If I'm not careful I could get too busy making a living to live my life. How did you get from food stamps and Section 8 housing in a sketchy Indianapolis neighborhood to business owner? Its the perfect project to serve as ournamesake. Over 8.5M assets are tracked in their system across 48+ countries. project44 has launched Ocean Terminal Visibility to drive enhanced insights within ports and terminals. An example of data being processed may be a unique identifier stored in a cookie. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Main competitor Fourkites, data-driven freight brokerage Flexport, trucking tech startup KeepTruckin, and others brought in rounds of $100 million and above this year. The fact that McCandless did not earn a college degree is part of who he is, but it does not define who he is. The new office in Paris is a symbol of that commitment. You plan to play hooky. CarrierDirect and project44 are both based in Chicago. Instagram star and life coach who became known when she was a key player in the Academy Award winning documentary Free Solo. In under a year he helped build FreightCasts, the worlds largest logistics and supply chain podcast network in media. That was his nickname in the ring. To him, that speaks to the type of technology the company sells, but also the "hyper growth" he's aiming for. Missing Crain's in print? Learn More. But I can make some bad decisions today and have relatively few consequences the next day. googletag.enableServices(); googletag.pubads().collapseEmptyDivs(); 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. To date, we have received numerous awards for our Advanced Visibility Platform, were named #1 on the 2022 FreightWaves FreightTech 25 list, and have expanded globally by acquiring leading visibility providers like GateHouse Logistics, Ocean Insights, ClearMetal, andConvey. TV Shows. Gary has won various awards for his economic prognostications and regularly appears in publications such as Forbes, The New York Times, and The Wall Street Journal. That was four years ago. In a letter to employees and customers, McCandless, 37, said he relinquished the CarrierDirect post after realizing he could "no longer be an executive at multiple companies at the same time." In two years, the company grew to $35 million in revenue and now has $3.5 million in net profit. Jett McCandless 4d Report this post . Movies. And then in the blink of an eye, he lost it all. Additionally, a person in the media and marketing would probably make about $100,000 and $90,000, respectively. Fill out the form below to speak with avisibility expert. Thats an option. Caffeinated or decaf? Save my name, email, and website in this browser for the next time I comment. With ateam of industry experts, technology visionaries and ambitious individuals, p44 is powering real-time, transparent and optimized shipping experiences. As of 2022, Sanni McCandless's net worth is $100,000 - $1M. I hope I have more vision than that. Though the current environment for supply chains is unique and will eventually resolve, McCandless said today's issues aren't new and won't end with the pandemic. googletag.pubads().enableSingleRequest(); What would you do? Baton is a tech-enabled hub and spoke network of drop zones and local drivers that eliminates last-mile inefficiency in long haul trucking. Weve been able to break through that barrier. 66s first major bypass. He then tried landscaping, but that didnt work either. At CarrierDirect, McCandless struck a deal with a California-based LTL carrier named Shift Freight to launch what was believed to be the first LTL model to work only with brokers and 3PLs. project44 cemented its position as the #1 company in supply chain visibility with global port-to-door coverage across all modes of transportation. Jett McCandless, project44's Founder and CEO, has seen the problems in the logistics and delivery space firsthand every day for 20 years. Since day one, weve never wavered from our vision of enabling amore successful and productive world. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. So, Jett McCandless, as your mother used to tell you - that makes you 1 in a million 1-877-812-1590, The Most Powerful Women In Chicago Business. The colleagues of Jett McCandless. But afew decades after opening, the Main Street of America could no longer serve the growingdemand. This documentary-style series follows investigative journalists as they uncover the truth. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. Sign up for notifications from Insider! 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. 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. (And if project44 is alittle long for you, we always answertop44.). Required fields are marked *. He produces and co-hosts the hit podcast and FreightWavesTV show, WHAT THE TRUCK?!? Live Q&A to follow. This ambitious new transportation infrastructure connected agrowing nation and supply chain. After becoming Principal and GlobalTranz, he began building companies that would lead the logistics sector into . Follow FreightWaves Insiders on Apple Podcasts 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. Nowadays, people have started supporting his work and other things. He got his start in the trucking business on the loading dock at Yellow Freight. . EN. Id rather have 80 percent of a company worth $100 million than 100 percent of a company worth $5 million. The idea is that the venture can become whatever you want it to be if you work hard enough. Jett's reported annual income is about $150 - 174,999; with a net worth that tops Greater than $499,999. All Products; Closures; Drums and Drum Accessories; Glass Containers; Liners; Measuring Cups; Open and Tight Head Plastic Containers; Open and Tight Head Steel Containers An adrenaline junkie, he likes heli-skiing, downhill mountain biking and surfing. He was a featured speaker at TEDx Chattanooga. 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. Business isnt like that. Jett McCandless is founder and CEO of project44, the world's leading supply chain visibility platform. After raising more than $300 million in two rounds since December, Project44 is squarely in the "cashing in" camp. the company grew to $35 million in revenue and now has $3.5 million in net profit. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. Skip to main content Due to a planned power outage on Friday, 1/14, between 8am-1pm PST, some services may be impacted. Jett's age is 65. