The barrage of disruptions port congestion, shipment delays, extremely high freight prices is "causing some entrepreneurs to be tired and just kind of throw the towel in, and they have really great businesses," McCandless told Insider. Join us for a live webinar on Jan 12 to hear Tom Enright, VP Retail Supply Chain at Gartner and Bart De Muynck, Chief Industry Officer at project44 talk about Solving the Inventory Equation. In the most amazing, perfect world I would be in the mountains. Together, weve created the worlds leading Advanced Visibility Platform for shippers and logistics service providers. Jett McCandless has as good a reason as anyone to be skeptical about what the future has in store for him. 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. As the supply chain connective tissue, project44 optimizes the movement of products globally, delivering better resiliency, sustainability, and value for our customers. Jett McCandless 4d Report this post . Learn More. EN. . The Chicago-based startup specializes in bringing much-needed visibility to the traditionally opaque world of shipping container movements. Skip to main content Due to a planned power outage on Friday, 1/14, between 8am-1pm PST, some services may be impacted. McCandless disagreed with the terms of the deal and was fired. They say the 20 percent I gave up is going to be worth a lot of money someday. Weve been able to break through that barrier. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. San Francisco Bay Area, Silicon Valley), This describes the type of investor the person is (e.g. By helping people accomplish their goals to be part of something special, Im able to accomplish my goals.. CarrierDirect and project44 are both based in Chicago. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Today, McCandless is once again riding high as founder and CEO of CarrierDirect LLC, a consulting and sales company in the transport and logistics industry. 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. McCandless is a tech founder with plenty of grit under his fingernails. Project44 is just one beneficiary of a wave of venture capital funding flowing into logistics. window.googletag = window.googletag || {cmd: []}; 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. Year: Net Worth: 2019: $8 Million : 2020: $8.5 Million: 2021: 9 Million: 2022: "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 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. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot2', [[468, 60], [728, 90], [300, 100], [320, 50]], 'div-gpt-ad-1665767472470-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); As of 2022, Sanni McCandless's net worth is $100,000 - $1M. You plan to play hooky. The colleagues of Jett McCandless. Are you there? Project44 CEO Jett McCandless expects at least two more acquisitions in 2021 and between two and 10 next year. You cannot be great, you cannot accomplish anything amazing if you live your life in fear that youll have a failure or a mistake, McCandless says. }); Dooner is an award-winning podcaster, content producer and host who is currently the director of audio at FreightWaves and the creative director of Back The Truck Up. Freight tech startup Project44 raised a $202 million round at a $1.2 billion valuation this year. He took unpaid ride-alongs with sales reps to work his way into sales, eventually landing Walmart as a client. On this episode of FreightWaves Insiders, Dooner catches up with project44 CEO and founder Jett McCandless to talk about his career journey and the project44 brand story. At each company and in every customer interaction, he knew the right technology could transform an industry that moves nearly $16.4 trillion worth of cargo every year in the U.S.alone. Pretty sharp contrast to have happened in 45 days. McCandless called Project44 a "generation two logistics company." Stay up to date with what you want to know. He helped the company grow to $80 million in revenue and began to accrue all the symbols of wealth. 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. This ambitious new transportation infrastructure connected agrowing nation and supply chain. E-mail oureditor Moreover, he is an active . Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. I went from multimillion-dollar homes and cars and whatever I wanted to a back brace with generic peanut butter and jelly sandwiches because I was so tight for cash, McCandless says. Today, McCandless is once again riding high as founder and CEO of CarrierDirect LLC, a consulting and sales company in the transport and logistics industry. To understand Jett's wealth, one must take into account his various sources of income. Jett maintains relationships with many people -- family, friends, associates, & neighbors -- including Sandra Simons, , Birk Mccandless, Tina Terry and Jean Mccandless. KTS KTS:pd3111028-qq-e-d-61k: PD JZX110 3111028S DIXCEL - - PayPay ,, . McCandless cites studies that show many entrepreneurs came from backgrounds like he did where they had very little growing up, but made themselves into a success. googletag.enableServices(); 130 E. Randolph St. I can just figure out a different way to do it. googletag.cmd.push(function() { To improve lives everywhere by creating aconnected, predictable, and sustainable world. An example of data being processed may be a unique identifier stored in a cookie. A great broker is worth between 9-12 EBIT so what . Founder and CEO, project44. His achievement stems from the ascension of diligent labor. Terry T Mccandless, Marylou L Moris, and two other persons are connected to this place. Next, he founded project44the worlds leading supply chain visibility platform. Additionally, a person in the media and marketing would probably make about $100,000 and $90,000, respectively. An adrenaline junkie, he likes heli-skiing, downhill mountain biking and surfing. Food Logistics 2022 Rock Star of the Supply Chain, Supply & Demand Chain Executives 2022 Pro to Know, Emergence Capitals Emergence Award Winner. We and our partners use cookies to Store and/or access information on a device. That was his nickname in the ring. 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. Their latest investment was Pre Seed Round - Interstate Health Systems on Nov 16, 2022, when Exits Number of Exits 1 Jett McCandless has 1 exit - Baton. In two years, the company grew to $35 million in revenue and now has $3.5 million in net profit. Menu. Mom didn't want my nose to get broken, so I was only allowed to train. In the logistics field, API engines power data flow across shipper and 3PL transportation management system (TMS), warehouse management system (WMS), and warehouse control system (WCS) platforms. His next few acquisitions will be aimed at cracking the evergreen problems that customers struggle with in any shipping environment. McCandless said in the current environment and with the disruptions still mounting he has a pipeline 40 potential customers long. Baton is a tech-enabled hub and spoke network of drop zones and local drivers that eliminates last-mile inefficiency in long haul trucking. Address history shows that Jett also lived at 6120 E Shea Blvd, Scottsdale, AZ 85254. Missing Crain's in print? Its CEO is targeting logistics startups with good tech but lacking sales skills. Your email address will not be published. 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. Under Jett's leadership, project44 has grown into a $2.4 billion "unicorn" that tracks over 1 billion shipments annually in 170+ countries for over 1,200 leading brands. 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. He has steered multiple companies through accelerated growth, providing the logistics space with expertise and innovation along the way. Jett McCandless is known for Signing Out (2016) and Beta. Main competitor Fourkites, data-driven freight brokerage Flexport, trucking tech startup KeepTruckin, and others brought in rounds of $100 million and above this year. Pre Seed Round - Interstate Health Systems, SaaS Companies With Less Than $1B in Revenue (Top 10K), Supply Chain Management Companies With More Than 10 Employees (Top 10K), Midwestern US Companies With More Than $1M in Revenue (Top 10K), Freight Service Companies With More Than 100 Employees, Illinois Companies With Less Than $10M in Revenue (Top 10K), Private Greater Chicago Area Companies (Top 10K), Greater Chicago Area Supply Chain Management Companies, Greater Chicago Area Companies With More Than 10 Employees (Top 10K), Number of portfolio companies associated to the Person, The organization associated to the person's primary job, Where the person is located (e.g. Jett McCandless, Project44 Inc: Profile and Biography - Bloomberg Markets Bloomberg Sign In Subscribe Live Now Bloomberg TV+ Bloomberg Technology The only daily news program focused exclusively. Jett is now single. Jett McCandless is founder and CEO of project44, the world's leading supply chain visibility platform. 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