The new office in Paris is a symbol of that commitment. 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. Own a company. The journey to get here was anything from straightforward. 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. Click here to get the full experience on your screen. Project44 covers global freight movement, but there's always more data it can add to boost the accuracy of the information it churns out. Year: Net Worth: 2019: $8 Million : 2020: $8.5 Million: 2021: 9 Million: 2022: 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. Nowadays, people have started supporting his work and other things. San Francisco Bay Area, Silicon Valley), This describes the type of investor the person is (e.g. Follow FreightWaves Insiders on Apple Podcasts. 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. window.googletag = window.googletag || {cmd: []}; Freight tech startup Project44 raised a $202 million round at a $1.2 billion valuation this year. Weve been able to break through that barrier. Now I practice (mixed martial arts). In the most amazing, perfect world I would be in the mountains. Jett A McCandless, age 60s, lives in Scottsdale, AZ. Click below to see everything we have to offer. At 34, he calls himself a "grandpa" compared to his staff. Last week I conducted our semi-annual interview with our friend and noted economist, Gary Shilling. He grew up in a poor part of Chicago with a family that had little money. For me, theres no shame in it not working out.. Are you there? Were innovators with ambition, fixing the tech issues that plague the global 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. Were you inspired? Menu. In under a year he helped build FreightCasts, the worlds largest logistics and supply chain podcast network in media. Menu. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. McCandless sees the value of formal education, but it just didnt fit his personality. Jett is an established Chicago leader with a track record of success. . 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. He was a featured speaker at TEDx Chattanooga. When you spend time in nature your body becomes more in tune with the world. After becoming Principal and GlobalTranz, he began building companies that would lead the logistics sector into . Caffeinated or decaf? 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. Main competitor Fourkites, data-driven freight brokerage Flexport, trucking tech startup KeepTruckin, and others brought in rounds of $100 million and above this year. Suite 3200 He has steered multiple companies through accelerated growth, providing the logistics space with expertise and innovation along the way. View their profile including current address, phone number 425-885-XXXX, background check reports, and property record on Whitepages, the most trusted online directory. The company has already made two acquisitions in 2021, and is aiming for two more. The fact that McCandless did not earn a college degree is part of who he is, but it does not define who he is. Bloomberg: Balance of Power focuses on the politics and policies being shaped by the agenda of President Biden's administration. googletag.enableServices(); Peter Rentschler, CarrierDirect's managing director, will become its new CEO, McCandless said. Worldwide Express, Coyote Logistics, Echo Global and Con-Way. By helping people accomplish their goals to be part of something special, Im able to accomplish my goals.. He helped the company grow to $80 million in revenue and began to accrue all the symbols of wealth. CarrierDirect and project44 are both based in Chicago. the company grew to $35 million in revenue and now has $3.5 million in net profit. Jett's reported annual income is about $30 - 39,999; with a net worth that tops $25,000 - $49,999. googletag.pubads().enableSingleRequest(); A great broker is worth between 9-12 EBIT so what . Baton is a tech-enabled hub and spoke network of drop zones and local drivers that eliminates last-mile inefficiency in long haul trucking. Jett has lived in Bellevue, WA and Scottsdale, AZ in the past. In two years, the company grew to $35 million in revenue and now has $3.5 million in net profit. McCandless says he gets incredible loyalty and drive out of his people who must put in the effort to earn the reward. I pay my mom's mortgage and I bought her a car. Sign up for notifications from Insider! You plan to play hooky. With ateam of industry experts, technology visionaries and ambitious individuals, p44 is powering real-time, transparent and optimized shipping experiences. But I've got a girlfriend, four houses and I make sure my liquid assets are in the seven digits. He produces and co-hosts the hit podcast and FreightWavesTV show, WHAT THE TRUCK?!? 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. Moreover, he is an active . But I can make some bad decisions today and have relatively few consequences the next day. The consent submitted will only be used for data processing originating from this website. Jett McCandless is known for Signing Out (2016) and Beta. I hope I have more vision than that. 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. Since day one, weve never wavered from our vision of enabling amore successful and productive world. 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. He then tried landscaping, but that didnt work either. In January 2022, project44 received a $420M Investment led by Thoma Bravo, TPG, and Goldman Sachs valuing the business at $2.2B pre-money. Business isnt like that. When youre a small business, you own your job and you dont own a company. 