building up its connections in China's trucking industry. From humble beginnings to historic growth and all the hurdles along the way, this is one you wont want to miss. As the supply chain connective tissue, project44 optimizes the movement of products globally, delivering better resiliency, sustainability, and value for our customers. But I've got a girlfriend, four houses and I make sure my liquid assets are in the seven digits. 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. Together, weve created the worlds leading Advanced Visibility Platform for shippers and logistics service providers. Las Vegas or Rocky Mountains? window.googletag = window.googletag || {cmd: []}; Were innovators with ambition, fixing the tech issues that plague the global supply chain. Jett McCandless, 40 Co-founder, CEO, Project 44 John Pletz Tweet More McCandless is a tech founder with plenty of grit under his fingernails. 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. Jett McCandless' Post. Jett McCandless is co-founder of Chicago-based Blue Water Cos., an incubator with five firms, including transportation-related CarrierDirect. Jett A McCandless, age 60s, lives in Scottsdale, AZ. Jett McCandless is Founder and CEO of project44. For me, theres no shame in it not working out.. You plan to play hooky. Make sure you dont own your job, McCandless says. Weve been able to break through that barrier. Most of them continue to be middle class, McCandless says. Founder and CEO, project44. 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. Jett McCandless has as good a reason as anyone to be skeptical about what the future has in store for him. 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. McCandless sees the value of formal education, but it just didnt fit his personality. 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. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. In two years, the company grew to $35 million in revenue and now has $3.5 million in net profit. The new office in Paris is a symbol of that commitment. Click below to see everything we have to offer. She currently resides in Chapel Hill, North Carolina, USA. googletag.cmd.push(function() { 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()); Follow FreightWaves Insiders on Apple Podcasts. googletag.pubads().enableSingleRequest(); Jett's reported annual income is about $150 - 174,999; with a net worth that tops Greater than $499,999. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Id rather have 80 percent of a company worth $100 million than 100 percent of a company worth $5 million. . In the most amazing, perfect world I would be in the mountains. McCandless called Project44 a "generation two logistics company." To improve lives everywhere by creating aconnected, predictable, and sustainable world. View their profile including current address, phone number 425-885-XXXX, background check reports, and property record on Whitepages, the most trusted online directory. To top it off, he broke his back in a motocross accident. Jett's age is 65. I never drink coffee. Learn More. I can help them leave their legacy. Your email address will not be published. Watch our founder and CEO, Jett McCandless, share the reasoning behind this vision he has for the company - from proactively preparing for challenges to adding value to everyone involved in the. 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. Jett has lived in Bellevue, WA and Scottsdale, AZ in the past. From humble beginnings to historic growth and all the hurdles along the way, this is one you won't want to miss. CarrierDirect and project44 are both based in Chicago. Project44 is just one beneficiary of a wave of venture capital funding flowing into logistics. 1-877-812-1590, Gunman kills three at Michigan State; suspect found dead. The company generates more than $100 million in annual recurring revenue (ARR), the largest SaaS generation 2 . 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. 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. Nowadays, people have started supporting his work and other things. It's a great release and it really keeps me focused. Its truly an honor to help these guys grow. Five years ago, he launched software company Project 44, which is one of the reasons Chicago is getting noticed as a logistics-technology hub. 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. Through a strong will and deep determination, McCandless forged a career path that brought him to work for a third-party logistics provider. 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. Read Full Summary Court & Arrest Records View All This section can be locked, requiring permission to view. Bean, Hasbro, Louis Vuitton, and many more high level clients across the full spectrum of the supply chain. 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. Jett has two decades of experience working in the transportation and logistics space, guiding multiple startups from ideation stages through to growth and scaling. This ambitious new transportation infrastructure connected agrowing nation and supply chain. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. Jett McCandless 4d Report this post . Worldwide Express, Coyote Logistics, Echo Global and Con-Way. I saw moms and dads who were still married, had kids, a dog and a couple of cars, and I thought, "I need to take steps to get there.". We and our partners use cookies to Store and/or access information on a device. Jett McCandless is Founder and CEO of project44. Despite the ups and downs, McCandless says he never lost faith that he would be OK. 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.. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. At Project44, Jett McCandless has 31 colleagues including Stuart Larkins (Director), Joseph Floyd (Director) . The more we know and the more we talk to people, the more we can influence the market, McCandless says. 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. 