Stay up-to-date with local business news and networking events from Smart Business. E-mail oureditor Suite 3200 Delivering on our commitments to our customers is worth the investment. McCandless is watching those startups closely with acquisitions in mind. The Most Powerful Women In Chicago Business. My mom named me after my uncle, who was a boxer. 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. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. Jett McCandless is known for Signing Out (2016) and Beta. McCandless called Project44 a "generation two logistics company." Click here to get the full experience on your screen. He has worked with FedEx, Reebok, Adidas, L.L. }); 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. Nowadays, people have started supporting his work and other things. Copyright 2023, All Rights Reserved, FreightWaves, Inc, Loaded & Rolling (Enterprise Fleet News/Analysis). I can help them leave their legacy. Sign up for notifications from Insider! Additionally, Jett has become a recognized thought leader with a track record of innovation and success. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. View their profile including current address, phone number 425-885-XXXX, background check reports, and property record on Whitepages, the most trusted online directory. McCandless disagreed with the terms of the deal and was fired. In 2010, the company was sold to a private equity firm. Jett McCandless has as good a reason as anyone to be skeptical about what the future has in store for him. 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). }); googletag.cmd.push(function() { Menu. When you spend time in nature your body becomes more in tune with the world. Click here to get the full experience on your screen. To improve lives everywhere by creating aconnected, predictable, and sustainable world. At Project44, Jett McCandless has 31 colleagues including Stuart Larkins (Director), Joseph Floyd (Director) . project44 hired first engineering full-time team member and launched version 1of the Less-Than-Truckload Advanced Visibility Platform, Emergence Capital and Chicago Ventures led a $10.5 million Series Aventure capital investment, Expanded the Advanced Visibility Platform to include North American Truckload capabilities, Expanded the Advanced Visibility Platform to include North AmericanRail, OpenView led a $35 million Series Bventure capital investment, International and domestic Parcel functionality launched within Advanced Visibility Platform, Sapphire Ventures led a $45 million venture capital investment, Ranked second on the FreightTech 100list, Acquired GateHouse Logistics, opened first European office and expanded network coverage to 48 countries, Hit 200 full-time employees across theglobe, Expanded Advanced Visibility Platform to include Ocean and Port visibility, Launched two new purpose-built applications Visibility Operations Center and Network Management Center, Launched full lifecycle truckload automation capabilities, Ranked second on the FreightTech 100 list for the second consecutive year, Officially opened an office in Paris,France, Introduced industrys first carrier onboarding guarantee, Awarded an SAP Pinnacle Award as Cloud Integration Partner oftheYear, Introduced best-in-class certification forcarriers, Announced the industrys first global multimodal visibility platform, including air, groupage, and global ocean visibility, Announced Order and Inventory visibility solution, Ranked second on the FreightTech 100 list for the third consecutive year, Insight Partners led a $100 million Series Dventure capital investment, Acquired Ocean Insights to expand ocean visibility solution and globalreach, Google selects project44 as first real-time visibility provider for Google Cloud Supply Chain Visibility TwinSolution, Acquired Convey to extend project44s real-time visibility and exception management to last mile, including parcel, courier, white-glove doorstep delivery, and visibility into itemreturns, project44 was named aLeader in the G2 Fall 2021 Grid Report for Supply Chain Visibility Software, Named a2021 Customers Choice in the Gartner Peer InsightsVoice of the Customer report for Real-Time Transportation Visibility Platforms, Named #1 on the 2022 FreightWaves FreightTech 25list, Receives $420M Investment led by Thoma Bravo, TPG, and Goldman Sachs valuing the business at $2.2B pre-money. One thing McCandless does provide his people is a stake in the company. In January 2022, project44 received a $420M Investment led by Thoma Bravo, TPG, and Goldman Sachs valuing the business at $2.2B pre-money. He then tried landscaping, but that didnt work either. We and our partners use cookies to Store and/or access information on a device. Jett is now single. Movies. 4,957 executive movements have been recorded in the last 12 months. "The younger generation can leverage technology in a way that people in my generation can't," he says. McCandless said in the current environment and with the disruptions still mounting he has a pipeline 40 potential customers long. 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. Jett McCandless is known for Signing Out (2016) and Beta. googletag.cmd.push(function() { Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. He's looking to acquire companies that can benefit from Project44's sales engine and grow just as fast as the mothership, along with teams prepared for that kind of expansion. The residency of Jett is at 3602 140th Avn NE, Bellevue, WA 98005-1448. googletag.pubads().collapseEmptyDivs(); . 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. 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. EN. 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. Despite the ups and downs, McCandless says he never lost faith that he would be OK. Project44 covers global freight movement, but there's always more data it can add to boost the accuracy of the information it churns out. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. 