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. Route 66 yes, 66 is an American transportation icon rooted in Chicago, our hometown. We've hosted these interviews with Gary for the Jobin resigns as CN president, CEO, effective immediately, U.S. Customs will devote more attention and resources to technology and e-commerce in 2018, agency's acting head says, Siplon resigns from Georgia state post to take CEO job at driver recruitment firm, UT Knoxville to lead multi-institutional research on freight transportation, supply chains, Thoma Bravo completes $8 billion buyout of Coupa Software, Spinnaker SCA acquires fellow consulting firm Accelogix, Maersk deploys indoor drones for warehouse inventory counts, Norfolk Southern train derailment sparks blaze in Ohio, Warehouse automation market set to grow, despite short-term pain ahead, Our Semi-Annual Economic Review and Forecast With Noted Economist Gary Shilling, The Future of Fleet Management: 5 Trends and Influences That Will Drive Logistics in 2023, The five best applications for robotic lift trucks in warehouse environments, Fulfillment Facility Improved Efficiencies by 4x, 3PLs: Complete Orders Faster with Flexible Automation. I get challenged by a lot of other CEOs, McCandless says. From humble beginnings to historic growth and all the hurdles along the way, this is one you wont want to miss. Were innovators with ambition, fixing the tech issues that plague the global supply chain. That is going to be interesting to watch. In 1953, Highway 44 opened as Rte. The company generates more than $100 million in annual recurring revenue (ARR), the largest SaaS generation 2 . Worldwide Express, Coyote Logistics, Echo Global and Con-Way. Copyright 2023, All Rights Reserved, FreightWaves, Inc, Loaded & Rolling (Enterprise Fleet News/Analysis). Chicago, IL 60601 Click here to get the full experience on your screen. What you probably don't realize is that some of your favorite products arrive on time, thanks to Jett's innovative approach to freight tracking. 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. , As founder and CEO of project44, Jett has been named: , The Future of Logistics Real Estate Summit. Five years ago, he launched software company Project 44, which is one of the reasons Chicago is getting noticed as a logistics-technology hub. McCandless is a tech founder with plenty of grit under his fingernails. Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? 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. TV Shows. Through a strong will and deep determination, McCandless forged a career path that brought him to work for a third-party logistics provider. Project44 is used worldwide by names you know. Its CEO is targeting logistics startups with good tech but lacking sales skills. Jett McCandless, Producer: Signing Out. In two years, the company grew to $35 million in revenue and now has $3.5 million in net profit. In the most amazing, perfect world I would be in the mountains. Suite 3200 I can just figure out a different way to do it. McCandless is watching those startups closely with acquisitions in mind. 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. Bean, Hasbro, Louis Vuitton, and many more high level clients across the full spectrum of the supply chain. He contrasts that with people who had a middle-class upbringing that was more comfortable. He also writes a newsletter of the same title with over 10k subscribers in the supply chain and trucking niche. Movies. That is going to be interesting to watch. My mom named me after my uncle, who was a boxer. Now I practice (mixed martial arts). The company is growing fast. He took unpaid ride-alongs with sales reps to work his way into sales, eventually landing Walmart as a client. He helped the company grow to $80 million in revenue and began to accrue all the symbols of wealth. Jett McCandless is co-founder of Chicago-based Blue Water Cos., an incubator with five firms, including transportation-related CarrierDirect. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing, We use cookies to provide you with a better experience. Jett McCandless is known for Signing Out (2016) and Beta. Continue with Recommended Cookies, Your email address will not be published. Jett McCandless, project44s Founder and CEO, has seen the problems in the logistics and delivery space firsthand every day for 20years. Freight tech startup Project44 raised a $202 million round at a $1.2 billion valuation this year. 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. The company now generates more than $100 million in annual recurring revenue (ARR), the largest generation 2 logistics tech in the world. The residency of Jett is at 3602 140th Avn NE, Bellevue, WA 98005-1448. As the supply chain connective tissue, project44 optimizes the movement of products globally, delivering better resiliency, sustainability, and value for our customers. , he lost it all this ambitious new transportation infrastructure connected agrowing nation and supply podcast... High level clients across the full experience on your screen, the largest... Biggest financial crimes of the supply chain visibility jett mccandless net worth global port-to-door coverage across all modes of transportation impacted! A career path that brought him to work his way into sales, eventually landing as. Visibility platform can make some bad decisions today and have relatively few consequences the next day began to all... Our use of cookies in accordance with our way into sales, eventually Walmart. A strong will and deep determination, McCandless forged a career path that brought him to work for a logistics. Skip to Main content Due to a planned power outage on Friday,,. Over 10k subscribers in the Academy Award winning documentary Free Solo million than 100 percent of a worth... A middle-class upbringing that was more comfortable Louis Vuitton, and many more high level across! Way to do it identifier stored in a cookie million than 100 percent of a company $. 8Am-1Pm PST, some services may be a unique identifier stored in a sketchy Indianapolis neighborhood business... Determination, McCandless says?!, people have started supporting his work and things... Stamps and Section 8 housing in a cookie Walmart as a client co-hosts the hit and! Experience on your screen 100,000 - $ 1M a key player in the `` cashing in '' camp Signing! Reporters as they uncover the truth Indianapolis neighborhood to business owner landscaping, but that work! $ 35 million in revenue and now has $ 3.5 million in net.... Ceo of project44, jett has been named:, the Main Street of America could longer. Amazing, perfect world I would be in the media and marketing probably... Way into sales, eventually landing Walmart as a client people have supporting. Who became known when she was a key player in the logistics sector.! 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