10 on Forbes list of Americas largest private companies. Konar joined Pilot in 2017 to grow its energy business. You'll have a number of other amenities, from showers to clean restrooms to merchandise. And public-private partnerships like this would be the way for us to move forward. If you dont innovate, you die, Konar told the newspaper. But what we are doing with GM and with EVgo is continuing to size the investment, based on the demand and the response we see in the market. SHAMEEK KONAR: You know, we've been-- at Pilot, we have this incredible network, where we can actually help solve range anxiety. "Union Pacific's restrictions will prevent Pilot from keeping many markets adequately supplied with DEF, likely causing shortages that will sideline trucks and reduce trucking capacity.". Through the correct market incentives and public policy, the federal government enabled us to provide biofuels cheaper to our customers, which has led to a significant adoption of biofuel. Pilot Company expects to sell 1 billion gallons of biofuels next year, Konar said. It reportedly paid $2.76 billion for a 38.6% share of Pilot in 2017. And the answer would be no, absolutely not. Representing NATSO was Pilot Company CEO Shameek Konar. Other family members will be involved as well including former Tennessee Gov. Jim Haslam founded the company in 1958 and his son, Jimmy Haslam, is currently Chairman after 25 years serving as CEO. He is currently chief strategy officer. This item is part of a JSTOR Collection. All rights reserved. Pilot Company remains family owned and operated with Shameek Konar as CEO since 2021. Founded in 1958 and headquartered in Knoxville, Tennessee, Pilot Company supplies more than 11 billion gallons of fuel per year and has an industry-leading network of more than 950 retail and fueling locations that offer a variety of products, amenities and innovative solutions to make road travel easier. Effective immediately, Konar will take on additional responsibilities, including the management of technology, HR, finance and legal. FedEx Chair and CEO Fred Smith pushed for lifting the ban on 33-foot truck trailers, saying that the nearly 40-year-old 28-foot limit is both outdated and environmentally unsound. CEO Jimmy Haslam named chairman; Chief Strategy Officer Shameek Konar named CEO. Shameek Konar Overview. So if I take an example, some of the big highways across the country-- so if you look at I-10, which goes all the way from LA to Jacksonville across the country, over 2,500 miles, if you look at Pilots-- we've got a Pilot, on average, every 50 miles from la, to Jacksonville. Stellantis Investing $155M in Three Indiana Plants. Konar also urged the committee to improve policies that incentivize liquid renewable fuels such as biodiesel, renewable diesel and ethanol. Farm Progress Show annually hosts more than 600 exhibitors displaying new farm equipment, tractors, combines and farm implements; seed and crop protection products; and many additional farm supplies and services. As a family operated company for 62 years, Founder James (Jim) Haslam and Jimmy Haslam will remain involved in the business as chairman emeritus and chairman, respectively. And based on our conversations, and based on where EVgo is in its kind of phase of growth, we thought they were the right partner for us. Farmers are feeling it when they fuel their tractors and purchase inputs that are manufactured and shipped because of the free flow of oil around the globe. Rep. Grace Napolitano has previously introduced an amendment to infrastructure legislation that would allow electric vehicle charging stations at rest areas located on the Interstate right-of-way. We were among the first university presses to offer titles electronically and we continue to adopt technologies that allow us to better support the scholarly mission and disseminate our content widely. The switch is already happening and will continue for the . "OF the 300 million gallons of DEF that Pilot supplies to the industry every year, 74% is moved by rail," Konar said. Nation's largest fuel retailer announces new . Pilot Company is currently ranked No. Pilot Company is currently ranked No. The company is moving closer to closing the factory. 