Frey & Sons Auctioneers held a one-owner, absolute auction in Akron, Ohio, on Aug. 18. The auction was conducted for J & J Elite Transportation as the company scales back operations in view of retirement.
Reflecting the industry-wide strong demand for transportation equipment, bidding for the company's lineup of well-maintained dump trucks, semi-trucks and dump trailers was robust. While the auction attracted a significant crowd of onsite bidders, the sale drove heavy online bidding as well.
Based in Archbold, Ohio, Frey & Sons is a family-owned business with three generations of involvement in the company, providing real estate brokerage services, equipment appraisal services and site based and online equipment auctions throughout the year.
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