We and our partners use cookies to Store and/or access information on a device. But the experiences mowing grass and landscaping taught him a lesson that has stuck with him to this day. Jett is an established Chicago leader with a track record of success. McCandless disagreed with the terms of the deal and was fired. I just don't need something that calls my name every morning. Jett McCandless: There is kind of a running joke among many of the industry stakeholders I speak with, along the lines of "flat is the new growth." It is kind of interesting if you compare the same mode year-over-year, it looks relatively flat. Despite the ups and downs, McCandless says he never lost faith that he would be OK. Jett's age is 65. A great broker is worth between 9-12 EBIT so what . He produces and co-hosts the hit podcast and FreightWavesTV show, WHAT THE TRUCK?!? WTT is ranked in Apple Podcasts top-20 Business News podcasts. Anthony Pompliano Net Worth Phone Number, House Address, Wiki, Ashley Massengill Net Worth | Bio, Family, Address, Career, Atlas Monroe Net Worth | Age, Height, Weight, Dating And More, Beyonce S Net Worth Phone Number, House Address, Wiki, Blue Ivy Net Worth Phone Number, House Address, Wiki. Your email address will not be published. The Chicago-based startup specializes in bringing much-needed visibility to the traditionally opaque world of shipping container movements. Mom didn't want my nose to get broken, so I was only allowed to train. The company is growing fast. The journey to get here was anything from straightforward. Freight tech startup Project44 raised a $202 million round at a $1.2 billion valuation this year. Sometimes, I see people who are very well-educated and they are so conditioned that getting the wrong answer makes them a failure that they never do anything exciting in their life. The new office in Paris is a symbol of that commitment. Additionally, Jett has become a recognized thought leader with a track record of innovation and success. Food Logistics 2022 Rock Star of the Supply Chain, Supply & Demand Chain Executives 2022 Pro to Know, Emergence Capitals Emergence Award Winner. Live Q&A to follow. One of the logistics technology field's more visible players, Jett McCandless, said today he has resigned as CEO of CarrierDirect, LLC, a less-than-truckload (LTL) sales firm and consultancy he founded, to devote his full time to project44, a company he co-founded to serve as the backbone for data exchange across multiple platforms. googletag.pubads().enableSingleRequest(); Jett McCandless Founder and CEO of project44 | Transforming Logistics and Transportation View articles by Jett McCandless ClearMetal Joins the project44 team May 27, 2021 423 likes45 comments. Additionally, a person in the media and marketing would probably make about $100,000 and $90,000, respectively. It was a much safer environment and let me focus on school. I pay my people hardly anything when they get started, McCandless says. gptAdSlots.push(gptSlot); You plan to play hooky. After becoming Principal and GlobalTranz, he began building companies that would lead the logistics sector into . Jett McCandless, project44s Founder and CEO, has seen the problems in the logistics and delivery space firsthand every day for 20years. 66s first major bypass. Jett McCandless has as good a reason as anyone to be skeptical about what the future has in store for him. One of the logistics technology field's more visible players, Jett McCandless, said today he has resigned as CEO of CarrierDirect, LLC, a less-than-truckload (LTL) sales firm and consultancy he founded, to devote his full time to project44, a company he co-founded to serve as the backbone for data exchange across multiple platforms. We make supply chains work. He has worked with FedEx, Reebok, Adidas, L.L. Jett is now single. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. Jett has lived in Bellevue, WA and Scottsdale, AZ in the past. googletag.cmd.push(function() { He helped the company grow to $80 million in revenue and began to accrue all the symbols of wealth. Were innovators with ambition, fixing the tech issues that plague the global supply chain. I can make a lot of bad decisions, and if I make too many bad decisions, Ill bankrupt my company. I pay my mom's mortgage and I bought her a car. Copyright 2023. "I think many of the problems we have today, they go through cycles and they may manifest for different reasons in the future, but they tend to always be there," he said. Jett has built his expertise in transportation, logistics, and SaaS technology, and decided to create project44 to connect transportation networks in real-time and deliver seamless interoperability between carriers, shippers, LSPs, systems, and customers. Extending from each end of the supply chain may be a top aim, but Project44's deals won't be a way to buy more market share. The fact that McCandless did not earn a college degree is part of who he is, but it does not define who he is. It's a great release and it really keeps me focused. Jett McCandless is known for Signing Out (2016) and Beta. Instagram star and life coach who became known when she was a key player in the Academy Award winning documentary Free Solo. But afew decades after opening, the Main Street of America could no longer serve the growingdemand. But I've got a girlfriend, four houses and I make sure my liquid assets are in the seven digits. I would go wakeboarding. , As founder and CEO of project44, Jett has been named: , The Future of Logistics Real Estate Summit. (And if project44 is alittle long for you, we always answertop44.). In two years, the company grew to $35 million in revenue and now has $3.5 million in net profit. PublicPrivate Court, Arrest or Criminal Records We have found at least 1 Court Record for Jett. It has more than 200 employees and raised $80 million last year. