He started building companies like Inc 500 ranked advisory firm, Metafora (formerly CarrierDirect). 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. Its CEO is targeting logistics startups with good tech but lacking sales skills. His rise to the status of one of the worlds wealthiest people is a direct result of this success. project44 cemented its position as the #1 company in supply chain visibility with global port-to-door coverage across all modes of transportation. (Podcast), Chief Executive Officer/Founder, Project44 Inc. Jett Kain's Net Worth. Manage Settings Jett McCandless is Founder and CEO of project44. Worldwide Express, Coyote Logistics, Echo Global and Con-Way. Contact us at events@freightwaves.com for questions or concerns. His next few acquisitions will be aimed at cracking the evergreen problems that customers struggle with in any shipping environment. 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. That is going to be interesting to watch. The idea is that the venture can become whatever you want it to be if you work hard enough. . . 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. 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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. The company now generates more than $100 million in annual recurring revenue (ARR), the largest generation 2 logistics tech in the world. I hope I have more vision than that. 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." 1-877-812-1590, The Most Powerful Women In Chicago Business. Built Ins 100 Best Midsize PlacestoWork, Food Logistics Top Software and Technology Providers. 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. My marketing and sales skills also were pretty weak. The residency of Jett is at 3602 140th Avn NE, Bellevue, WA 98005-1448. Bean, Hasbro, Louis Vuitton, and many more high level clients across the full spectrum of the supply chain. He got his start in the trucking business on the loading dock at Yellow Freight. Project44 CEO Jett McCandless expects at least two more acquisitions in 2021 and between two and 10 next year. 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. Its truly an honor to help these guys grow. Jett McCandless 4d Report this post . Sign up to receive advice from business professionals, or register for information on our networking events near you! In under a year he helped build FreightCasts, the worlds largest logistics and supply chain podcast network in media. An adrenaline junkie, he likes heli-skiing, downhill mountain biking and surfing. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing, We use cookies to provide you with a better experience. In 1953, Highway 44 opened as Rte. I hope I have more vision than that. Copyright 2022, All Rights Reserved, FreightWaves, Inc. We're here to help! I pay my mom's mortgage and I bought her a car. For me, theres no shame in it not working out.. Own a company. He helped the company grow to $80 million in revenue and began to accrue all the symbols of wealth. Make sure you dont own your job, McCandless says. Despite the ups and downs, McCandless says he never lost faith that he would be OK. 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.". She currently resides in Chapel Hill, North Carolina, USA. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. }); googletag.cmd.push(function() { 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. From humble beginnings to historic growth and all the hurdles along the way, this is one you won't want to miss. My mom named me after my uncle, who was a boxer. 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. Peter Rentschler, CarrierDirect's managing director, will become its new CEO, McCandless said. As the supply chain connective tissue, project44 optimizes the movement of products globally, delivering better resiliency, sustainability, and value for our customers. We make supply chains work. Id rather have 80 percent of a company worth $100 million than 100 percent of a company worth $5 million. McCandless called Project44 a "generation two logistics company." 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. Are you there? Click below to see everything we have to offer. Jett maintains relationships with many people -- family, friends, associates, & neighbors -- including Sandra Simons, , Birk Mccandless, Tina Terry and Jean Mccandless. Last week I conducted our semi-annual interview with our friend and noted economist, Gary Shilling. The company is growing fast. Missing Crain's in print? At Project44, Jett McCandless has 31 colleagues including Stuart Larkins (Director), Joseph Floyd (Director) . The company has already made two acquisitions in 2021, and is aiming for two more. WTT is ranked in Apple Podcasts top-20 Business News podcasts. One thing McCandless does provide his people is a stake in the company. Its the perfect project to serve as ournamesake. Mom didn't want my nose to get broken, so I was only allowed to train. He started building companies like Inc 500 ranked advisory firm, Metafora (formerly CarrierDirect). Next, he founded project44the world's leading supply chain visibility platform . I get challenged by a lot of other CEOs, McCandless says. 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. Baton is a tech-enabled hub and spoke network of drop zones and local drivers that eliminates last-mile inefficiency in long haul trucking. Sanni McCandless (born June 30, 1992) is famous for being instagram star. Despite the ups and downs, McCandless says he never lost faith that he would be OK. The journey to get here was anything from straightforward. 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. We and our partners use cookies to Store and/or access information on a device. Caffeinated or decaf? 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. Europe, Menlo Park, China), Where the person is located (e.g. googletag.cmd.push(function() { Your email address will not be published. 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. All Products; Closures; Drums and Drum Accessories; Glass Containers; Liners; Measuring Cups; Open and Tight Head Plastic Containers; Open and Tight Head Steel Containers 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. You plan to play hooky. googletag.pubads().enableSingleRequest(); 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. McCandless said in the current environment and with the disruptions still mounting he has a pipeline 40 potential customers long. Over 8.5M assets are tracked in their system across 48+ countries. Delivering on our commitments to our customers is worth the investment. To understand Jett's wealth, one must take into account his various sources of income. Jett McCandless is founder and CEO of project44, the world's leading supply chain visibility platform. 130 E. Randolph St. (And if project44 is alittle long for you, we always answertop44.). building up its connections in China's trucking industry. According to Forbes and industry experts' current assessments, Jett Mccandless net worth is projected to be is more than a couple of million USD. So, Jett McCandless, as your mother used to tell you - that makes you 1 in a million Jett's reported annual income is about $150 - 174,999; with a net worth that tops Greater than $499,999. Save my name, email, and website in this browser for the next time I comment. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. Release Calendar Top 250 Movies Most Popular Movies Browse Movies by Genre Top Box Office Showtimes & Tickets Movie News India Movie Spotlight. 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 . googletag.pubads().collapseEmptyDivs(); A great broker is worth between 9-12 EBIT so what . Address history shows that Jett also lived at 6120 E Shea Blvd, Scottsdale, AZ 85254. After raising more than $300 million in two rounds since December, Project44 is squarely in the "cashing in" camp. I pay my people hardly anything when they get started, McCandless says. Sign up for notifications from Insider! The fact that McCandless did not earn a college degree is part of who he is, but it does not define who he is. As of 2022, Sanni McCandless's net worth is $100,000 - $1M. It was a much safer environment and let me focus on school. gptAdSlots.push(gptSlot); 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. 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