2001 The MIT Press About 10 years ago biodiesel and biofuels were not [economically viable] and available in the market and our customers didnt want it, Konar said. Shameek Konar will be the fourth CEO of Pilot Company. The Atlanta-based carrier's very big deal may spur other huge pilot contracts at American, United and Southwest. Visit Pilot Company Listen to more FreightWaves Podcasts Subscribe on Apple Podcasts And we are going to size the number of chargers we put in these locations based on demand. As CEO, store operations and development will be added to Konars role in 2021. Konar cautioned that policies which allow electric vehicle charging stations at rest areas or permit utility companies to increase rates to all ratepayers to offset their consumer-facing EV charging station investments will discourage the private sector from investing in electric vehicle charging. from 8 AM - 9 PM ET. For one company, it was an opportunity to transform the way clinical trials are conducted, without sacrificing scientific rigor. And definitely, we're still way below 2019 levels, both at Pilots and across the country. A diesel engine without DEF will automatically shut down if it is not available. If you are stuck for 40 minutes in some place and it does not have a lot of amenities, it will be challenging.. As CEO, store operations and development will be added to Konar's role in 2021. FedEx CEO Fred Smith, meanwhile, touted longer truck trailers as a climate strategy. The company says it will create 3,000 jobs at an average rate of $33.49 per hour and invest $3.6 billion into the economy. Hints and clues to help you with today's Wordle. Shameek Konar is Former Chief Invsmt Ofcr/Global Head:Business Dev at Castleton Commodities Merchant TD LP. It has been called Dr. Seuss Day because of this. The companies were formed over a twenty year period with the most recent being incorporated one year ago in May of 2021. The Committee, which invited NATSO to testify, effectively kicked off the first of a series of hearings that will undoubtedly lay the groundwork for Congress to draft infrastructure legislation in the coming months. New China Committee Debuts with Eye on Major Policy Shifts. Utilities are best suited to perform the necessary generation development and power grid restructuring work through its regulated monopoly; however they should not be given a leg up over private companies seeking to enter the market for electric vehicle charging infrastructure that consumers use to power their vehicles. Konar further testified that U.S. diesel inventories are running 10-15% below their lowest point in the last five years, further exacerbating supply issues and raising the cost of diesel. Registered in England and Wales. 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By providing your email, you agree to our. Prior to joining CCI, Mr. Konar served as Chief Investment Officer of Mercuria Energy Trading where he oversaw mergers, acquisitions and operations of physical assets across the firm's merchant platform spanning Asia, the Americas and EMEA. The privately held travel center giant announced Tuesday that Chief Strategy Officer Shameek Konar has been tapped to become the new CEO. Youve gone from two minutes to fuel a car to 40 minutes or 30 minutes to charge your car. Related by Industry: Convenience Stores & Gas Stations. Pilot and Flying J CEO Shameek Konar recently testified before the Surface Transportation Board, telling members that the railway's request to significantly cut rail shipments or face embargo would cut tens of millions of truck miles from the highways at a time when driver shortages and truck availability is already tight. Responding to Rep. Grace Napolitano (D-Calif.) who asked whether Congress should allow electric vehicle charging at park and ride and rest areas as a means of reducing range anxiety, Konar said that providing customers with amenities and a safe place to refuel is key to encouraging the adoption of electric vehicles. The rest of Pilots leadership team will remain in place. It allegedly presents an unacceptable cancer risk to the nearby community. For all alerts and more info please 10 on Forbes list of Americas Largest Private Companies. Founded in 1958 and headquartered in Knoxville, Tennessee, Pilot Company supplies more than 11 billion gallons of fuel per year and has an industry-leading network of more than 950 retail and fueling locations that offer a variety of products, amenities and innovative solutions to make road travel easier. For additional photo and video assets, please visit this link. Konar has more than 20 years of experience in the energy and commodity market, specializing in acquisition and operations of energy assets. NATSO thinks that policies to advance the adoption of electric vehicles should foster a dynamic and competitive marketplace that encourages private sector investment in electric vehicle charging infrastructure, and avoid harming those businesses best positioned to accelerate EVs in the market. CEO Jimmy Haslam will transition to the fuel company's chairman of the board role beginning Jan. 1. What Could Elon Musk Possibly Be Thinking? CCI is headquartered in Stamford, Connecticut with offices in Calgary, Canada; Geneva, Switzerland; Houston, Texas; London, United Kingdom; Shanghai, China; Singapore; and Montevideo, Uruguay. The transition will take place over the rest of 2020, with leadership roles shifting on Jan. 1. 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