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Five years ago, he launched software company Project 44, which is one of the reasons Chicago is getting noticed as a logistics-technology hub. Most of them continue to be middle class, McCandless says. EN. The company has already made two acquisitions in 2021, and is aiming for two more. (Podcast), Chief Executive Officer/Founder, Project44 Inc. API systems, which function in a manner similar to the engines that support online travel booking sites like Kayak and Travelocity, have become increasingly critical in quickly linking supply chains with accurate, real-time data. January 11, 2022 - Jett McCandless interview on Bloomberg TV discusses how project44 helps the world's largest brands optimize the shipments of products globally and become more resilient in. . Were working with the top brands in the market. He's building a dedicated M&A team. In June 2021, project44 announced closing aSeries Einvestment of $202 Million led by funds managed by Goldman Sachs Asset Management (Goldman Sachs) and Emergence Capital, valuing the company at $1.2 Billion. Bloomberg: Balance of Power focuses on the politics and policies being shaped by the agenda of President Biden's administration. The Most Powerful Women In Chicago Business. My mom named me after my uncle, who was a boxer. Jett McCandless, Producer: Signing Out. His next few acquisitions will be aimed at cracking the evergreen problems that customers struggle with in any shipping environment. They make $150,000 or $300,000 a year, but the idea that they would start their own business and it might not work is too risky for them. The more we know and the more we talk to people, the more we can influence the market, McCandless says. He contrasts that with people who had a middle-class upbringing that was more comfortable. In the Logistics industry, Jett McCandless has 12,212 colleagues in 1,090 companies located in 102 countries. After years of running successful supply chain start-ups, his passion for logistics and technology led him to launch project44, the only 100% digital supply chain visibility provider. Manage Settings Fill out the form below to speak with avisibility expert. Jett's reported annual income is about $150 - 174,999; with a net worth that tops Greater than $499,999. The company now generates more than $100 million in annual recurring revenue (ARR), the largest generation 2 logistics tech in the world. Jett Mccandless overall profits are growing every day, and he's also gaining a lot of attention from the public. Together, weve created the worlds leading Advanced Visibility Platform for shippers and logistics service providers. Jett McCandless is founder and CEO of project44, the world's leading supply chain visibility platform. Along the way, I can help people who are amazing and accomplish their own personal goals. Jett McCandless has had a long and distinguished career for a man who is only in his forties. Weve been able to break through that barrier. Jett McCandless is known for Signing Out (2016) and Beta. With ateam of industry experts, technology visionaries and ambitious individuals, p44 is powering real-time, transparent and optimized shipping experiences. After becoming Principal at GlobalTranz, a company with gross annual revenue of $500 million, Jett sold his stake in the company to pursue his own ventures. There are companies getting close like Worldwide Express coming up on $700 million in revenue. Jett has two decades of experience working in the transportation and logistics space, guiding multiple startups from ideation stages through to growth and scaling. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. window.googletag = window.googletag || {cmd: []}; Suite 3200 It's a standard feature of a tech startup but a relatively new phenomenon in logistics, which has only attracted significant venture capital investment in the last five or six years. Suite 3200 Jett McCandless Founder and CEO of project44 | Transforming Logistics and Transportation Wilson, Wyoming, United States 21K followers 500+ connections Join to follow project44 About project44. That's an unusual first name. Main competitor Fourkites, data-driven freight brokerage Flexport, trucking tech startup KeepTruckin, and others brought in rounds of $100 million and above this year. Menu. At 34, he calls himself a "grandpa" compared to his. McCandless founded CarrierDirect in 2011, but stepped back from day-to-day management in 2014 after co-founding project44, whose automated programming interface (API) software connects shippers, LTL carriers, and third-party logistics providers (3PLs). Jett McCandless: There is kind of a running joke among many of the industry stakeholders I speak with, along the lines of "flat is the new growth." It is kind of interesting if you compare the same mode year-over-year, it looks relatively flat. I hope I have more vision than that. The core of our business model is we help good companies become great. In the most amazing, perfect world I would be in the mountains. He was a featured speaker at TEDx Chattanooga. He has steered multiple companies through accelerated growth, providing the logistics space with expertise and innovation along the way. I never drink coffee. When youre a small business, you own your job and you dont own a company. My mom remarried and we moved to Naperville when I was in high school. View their profile including current address, phone number 425-885-XXXX, background check reports, and property record on Whitepages, the most trusted online directory. Jett maintains relationships with many people -- family, friends, associates, & neighbors -- including Sandra Simons, , Birk Mccandless, Tina Terry and Jean Mccandless. Movies. Why? At 34, he calls himself a "grandpa" compared to his staff. Born in Chicago, the logistics capital of the world and one of the fastest-growing tech hubs, project44 now has team members across the U.S. and around the globe. After roughly 18 months of operating within a supply chain in disarray, Project44 CEO Jett McCandless said his fellow logistics technology startups are either cashing in, or tapping out. McCandless is a tech founder with plenty of grit under his fingernails. Save my name, email, and website in this browser for the next time I comment. Follow FreightWaves Insiders on Apple Podcasts. googletag.defineSlot('/21776187881/FW_Super_Leaderboard', [[300, 50], [970, 90], [300, 100], [728, 90]], 'div-gpt-ad-1668097889433-0').defineSizeMapping(gptSizeMaps.banner2).addService(googletag.pubads()); Together, weve created the worlds leading Advanced visibility Platform for shippers and logistics service.! President Biden 's administration of shipping container movements as anyone to be middle class, McCandless says in... 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