Address history shows that Jett also lived at 6120 E Shea Blvd, Scottsdale, AZ 85254. Jett's reported annual income is about $150 - 174,999; with a net worth that tops Greater than $499,999. And then in the blink of an eye, he lost it all. Jett's age is 65. 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 McCandless is co-founder of Chicago-based Blue Water Cos., an incubator with five firms, including transportation-related CarrierDirect. 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. I dont like that option. Suite 3200 Are you there? Since day one, weve never wavered from our vision of enabling amore successful and productive world. My mom remarried and we moved to Naperville when I was in high school. Jett McCandless has had a long and distinguished career for a man who is only in his forties. One thing McCandless does provide his people is a stake in the company. window.googletag = window.googletag || {cmd: []}; My marketing and sales skills also were pretty weak. 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. Through a strong will and deep determination, McCandless forged a career path that brought him to work for a third-party logistics provider. 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.). McCandless is a tech founder with plenty of grit under his fingernails. The fact that McCandless did not earn a college degree is part of who he is, but it does not define who he is. Next, he founded project44the world's leading supply chain visibility platform . Moreover, he is an active . View their profile including current address, phone number 425-885-XXXX, background check reports, and property record on Whitepages, the most trusted online directory. 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. Despite the ups and downs, McCandless says he never lost faith that he would be OK. 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. A great broker is worth between 9-12 EBIT so what . But I can make some bad decisions today and have relatively few consequences the next day. Were you inspired? (Podcast), Chief Executive Officer/Founder, Project44 Inc. 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. Dooner has been in freight since 2005 and has held directors positions in operations, sales, consulting, and marketing. 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. Jett is an established Chicago leader with a track record of success. I can just figure out a different way to do it. Now I practice (mixed martial arts). The more we know and the more we talk to people, the more we can influence the market, McCandless says. Why? 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. McCandless sees the value of formal education, but it just didnt fit his personality. Bloomberg Markets is focused on bringing you the most important global business and breaking markets news and information as it happens. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. It was a much safer environment and let me focus on school. Year: Net Worth: 2019: $8 Million : 2020: $8.5 Million: 2021: 9 Million: 2022: Route 66 yes, 66 is an American transportation icon rooted in Chicago, our hometown. All Products; Closures; Drums and Drum Accessories; Glass Containers; Liners; Measuring Cups; Open and Tight Head Plastic Containers; Open and Tight Head Steel Containers 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 Founder and CEO of project44 | Transforming Logistics and Transportation Wilson, Wyoming, United States 21K followers 500+ connections Join to follow project44 About project44. Jett Kain's Net Worth. googletag.pubads().enableSingleRequest(); Missing Crain's in print? The company has already made two acquisitions in 2021, and is aiming for two more. Freight tech startup Project44 raised a $202 million round at a $1.2 billion valuation this year. Sanni McCandless (born June 30, 1992) is famous for being instagram star. Last week I conducted our semi-annual interview with our friend and noted economist, Gary Shilling. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. Contact us at events@freightwaves.com for questions or concerns. I pay my people hardly anything when they get started, McCandless says. 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. Jett McCandless is known for Signing Out (2016) and Beta. Despite the ups and downs, McCandless says he never lost faith that he would be OK. Along the way, I can help people who are amazing and accomplish their own personal goals. It's a standard feature of a tech startup but a relatively new phenomenon in logistics, which has only attracted significant venture capital investment in the last five or six years. McCandless is watching those startups closely with acquisitions in mind. He took unpaid ride-alongs with sales reps to work his way into sales, eventually landing Walmart as a client. After raising more than $300 million in two rounds since December, Project44 is squarely in the "cashing in" camp. For me, theres no shame in it not working out.. That is going to be interesting to watch. 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." 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. 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. Stay up to date with what you want to know. Main competitor Fourkites, data-driven freight brokerage Flexport, trucking tech startup KeepTruckin, and others brought in rounds of $100 million and above this year. That was four years ago. the company grew to $35 million in revenue and now has $3.5 million in net profit. This ambitious new transportation infrastructure connected agrowing nation and supply chain. CarrierDirect and project44 are both based in Chicago. His next few acquisitions will be aimed at cracking the evergreen problems that customers struggle with in any shipping environment. Peter Rentschler, CarrierDirect's managing director, will become its new CEO, McCandless said. I can help them leave their legacy. Additionally, Jett has become a recognized thought leader with a track record of innovation and success. Jett McCandless is Founder and CEO of project44. In the Logistics industry, Jett McCandless has 12,212 colleagues in 1,090 companies located in 102 countries. But afew decades after opening, the Main Street of America could no longer serve the growingdemand. He has steered multiple companies through accelerated growth, providing the logistics space with expertise and innovation along the way. The company is already making a big bet on first mile visibility by building up its connections in China's trucking industry, and it's looking to the other end of the supply chain too, to better cater to e-commerce customers. I would go wakeboarding. Jett McCandless has as good a reason as anyone to be skeptical about what the future has in store for him. 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. Emergence Capital partner Joe Floyd talks to Jett McCandless about his journey as an entrepreneur and how he founded project44, bringing digitization to the. Click below to see everything we have to offer. If I'm not careful I could get too busy making a living to live my life. Sign up to receive advice from business professionals, or register for information on our networking events near you! An adrenaline junkie, he likes heli-skiing, downhill mountain biking and surfing. Sponsored Content: Global Tax Rules Take Shape Whats Next for Multinational Companies? Own a company. 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. 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. 4,957 executive movements have been recorded in the last 12 months. Jett McCandless is Founder and CEO of project44. He started building companies like Inc 500 ranked advisory firm, Metafora (formerly CarrierDirect). 130 E. Randolph St. Jett McCandless Founder and CEO of project44 | Transforming Logistics and Transportation View articles by Jett McCandless ClearMetal Joins the project44 team May 27, 2021 423 likes45 comments. googletag.cmd.push(function() { I could go and sell 20 percent of CarrierDirect for $2 million, McCandless says. The idea is that the venture can become whatever you want it to be if you work hard enough. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. Its truly an honor to help these guys grow. 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. McCandless said in the current environment and with the disruptions still mounting he has a pipeline 40 potential customers long. 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. googletag.enableServices(); 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 has as good a reason as anyone to be skeptical about what the future has in store for him. When youre a small business, you own your job and you dont own a company. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing, We use cookies to provide you with a better experience. Required fields are marked *. Weve been able to break through that barrier. The Chicago-based startup specializes in bringing much-needed visibility to the traditionally opaque world of shipping container movements. That's an unusual first name. Project44 has made two acquisitions so far this year in competitor ClearMetal and ocean shipping data specialist Ocean Insights. Jett has two decades of experience working in the transportation and logistics space, guiding multiple startups from ideation stages through to growth and scaling. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. "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. 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. 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