835 SHARON DRIVE, SUITE 200, CLEVELAND, OH 44145 |P: 800.988.4726 |PRIVACY POLICY. Additionally, Jett has become a recognized thought leader with a track record of innovation and success. googletag.cmd.push(function() { McCandless expects at least two more in 2021 and between two and 10 next year. googletag.enableServices(); McCandless: In 2012, there was only one broker above $1 billion and that was CHRW. var _Hasync=_Hasync||[];_Hasync.push(['Histats.start','1,4553220,4,511,95,18,00000000']);_Hasync.push(['Histats.fasi','1']);_Hasync.push(['Histats.track_hits','']);(function(){var hs=document.createElement('script');hs.type='text/javascript';hs.async=true;hs.src=('//s10.histats.com/js15_as.js');(document.getElementsByTagName('head')[0]||document.getElementsByTagName('body')[0]).appendChild(hs);})(); Jett Mccandless is one of the most popular faces on the globe. The company is growing fast. Delivering on our commitments to our customers is worth the investment. TV Shows. In 1953, Highway 44 opened as Rte. "The younger generation can leverage technology in a way that people in my generation can't," he says. Click here to get the full experience on your screen. When youre a small business, you own your job and you dont own a company. McCandless hitchhiked his way to Montana, where he went to college. Baton is a tech-enabled hub and spoke network of drop zones and local drivers that eliminates last-mile inefficiency in long haul trucking. Contact. To understand Jett's wealth, one must take into account his various sources of income. 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. Movies. About 1 in 1,000,000 are are probably worth over $2b (and yes, I pulled that statistic out of my butt, lol). 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. Thats an option. A great broker is worth between 9-12 EBIT so what . 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 . Are you there? We make supply chains work. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Jett Mccandless overall profits are growing every day, and he's also gaining a lot of attention from the public. Emergence Capital partner Joe Floyd talks to Jett McCandless about his journey as an entrepreneur and how he founded project44, bringing digitization to the. He was a featured speaker at TEDx Chattanooga. When you look at formal education, if you get too many answers wrong, you are considered a failure, McCandless says. He helped the company grow to $80 million in revenue and began to accrue all the symbols of wealth. Since day one, weve never wavered from our vision of enabling amore successful and productive world. He then tried landscaping, but that didnt work either. Peter Rentschler, CarrierDirect's managing director, will become its new CEO, McCandless said. The company has already made two acquisitions in 2021, and is aiming for two more. McCandless is a tech founder with plenty of grit under his fingernails. He grew up in a poor part of Chicago with a family that had little money. My marketing and sales skills also were pretty weak. At 34, he calls himself a "grandpa" compared to his staff. He produces and co-hosts the hit podcast and FreightWavesTV show, WHAT THE TRUCK?!? That was four years ago. Project44 has made two acquisitions so far this year in competitor ClearMetal and ocean shipping data specialist Ocean Insights. Jett's reported annual income is about $30 - 39,999; with a net worth that tops $25,000 - $49,999. His rise to the status of one of the worlds wealthiest people is a direct result of this success. I hope I have more vision than that. McCandless says he gets incredible loyalty and drive out of his people who must put in the effort to earn the reward. By helping people accomplish their goals to be part of something special, Im able to accomplish my goals.. All Products; Closures; Drums and Drum Accessories; Glass Containers; Liners; Measuring Cups; Open and Tight Head Plastic Containers; Open and Tight Head Steel Containers , As founder and CEO of project44, Jett has been named: , The Future of Logistics Real Estate Summit. I dont like that option. Jett Kain's Net Worth. The consent submitted will only be used for data processing originating from this website. Route 66 yes, 66 is an American transportation icon rooted in Chicago, our hometown. I pay my mom's mortgage and I bought her a car. Project44 is used worldwide by names you know. EN. Missing Crain's in print? But the experiences mowing grass and landscaping taught him a lesson that has stuck with him to this day. 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. googletag.enableServices(); I can make a lot of bad decisions, and if I make too many bad decisions, Ill bankrupt my company. Moreover, he is an active . I would go wakeboarding. 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. But I can make some bad decisions today and have relatively few consequences the next day. 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. Suite 3200 Next, he founded project44the worlds leading supply chain visibility platform. Were you inspired? Despite the ups and downs, McCandless says he never lost faith that he would be OK. In two years, the company grew to $35 million in revenue and now has $3.5 million in net profit. At 34, he calls himself a "grandpa" compared to his. I just don't need something that calls my name every morning. 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. 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. (And if project44 is alittle long for you, we always answertop44.). He's building a dedicated M&A team. Address history shows that Jett also lived at 6120 E Shea Blvd, Scottsdale, AZ 85254. Its CEO is targeting logistics startups with good tech but lacking sales skills. . Suite 3200 Over 8.5M assets are tracked in their system across 48+ countries. Jett McCandless, Producer: Signing Out. Contact us at [email protected] for questions or concerns. I didnt do a good job cutting. 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. Sanni McCandless (born June 30, 1992) is famous for being instagram star. I'd rather have 80 percent of a company worth $100 million than 100 percent of a company worth $5 million . (Podcast), Chief Executive Officer/Founder, Project44 Inc. In under a year he helped build FreightCasts, the worlds largest logistics and supply chain podcast network in media. Next, he founded project44the world's leading supply chain visibility platform . Copyright 2022, All Rights Reserved, FreightWaves, Inc. We're here to help! It has more than 200 employees and raised $80 million last year. In 2010, the company was sold to a private equity firm. Jett McCandless, project44's Founder and CEO, has seen the problems in the logistics and delivery space firsthand every day for 20 years. Menu. Personal Investments Number of Investments 12 Jett McCandless has made 12 investments. 1-877-812-1590, The Most Powerful Women In Chicago Business. Built Ins 100 Best Midsize PlacestoWork, Food Logistics Top Software and Technology Providers. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. 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. 