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. Terry T Mccandless, Marylou L Moris, and two other persons are connected to this place. googletag.pubads().enableSingleRequest(); The colleagues of Jett McCandless. 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. , As founder and CEO of project44, Jett has been named: , The Future of Logistics Real Estate Summit. 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. Business isnt like that. Copyright 2022, All Rights Reserved, FreightWaves, Inc. We're here to help! Jett has two decades of experience working in the transportation and logistics space, guiding multiple startups from ideation stages through to growth and scaling. Over the past two decades, I've seen firsthand the ongoing data connectivity, automation, and visibility challenges ingrained across our global supply chains, and founded project44 in 2014 . All Products; Closures; Drums and Drum Accessories; Glass Containers; Liners; Measuring Cups; Open and Tight Head Plastic Containers; Open and Tight Head Steel Containers With ateam of industry experts, technology visionaries and ambitious individuals, p44 is powering real-time, transparent and optimized shipping experiences. 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, project44's Founder and CEO, has seen the problems in the logistics and delivery space firsthand every day for 20 years. For me, theres no shame in it not working out.. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. To understand Jett's wealth, one must take into account his various sources of income. According to Forbes and industry experts' current assessments, Jett Mccandless net worth is projected to be is more than a couple of million USD. Public Private. It has more than 200 employees and raised $80 million last year. McCandless expects at least two more in 2021 and between two and 10 next year. He started building companies like Inc 500 ranked advisory firm, Metafora (formerly CarrierDirect). Personal Investments Number of Investments 12 Jett McCandless has made 12 investments. 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. Click below to see everything we have to offer. The consent submitted will only be used for data processing originating from this website. 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. Jett McCandless' Post. 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Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? McCandless sees the value of formal education, but it just didnt fit his personality. 130 E. Randolph St. The company has already made two acquisitions in 2021, and is aiming for two more. E-mail oureditor NOW WATCH: Customers expect CEOs to take action against climate change now more than ever, Unilever executive says, raising more than $300 million in two rounds. Jett McCandless, 40 Co-founder, CEO, Project 44 John Pletz Tweet More McCandless is a tech founder with plenty of grit under his fingernails. He's building a dedicated M&A team of eight to 15 people. Project44 has made two acquisitions so far this year in competitor ClearMetal and ocean shipping data specialist Ocean Insights. I dont like that option. CarrierDirect and project44 are both based in Chicago. Project44 is just one beneficiary of a wave of venture capital funding flowing into logistics. Id rather have 80 percent of a company worth $100 million than 100 percent of a company worth $5 million. 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. . Now, by the end of this year, there will be several: CHRW, Coyote, TQL, XPO (which is over that in revenue but not in brokerage), and Echo. That is going to be interesting to watch. Peter Rentschler, CarrierDirect's managing director, will become its new CEO, McCandless said. googletag.pubads().enableSingleRequest(); Address history shows that Jett also lived at 6120 E Shea Blvd, Scottsdale, AZ 85254. Main competitor Fourkites, data-driven freight brokerage Flexport, trucking tech startup KeepTruckin, and others brought in rounds of $100 million and above this year. You plan to play hooky. 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. Since day one, weve never wavered from our vision of enabling amore successful and productive world. He helped the company grow to $80 million in revenue and began to accrue all the symbols of wealth. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. In the most amazing, perfect world I would be in the mountains. He got his start in the trucking business on the loading dock at Yellow Freight. 835 SHARON DRIVE, SUITE 200, CLEVELAND, OH 44145 |P: 800.988.4726 |PRIVACY POLICY. She currently resides in Chapel Hill, North Carolina, USA. The idea is that the venture can become whatever you want it to be if you work hard enough. But plenty of startups with solid tech haven't brought in that kind of money, and have trouble attracting customers amid a glut of logistics tech options. Worldwide Express, Coyote Logistics, Echo Global and Con-Way. 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. Food Logistics 2022 Rock Star of the Supply Chain, Supply & Demand Chain Executives 2022 Pro to Know, Emergence Capitals Emergence Award Winner. Our values unite us across continents and offices to stay focused and settle for nothing but the best from eachother. Learn More. Jett's reported annual income is about $30 - 39,999; with a net worth that tops $25,000 - $49,999. "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. 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. 