrammed backpacker hotspots or the party scene of Phuket or Pattaya. ___ BAN KRUT FOR THE BEACH BUM In laid-back Ban Krut, travelers will find one of the cleanest and quietest stretches of white sand within driving distance of the capital, Bangkok. This sleepy seaside community, known mostly by locals,...

To travel is to live. Unearth your next travel destination here with The Travel Trooper. We love what we do and looking forward to more #travelsquad joining us in this journey.

Contact us: sales@thetraveltrooper.com