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Dive Summary:
- Cal Freight Holdings acquired a former Ruan terminal last month in Tulare, Calif., at 754 S. Blackstone St.which has truck parking, an office and a store building, according to county deed. The buyer has the same address as the California Freight carrier.
- The transfer tax on the sale was $5,830, according to a Tulare County Clerk employee. That suggests California Freight bought the property for $5.3 million. Ruan procurement coordinator Brandon Timmerman confirmed the sale.
- The trucking facility was up for sale as Ruan laid off workers and closed its Central San Joaquin Valley location and another property in Turlock, Calif., in early 2024, the company said.
Dive Insight:
Ruan purchased Tulare-based Kings County Truck Lines in 2006, securing the terminal, along with 11 others throughout California, Oregon, Idaho and Arizona.
The expansion meant there were about 500 Ruan bulk tank drivers in the coverage area at one point, according to Teamsters spokesman Odus Hall. He is the business agent of Local 948, according to a website of the association and organizational deposit.
But downsizing has happened over the years, Hall told Trucking Dive in February. Ultimately, layoffs from Iowa-based Ruan closed the two sites in early January.
Ruan was unable to secure an interest rate high enough to justify continuing a contract with a dairy cooperative called California Dairies Inc., Hall said.
The carrier guaranteed pay for two months before the layoffs, he said.