Solar Transport Appoints New President
Des Moines, IA - March 29, 2018- Solar Transport, among the nation's best when it comes to tank-truck carriers and logistics providers, has announced the appointment of Rich Clair as President. In his new role, Mr. Clair will be responsible for driving transformational, scalable growth at Solar Transport.
"Rich has a proven track record of building growth-oriented logistics companies that deliver value to their associates, customers and shareholders," said Mike Clausen, Chief Direct Investments Officer of parent company Krause Holdings, Inc. "The depth and diversity of executive leadership experience Rich brings will allow Solar to further refine our position in the logistics marketplace."
Prior to joining Solar Transport, Mr. Clair was Chief Operating Officer and still sits on the Board of Directors at Trinity Logistics of Seaford, Delaware where he expanded earnings and revamped the company's strategic plan to focus on capital allocation, business development and technology. Mr. Clair has also served in other executive leadership positions at Highway Technologies, Mail Contractors of America, First Transit, Ryder Systems, and more during his 38-year transportation and logistics industry career. "My wife and I are thrilled to be part of this exciting opportunity to grow Solar's business with the company's associates and customers," said Mr. Clair.
"I am confident Rich's strategic, financial and operational strengths will position Solar to serve our associates, customers and parent company, now and well into the future as Solar Transport evolves." said Clausen. "I am pleased to have Rich on board and excited to see the positive changes the team will achieve under his leadership."
Mr. Clair has a Master of City Planning with a Transportation Concentration from Harvard University and a Bachelor's in Political Science from the University of Massachusetts.
About Solar Transport
For over 50 years, Solar Transport has strived to set the standard in how refined petroleum products such as gasoline, ethanol, diesel and jet fuel are managed, transported and delivered — helping customers become more productive and profitable. Solar Transport currently serves some of the largest convenience store chains in the nation from 27 terminals in 19 states, with regional offices in Iowa, Colorado, California and Missouri.
About Krause Holdings, Inc.
Krause Holdings, Inc., (KHI) is a Midwest U.S.-based parent company comprising a diverse set of domestic and international businesses. These companies include Kum & Go, L.C. — a convenience retail chain with more than 400 stores in 11 states, Solar Transport, and the Des Moines Menace F.C. Internationally, KHI is parent to the historic Enrico Serafino and Vietti wineries based in Piedmont, Italy. KHI also owns a significant commercial real estate portfolio in the United States.