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

Latest News

The Latest: UN chief calls for 'maximum restraint' in Gulf

Jul 22, 2019

DUBAI, United Arab Emirates — The Latest on the tensions between the United States and Iran (all times local): 10:45 p.m. U.N. Secretary-General Antonio Guterres is again calling for "maximum restraint" in the Persian Gulf region and warning all parties that a new confrontation "would be a catastrophe." U.N. deputy spokesman Farhan Haq reiterated the U.N. chief's plea to avoid any escalation when asked Thursday for Guterres' reaction to Britain saying Iranian vessels tried to block one of its oil tankers in the Gulf. Haq said the U.N. hopes all nations "will take steps to avoid" an escalation and confrontation....

Egypt demands Christie's halt auction of King Tut statue

Jul 22, 2019

CAIRO — Egypt has tried to halt the auction of a 3,000-year-old stone sculpture of the famed boy pharaoh Tutankhamun at Christie's in London, while the auction house said its sale was legal. The statue — a brown quartzite head depicting King Tut — is scheduled to be auctioned off in July, and could generate more than $5 million, according to Christie's. The artifact features King Tut's full mouth with slightly drooping lower lips and almond-shaped eyes. For many, King Tut is the ultimate symbol of ancient Egypt's glory. Howard Carter discovered the pharaoh's nearly intact tomb in 1922 in...

Turkey's Erdogan witness in footballer Mesut Ozil's wedding

Jul 22, 2019

ISTANBUL — Turkey President Recep Tayyip Erdogan was in the wedding party as Arsenal midfielder Mesut Ozil tied the knot on Friday. State-run Anadolu news agency said Erdogan and his wife, Emine, were legal witnesses for Ozil, who married model, actress and former Miss Turkey Amine Gulse in Istanbul. Secular Turkish weddings require a witness each for the bride and groom. Ozil, a German player of Turkish descent, quit Germany's soccer team last year after he was criticized for posing for a photograph with Erdogan before the World Cup. In his international retirement announcement, Ozil accused the German football federation,...

Protesters in Iran, Iraq burn Israel, US flags on 'Quds Day'

Jul 22, 2019

TEHRAN, Iran — Iranians in the capital Tehran set fire to effigies of U.S. President Donald Trump, while in the Iraqi capital, Iran-backed militiamen marched over a large Israeli flag as part of rallies Friday marking Quds, or Jerusalem Day. The annual protests come as the Trump administration tries to market its long-awaited Israeli-Palestinian peace plan. Held each year on the last Friday of the Muslim holy fasting month of Ramadan, Iran has marked Quds Day since the start of its 1979 Islamic Revolution by the late Ayatollah Ruhollah Khomeini. Al-Quds is the Arabic name for Jerusalem, and Iran says...

Ramadan in Mideast is for fasting and Facebook, data shows

Jul 22, 2019

DUBAI, United Arab Emirates — The Muslim holy month of Ramadan, with its long days of fasting and prayer meant to draw worshippers closer to God and away from worldly distractions, is being reshaped by technology. People in the Middle East spend close to 58 million more hours on Facebook during Ramadan and watch more YouTube videos — everything from beauty tips and recipes to sports and TV dramas — than any other time of the year, making the holy month not only the most important one for Muslims, but also the prime time of the year for advertisers. For...

About Us

Originally founded in 2015, Voyage Times publishes articles on travel and lifestyle for travelers, leisure seekers, and culture hunters from around the world.

Contact us: sales[at]voyagetimes.com

Subscribe Now!

Quick Links

HomePress