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Jan 9, 2013 8:25 AM

John Ruan III, chairman of Ruan Transportation Management  Systems Inc, was inducted in the Iowa Business Hall of Fame recently. This  award recognizes outstanding leaders who have made significant contributions to  business and community development in Iowa.

 Ruan took over as chairman of the Ruan family trucking  business in 1998, which was started by his father 80 years ago and grew to  become one of the top 10 privately owned transportation businesses in the  nation. John Ruan III also serves as chairman of Concentric International Inc,  chairman of City Center Corporation, and chairman of BTC Financial Corp and  Bankers Trust Company NA. He recently served as chairman of the US Chamber of  Commerce in Washington DC, and remains chairman of the Executive Committee for  the US Chamber.

Ruan also serves as the chairman for the World Food Prize  Foundation, an international organization with deep family ties. The prize,  established in 1986 by Dr Norman Borlaug, recognizes achievements of  individuals who have advanced human development by improving the quality,  quantity, or availability of food in the world. It was Ruan III’s vision,  leadership, and financial contribution that paved the way for the  transformation of the century-old Des Moines Public Library into the $29.8  million Norman E Borlaug World Food Prize Hall of Laureates, which opened in  October 2011.