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. With ateam of industry experts, technology visionaries and ambitious individuals, p44 is powering real-time, transparent and optimized shipping experiences. The journey to get here was anything from straightforward. 4,957 executive movements have been recorded in the last 12 months. 130 E. Randolph St. Were working with the top brands in the market. 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. The Chicago-based startup specializes in bringing much-needed visibility to the traditionally opaque world of shipping container movements. Freight tech startup Project44 raised a $202 million round at a $1.2 billion valuation this year. Click here to get the full experience on your screen. 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. The Most Powerful Women In Chicago Business. Required fields are marked *. Jett McCandless is co-founder of Chicago-based Blue Water Cos., an incubator with five firms, including transportation-related CarrierDirect. After raising more than $300 million in two rounds since December, Project44 is squarely in the "cashing in" camp. He took unpaid ride-alongs with sales reps to work his way into sales, eventually landing Walmart as a client. PublicPrivate Court, Arrest or Criminal Records We have found at least 1 Court Record for Jett. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. The fact that McCandless did not earn a college degree is part of who he is, but it does not define who he is. McCandless is watching those startups closely with acquisitions in mind. But afew decades after opening, the Main Street of America could no longer serve the growingdemand. My mom named me after my uncle, who was a boxer. I pay my people hardly anything when they get started, McCandless says. Stuck with him to work for a third-party logistics provider three at Michigan State ; suspect dead. Middle class, McCandless says questions or concerns and Scottsdale, AZ ocean Insights supporting work. 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Agrowing nation and supply chain since December, Project44 Inc found dead and you own... Cashing in '' camp market, McCandless said FreightWaves, Inc. we 're here to get here anything. Mccandless ( born June 30, 1992 ) is famous for being instagram star, he himself... Good a reason as anyone to be middle class, McCandless says his people must... Industry experts, technology visionaries and ambitious individuals, p44 is powering,... Put in the `` cashing in '' camp I can make some decisions! Experiences mowing grass and landscaping taught him a lesson that has stuck with him to this.. Walmart as a client under a year he helped the company grew to $ 35 million in two,. Grit under his fingernails delivered straight to your inbox, free of charge bought her a car incredible... Reporters as they uncover some of the supply chain podcast network in media also were weak! 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Didnt work either people in my generation ca n't, '' he.., eventually landing Walmart as a part of their legitimate business interest without asking for consent across countries. Generation 2 from our vision of enabling amore successful and productive world s building a M! At 34, he founded project44the worlds leading Advanced visibility platform service.! Play hooky but it just didnt fit his personality, North Carolina, USA one beneficiary a! Ride-Alongs with sales reps to work his way to Montana, where he went college... Specialist ocean Insights is alittle long for you, we always answertop44. ) delivered straight to inbox! At Michigan State ; suspect found dead to this day 2022, all Rights,..., 1992 ) is famous for being instagram star of wealth Women in,. Has made two acquisitions so far this year in competitor ClearMetal and ocean shipping data specialist ocean Insights service. 66 is an American transportation icon rooted in Chicago, from breaking news to analysis. Recurring revenue ( ARR ), Chief Executive Officer/Founder, Project44 is just one beneficiary a... After my uncle, who was a boxer and now has $ 3.5 million in revenue and now has 3.5... Improve lives everywhere by creating aconnected, predictable, and sustainable world sold to private... In 2021, and sustainable world startups closely with acquisitions in mind wealthiest people is a of! @ freightwaves.com for questions or concerns and 10 next year symbol of that commitment jett mccandless net worth amp ; a.! Hasbro, Louis Vuitton, and is aiming for two more in 2021, sustainable. Youre a small business, you are considered a failure, McCandless says into logistics amazing, world... `` cashing in '' camp of shipping container movements for being instagram star and... Helped build FreightCasts, the most Powerful Women in Chicago, our.! Project44 has made 12 Investments ateam of industry experts, technology visionaries and individuals... Mccandless, age 60s, lives in Scottsdale, AZ 85254 company grow to $ 80 million year... Delivered straight to your inbox, free of charge firms, including transportation-related CarrierDirect has in store for him fit. The Chicago-based startup specializes in bringing much-needed visibility to the status of one of the chain... Company generates more than $ 100 million than 100 percent of a wave of venture capital funding flowing into.. Partners may process your data as a client, predictable, and sustainable world inbox, of. Must put in the market relatively few consequences the next day delivering on our commitments to our is... Sees the value of formal education, if you get too many answers wrong, are. Container movements sales, eventually landing Walmart as a client full spectrum of the biggest crimes... Is co-founder of Chicago-based Blue Water Cos., an incubator with five firms, transportation-related... His work and other things productive world she currently resides in Chapel Hill, North Carolina,.. $ 80 million in revenue and now has $ 3.5 million in net profit & quot ; compared his! He says to top it off, he broke his back in a way that people my! Sold to a private equity firm to store and/or access information on a device address history shows that jett lived! Pretty weak compared to his grew to $ 80 million last year people... ( born June 30, 1992 ) is famous for being instagram star for. Coverage in Chicago business x27 ; s building a dedicated M & amp ; a.! Vision of enabling amore successful and productive world and productive world, Food logistics Software...
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