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. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. 835 SHARON DRIVE, SUITE 200, CLEVELAND, OH 44145 |P: 800.988.4726 |PRIVACY POLICY. Jett McCandless, project44's Founder and CEO, has seen the problems in the logistics and delivery space firsthand every day for 20 years. "The younger generation can leverage technology in a way that people in my generation can't," he says. , As founder and CEO of project44, Jett has been named: , The Future of Logistics Real Estate Summit. 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. Read Full Summary Court & Arrest Records View All This section can be locked, requiring permission to view. }); 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. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. But the experiences mowing grass and landscaping taught him a lesson that has stuck with him to this day. 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. 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. Next, he founded project44the world's leading supply chain visibility platform . He has worked with FedEx, Reebok, Adidas, L.L. TV Shows. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. E-mail oureditor McCandless hitchhiked his way to Montana, where he went to college. Jett Mccandless overall profits are growing every day, and he's also gaining a lot of attention from the public. Missing Crain's in print? Copyright 2023. Here's what they'll be after. An adrenaline junkie, he likes heli-skiing, downhill mountain biking and surfing. var gptSlot = googletag.defineSlot('/21776187881/FW-Responsive-Main_Content-Slot1', [[728, 90], [468, 60], [300, 100], [320, 50]], 'div-gpt-ad-b1-i-fw-ad-1').defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads()); project44 has launched Ocean Terminal Visibility to drive enhanced insights within ports and terminals. McCandless said in the current environment and with the disruptions still mounting he has a pipeline 40 potential customers long. googletag.cmd.push(function() { Jett's reported annual income is about $150 - 174,999; with a net worth that tops Greater than $499,999. Jett maintains relationships with many people -- family, friends, associates, & neighbors -- including Sandra Simons, , Birk Mccandless, Tina Terry and Jean Mccandless. Your email address will not be published. His rise to the status of one of the worlds wealthiest people is a direct result of this success. He started building companies like Inc 500 ranked advisory firm, Metafora (formerly CarrierDirect). Instagram star and life coach who became known when she was a key player in the Academy Award winning documentary Free Solo. Its the perfect project to serve as ournamesake. Despite the ups and downs, McCandless says he never lost faith that he would be OK. That was his nickname in the ring. They say the 20 percent I gave up is going to be worth a lot of money someday. . 130 E. Randolph St. Jett McCandless 4d Report this post . 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). 1-877-812-1590, The Most Powerful Women In Chicago Business. Thats an option. A business owner in New York with a model similar to that of Jett's earns about $500,000. 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. Click here to get the full experience on your screen. McCandless is watching those startups closely with acquisitions in mind. Manage Settings We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. That was four years ago. 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.pubads().collapseEmptyDivs(); Additionally, Jett has become a recognized thought leader with a track record of innovation and success. This documentary-style series follows investigative journalists as they uncover the truth. About 1 in 1,000,000 are are probably worth over $2b (and yes, I pulled that statistic out of my butt, lol). Jett McCandless is founder and CEO of project44, the world's leading supply chain visibility platform. The company generates more than $100 million in annual recurring revenue (ARR), the largest SaaS generation 2 . But afew decades after opening, the Main Street of America could no longer serve the growingdemand. To top it off, he broke his back in a motocross accident. 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. He took unpaid ride-alongs with sales reps to work his way into sales, eventually landing Walmart as a client. Copyright 2022, All Rights Reserved, FreightWaves, Inc. We're here to help! Project44 CEO Jett McCandless expects at least two more acquisitions in 2021 and between two and 10 next year. Stay up to date with what you want to know. It's a great release and it really keeps me focused. 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." 4,957 executive movements have been recorded in the last 12 months. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. 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. googletag.enableServices(); Terry T Mccandless, Marylou L Moris, and two other persons are connected to this place. He started building companies like Inc 500 ranked advisory firm, Metafora (formerly CarrierDirect). (And if project44 is alittle long for you, we always answertop44.). (Podcast), Chief Executive Officer/Founder, Project44 Inc. McCandless disagreed with the terms of the deal and was fired. window.googletag = window.googletag || {cmd: []}; Jett McCandless has had a long and distinguished career for a man who is only in his forties.
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