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Next Traditional Company Collapses: Freight Forwarding in Fifth Generation in Insolvency

Summary by merkur.de
Another German company has slipped into insolvency. 161 employees of a traditional company from Upper Franconia now have to worry about their job.

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tz.detz.de
+4 Reposted by 4 other sources
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Another German company has slipped into insolvency. 161 employees of a traditional company from Upper Franconia now have to worry about their job.

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The logistics industry is in crisis. This is now felt by a traditional service provider. The company Leupold from the group of the same name wants to renovate itself.

The number of insolvencies of partnerships and corporations in Germany fell slightly in June. Nevertheless, the second quarter of 2025 exceeded the record levels of the previous quarter and saw the highest number of insolvencies since 2005, the Leibniz Institute for Economic Research Halle (IWH) announced on Tuesday. According to the IWH insolvency trend, the number of insolvencies of partnerships and corporations in Germany was 1,420 in June. T…

The transport company ended up with a debt of NOK 1.8 million.

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GF Logistikk has purchased parts of the estate following the bankruptcy of Tvedestrand Distribusjonsservice. After a failed merger, the eastern Norwegians will now continue to operate in Southern Norway under their own name, but with several of the same employees.

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www.t-online.de broke the news in on Sunday, July 6, 2025.
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