Jett has two decades of experience working in the transportation and logistics space, guiding multiple startups from ideation stages through to growth and scaling. But the experiences mowing grass and landscaping taught him a lesson that has stuck with him to this day. Were working with the top brands in the market. Our values unite us across continents and offices to stay focused and settle for nothing but the best from eachother. 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. 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. . The more we know and the more we talk to people, the more we can influence the market, McCandless says. Jett maintains relationships with many people -- family, friends, associates, & neighbors -- including Sandra Simons, , Birk Mccandless, Tina Terry and Jean Mccandless. Pretty sharp contrast to have happened in 45 days. 4,957 executive movements have been recorded in the last 12 months. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. Jett McCandless, project44s Founder and CEO, has seen the problems in the logistics and delivery space firsthand every day for 20years. Stay up-to-date with local business news and networking events from Smart Business. Its CEO is targeting logistics startups with good tech but lacking sales skills. 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. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. Weve been able to break through that barrier. . Target and Solo Cup are opening huge warehouses in the southwest suburbs, Widow of Richard Duchossois selling Inverness home, Four ways to get Michael Jordan's mansion sold at last, State Farm posts record $6.7 billion loss as inflation takes a toll, Walgreens Boots Alliance plans partial HQ sale. The journey to get here was anything from straightforward. When youre a small business, you own your job and you dont own a company. Jett McCandless 4d Report this post . 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Learn More. 130 E. Randolph St. Missing Crain's in print? 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 founder and CEO of project44, Jett has been named: , The Future of Logistics Real Estate Summit. A great broker is worth between 9-12 EBIT so what . In 2010, the company was sold to a private equity firm. googletag.enableServices(); 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. Year: Net Worth: 2019: $8 Million : 2020: $8.5 Million: 2021: 9 Million: 2022: Jett has lived in Bellevue, WA and Scottsdale, AZ in the past. E-mail oureditor googletag.pubads().collapseEmptyDivs(); Movies. 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 is co-founder of Chicago-based Blue Water Cos., an incubator with five firms, including transportation-related CarrierDirect. In the Logistics industry, Jett McCandless has 12,212 colleagues in 1,090 companies located in 102 countries. In January 2022, project44 received a $420M Investment led by Thoma Bravo, TPG, and Goldman Sachs valuing the business at $2.2B pre-money. The company is growing fast. Public Private. The idea is that the venture can become whatever you want it to be if you work hard enough. As the supply chain connective tissue, project44 optimizes the movement of products globally, delivering better resiliency, sustainability, and value for our customers. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Bean, Hasbro, Louis Vuitton, and many more high level clients across the full spectrum of the supply chain. What would you do? It's a great release and it really keeps me focused. Along the way, I can help people who are amazing and accomplish their own personal goals. Jett McCandless, Producer: Signing Out. 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. If you come to work for McCandless, you better be prepared to shed your blood, sweat and tears and not expect much in return, at least initially. window.googletag = window.googletag || {cmd: []}; Together, weve created the worlds leading Advanced Visibility Platform for shippers and logistics service providers. View their profile including current address, phone number 425-885-XXXX, background check reports, and property record on Whitepages, the most trusted online directory. Food Logistics 2022 Rock Star of the Supply Chain, Supply & Demand Chain Executives 2022 Pro to Know, Emergence Capitals Emergence Award Winner. Fill out the form below to speak with avisibility expert. project44 has launched Ocean Terminal Visibility to drive enhanced insights within ports and terminals. Save my name, email, and website in this browser for the next time I comment. (And if project44 is alittle long for you, we always answertop44.). The fact that McCandless did not earn a college degree is part of who he is, but it does not define who he is. Europe, Menlo Park, China), Where the person is located (e.g. I'd rather have 80 percent of a company worth $100 million than 100 percent of a company worth $5 million . I can just figure out a different way to do it. WTT is ranked in Apple Podcasts top-20 Business News 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()); To him, that speaks to the type of technology the company sells, but also the "hyper growth" he's aiming for. 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. But I can make some bad decisions today and have relatively few consequences the next day. From humble beginnings to historic growth and all the hurdles along the way, this is one you won't want to miss. At Project44, Jett McCandless has 31 colleagues including Stuart Larkins (Director), Joseph Floyd (Director) . We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. That is going to be interesting to watch. Jett's reported annual income is about $150 - 174,999; with a net worth that tops Greater than $499,999. }); 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. Jett's reported annual income is about $30 - 39,999; with a net worth that tops $25,000 - $49,999. Click below to see everything we have to offer. It was a much safer environment and let me focus on school. Sanni McCandless (born June 30, 1992) is famous for being instagram star. Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? When you spend time in nature your body becomes more in tune with the world. TV Shows. That's an unusual first name. Jett McCandless' Post. But afew decades after opening, the Main Street of America could no longer serve the growingdemand. The company generates more than $100 million in annual recurring revenue (ARR), the largest SaaS generation 2 . Project44 CEO Jett McCandless expects at least two more acquisitions in 2021 and between two and 10 next year. At 34, he calls himself a "grandpa" compared to his. I never drink coffee. 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. 1-877-812-1590, Gunman kills three at Michigan State; suspect found dead. 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. }); googletag.cmd.push(function() { If you have any expectation other than that is part of what is going to happen, you are setting yourself up to be a total failure., McCandless got his start in business at the age of 12 mowing lawns in his neighborhood. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing, We use cookies to provide you with a better experience. I just don't need something that calls my name every morning. Copyright 2022, All Rights Reserved, FreightWaves, Inc. We're here to help! Project44 has made two acquisitions so far this year in competitor ClearMetal and ocean shipping data specialist Ocean Insights. He started building companies like Inc 500 ranked advisory firm, Metafora (formerly CarrierDirect). One thing McCandless does provide his people is a stake in the company. McCandless said in the current environment and with the disruptions still mounting he has a pipeline 40 potential customers long. Angel, Fund of Funds, Venture Capital), Number of Investments the Individual has participated in, Announced Date: Date when the Investment is announced, Organization Name: Name of the organization that received the investment, Lead Investor: This field indicates whether an investor led/organized the investment, Funding Round: Name of the funding round where the Investment is made, Money Raised: Amount of money raised in Funding Round, Total number of current Jobs the person has, Organization Name: This is the name of the organization, Title At Company: Title of a Person's Job, Start Date: Start date of the Person's Job, CB Rank (Hub): Algorithmic rank assigned to the top 100,000 most active Hubs, Total number of events the individual appeared in, Number of news articles that reference the Person. Stay up to date with what you want to know. Bloomberg: Balance of Power focuses on the politics and policies being shaped by the agenda of President Biden's administration. McCandless says he gets incredible loyalty and drive out of his people who must put in the effort to earn the reward. Mom didn't want my nose to get broken, so I was only allowed to train. Peter Rentschler, CarrierDirect's managing director, will become its new CEO, McCandless said. I get challenged by a lot of other CEOs, McCandless says. Menu. My mom named me after my uncle, who was a boxer. E-mail oureditor 1-877-812-1590, The Most Powerful Women In Chicago Business. googletag.pubads().collapseEmptyDivs(); View this months Smart Business magazines on our easy to view, Digital Platform. Project44 is just one beneficiary of a wave of venture capital funding flowing into logistics. Route 66 yes, 66 is an American transportation icon rooted in Chicago, our hometown. Why? We make supply chains work. 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. googletag.cmd.push(function() { Staying current is easy with Crain's news delivered straight to your inbox, free of charge. He produces and co-hosts the hit podcast and FreightWavesTV show, WHAT THE TRUCK?!? Additionally, Jett has become a recognized thought leader with a track record of innovation and success. 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. That was his nickname in the ring. Address history shows that Jett also lived at 6120 E Shea Blvd, Scottsdale, AZ 85254. 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. PublicPrivate Court, Arrest or Criminal Records We have found at least 1 Court Record for Jett. 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. Project44 covers global freight movement, but there's always more data it can add to boost the accuracy of the information it churns out. 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). I pay my people hardly anything when they get started, McCandless says. In two years, the company grew to $35 million in revenue and now has $3.5 million in net profit. An adrenaline junkie, he likes heli-skiing, downhill mountain biking and surfing. 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. CarrierDirect is a thought leadership and consulting company that meets with CEOs and looks for ways to shape strategy based on the vision and imagination of the leader. Missing Crain's in print? With ateam of industry experts, technology visionaries and ambitious individuals, p44 is powering real-time, transparent and optimized shipping experiences. Through a strong will and deep determination, McCandless forged a career path that brought him to work for a third-party logistics provider. 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. This documentary-style series follows investigative journalists as they uncover the truth. 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. How did you get from food stamps and Section 8 housing in a sketchy Indianapolis neighborhood to business owner? 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. window.googletag = window.googletag || {cmd: []}; This ambitious new transportation infrastructure connected agrowing nation and supply chain. Freight tech startup Project44 raised a $202 million round at a $1.2 billion valuation this 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.. Jett McCandless has had a long and distinguished career for a man who is only in his forties. In two years, the company grew to $35 million in revenue and now has $3.5 million in net profit. Chicago, IL 60601 Who knew? He contrasts that with people who had a middle-class upbringing that was more comfortable. Jett McCandless is Founder and CEO of project44. TV Shows. Worldwide Express, Coyote Logistics, Echo Global and Con-Way. Manage Settings If I'm not careful I could get too busy making a living to live my life. Contact. I could use that to pay people and give them a $120,000 salary and give them their upside. Follow FreightWaves Insiders on Apple Podcasts I hope I have more vision than that. You have to find the right people who are willing to come in and make some sacrifices because they want to be part of something special. McCandless: In 2012, there was only one broker above $1 billion and that was CHRW. An example of data being processed may be a unique identifier stored in a cookie. His rise to the status of one of the worlds wealthiest people is a direct result of this success. Contact us at events@freightwaves.com for questions or concerns. 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. Jett's age is 65. Jett McCandless is known for Signing Out (2016) and Beta. project44 cemented its position as the #1 company in supply chain visibility with global port-to-door coverage across all modes of transportation. Instagram star and life coach who became known when she was a key player in the Academy Award winning documentary Free Solo. The residency of Jett is at 3602 140th Avn NE, Bellevue, WA 98005-1448. Five years ago, he launched software company Project 44, which is one of the reasons Chicago is getting noticed as a logistics-technology hub. Menu. Suite 3200 After raising more than $300 million in two rounds since December, Project44 is squarely in the "cashing in" camp. I hope I have more vision than that. That was four years ago. Jett Kain's Net Worth. Over 8.5M assets are tracked in their system across 48+ countries. Additionally, a person in the media and marketing would probably make about $100,000 and $90,000, respectively. Dooner has been in freight since 2005 and has held directors positions in operations, sales, consulting, and marketing. Sign up for notifications from Insider! He got his start in the trucking business on the. 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. Vision than that here to help Settings if I 'm not careful I use! And Beta whatever you want to know name every morning on Apple Podcasts I hope I have more than! Ocean insights and the more we know and the more we talk to people, Main! 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