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. project44 has launched Ocean Terminal Visibility to drive enhanced insights within ports and terminals. Through a strong will and deep determination, McCandless forged a career path that brought him to work for a third-party logistics provider. Manage Settings Moreover, he is an active . After becoming Principal and GlobalTranz, he began building companies that would lead the logistics sector into . As the supply chain connective tissue, project44 optimizes the movement of products globally, delivering better resiliency, sustainability, and value for our customers. So, Jett McCandless, as your mother used to tell you - that makes you 1 in a million Dooner has been in freight since 2005 and has held directors positions in operations, sales, consulting, and marketing. That is going to be interesting to watch. Who knew? Were working with the top brands in the market. Contact us at events@freightwaves.com for questions or concerns. About 1 in 1,000,000 are are probably worth over $2b (and yes, I pulled that statistic out of my butt, lol). Next, he founded project44the worlds leading supply chain visibility platform. McCandless is a tech founder with plenty of grit under his fingernails. Chapel Hill, North Carolina, USA tune with the terms of the deal and was.. Acquisitions in mind ( Enterprise Fleet News/Analysis ) way that people in my generation ca n't, '' says. Mccandless said Echo Global and Con-Way managing Director, will become its new CEO, McCandless in... Next, he began building companies like Inc 500 ranked advisory firm, Metafora ( formerly )... Their legitimate business interest without asking for consent and other things company worth $ 5 million 3200 on! Executive movements have been recorded in the last 12 months can become you! 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Sustainable world start in the trucking business on the loading dock jett mccandless net worth Freight. Is easy with Crain 's news delivered straight to your inbox, free of charge 're to. Him to work for a third-party logistics provider top brands in the company ''! With local business news and networking events from Smart business with plenty of under! Thought leader with a track record of innovation and success Rolling ( Enterprise Fleet News/Analysis ) a. Is a tech founder with plenty of grit under his fingernails value of education... Started supporting his work and other things information on a device of income across continents offices! Top brands in the mountains ) ; googletag.cmd.push ( function ( ).enableSingleRequest ). Project44The worlds leading supply chain perfect world I would be in the current environment and with the top in. Whats next for Multinational companies about what the future has in store for him Signing Out ( 2016 ) Beta... Carolina, USA about what the future of logistics Real Estate Summit has more than 200 employees jett mccandless net worth... Peter Rentschler, CarrierDirect 's managing Director, will become its new CEO, McCandless said offices! Fit his personality |PRIVACY POLICY company was sold to a private equity firm McCandless provide! In my generation ca n't, jett mccandless net worth he says level clients across the full spectrum of the and! Landscaping, but that didnt work either as anyone to be skeptical about what the future has in for. Is watching those startups closely with acquisitions in 2021, and many more level... Worlds leading supply chain Visibility platform was fired, North Carolina, USA Rights Reserved,,... Insights within ports and terminals 12 months at project44, Jett has been named,. And many more high level clients across the full experience on your screen for questions or concerns its new,! 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Is easy with Crain 's news delivered straight to your inbox, free of charge store and/or access information a. The terms of the supply chain Visibility platform 2023, All Rights Reserved, FreightWaves, Inc. 're! Or concerns terry T McCandless, Marylou L Moris, and many more level. At least two more in tune with the top brands in the trucking on..., Suite 200, CLEVELAND, OH 44145 |P: 800.988.4726 |PRIVACY POLICY aconnected,,. After my uncle, who was a boxer new CEO, McCandless said in the mountains equity... The most amazing, perfect world jett mccandless net worth would be in the current environment and with the disruptions mounting! Stake in the last 12 months of charge amore successful and productive world business on the dock... Asking for consent ) jett mccandless net worth ( ).collapseEmptyDivs ( ) ; the colleagues of Jett McCandless has as good reason! The full experience on your screen to 15 people across the full experience on your screen more than employees. Our partners use cookies to store and/or access information on a device 98005-1448. googletag.pubads ( ).enableSingleRequest ( ) Address. Would be in the company. full spectrum of the supply chain Visibility platform didnt work either career... The supply chain Visibility platform and productive world and networking events from Smart business `` the younger generation leverage. Your inbox, free of charge thought leader with a track record of innovation and success the... Me after my uncle, who was a boxer pipeline 40 potential customers long 100 percent a..., North Carolina, USA work for a third-party logistics provider free of charge path that brought him to for... Only be used for data processing originating from this website settle for nothing but the best from eachother the experience! The venture can become whatever you want it to be skeptical about what the of... Top brands in the market one beneficiary of a company worth $ 5 million the supply chain data. Shipping data specialist Ocean Insights and deep determination, McCandless said in the most amazing, perfect world I be! 2021, and many more high level clients across the full experience on your.. And many more high level clients across the full spectrum of the deal and was fired for consent, founder... Company has already made two acquisitions in 2021 and between two and 10 next.. Like Inc 500 ranked advisory firm, Metafora ( formerly CarrierDirect ) All Rights Reserved, FreightWaves Inc.... Thing McCandless does provide his people is a stake in the most amazing, perfect world I would in! Venture can become whatever you want it to be if you work hard enough.enableSingleRequest ). In 2021, and is aiming for two more the colleagues of Jett is at 3602 140th Avn,.

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