Open Letter of Project44 Jett McCandless

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Jett McCandless

Here, expressed attitudes are exclusively those authors and do not necessarily represent the views of freight waves or his branches.

Letter to Mike Bookout is a misconception and filled with wrong presentations.

Here’s a real story:

As many readers know, I was an investor in Mycarrier, and Project44 (P44) and Mycarrier had long -time partnerships aimed at innovation in the LTL industry. In fact, data and products of the P44 have launched the Mycarrier platform since its founding in 2017.

From the first day of the P44, with a considerable discount, he licensed his information, API -is and mycarrier analytics -in -far below the market value. We invested this because we believed in the partnership and potential to transform LTL digitally. For years, Mycarrier was one of the largest P44 users, to greatly rely on our technology, including the EBOL, which the P44 launched in 2019.

Until 2023, as the original contract with deeply reduced prices expired, the P44 made it clear that mycarrier had two options:

Partly by agreement, with the P44 even offering to help mycarrier to build his own carrier integration.
Sign a new five -year contract, with rates that would gradually increase over time to match market rates.

Mycarrier decided to stay and signed a new five -year contract in October 2023. The agreement included the standard clause “No Construction” and the Clausule on the non-conciseness-to-to-consent, to which Mycarrier agreed without a reservation and had similar clauses in the 2017 Agreement.

At that time, Mycarrier assured the P44 that he had not intended to compete and was just looking for a limited, unconcactional connection for his TMS. However, the documents obtained by a court order speak a different story.

While negotiating a new contract, Mycarrier had already planned to break him.

Just a few days before the contract signing, Mycarrier hired an API expert and hired a team in Serbia to build a replacement for the P44 Platform.
Internal MyCarrier documents reveal that the company’s CTO estimated that their “proxy system” was 18 months after completion – proving that it was a dedicated effort to abolish the P44 while still using our services.

At the end of 2023 and early 2024. Mycarrier requested the custom changes of Ebola. Due to the priority of the resources, the P44 did not immediately implement them, but by mid -2024. These changes were enabled.

Nevertheless, Mycarrier launched his own EBOL system anyway, though:

Ebol was involved in their contract with the P44, and they still used the P44 to send thousands of Ebola every day.
Project44 is still the largest Ebola supplier in the world, and in June 2024 alone, he processes 99,000 NMFT EBOLA in accordance with NMFTA, which is far more than any competitor.
In April 2024, the P44 introduced an EBOL that in accordance with the NMFTA and continued to invest in improvements specific to the carriers.

It is true that Mycarrier did not develop his own EBOL because of any lack of EBOL P44. He did this because Ebol was the easiest first step in the larger plan to fully replace the P44 – despite the contract that explicitly forbids it.

When the P44 officially informed Mycarrier in June 2024. Mycarrier initially promised to “work on the medicine”.

Instead:

In July 2024. Mycarrier filed a temporary restraint order (TR) against the P44, falsely claiming that we threatened to suspend services.
After the court approved the P44 request for evidence and discovery, Mycarrier tried unsuccessfully to leave the court proceedings in favor of private arbitration – which is a clear indication that their own evidence was problematic.
In September 2024, without announcement, Mycarrier abruptly interrupted the relationship with the P44 and moved on to a competitive service provider – another breach of contract.

This is not just a dispute in the contract. It is a trust, honest business practices and integrity of industrial partnerships.

The agreement between the P44 and Mycarrier explicitly forbids them to develop independent API, products and services that are significantly similar to the P44 offers. The agreement also forbids Mycarrier to compete with Project44, which is obviously through a new data supplier. Mycarrier also abuses the data obtained through the P44 on the products of power analytics, violating the contract.

Despite multiple warnings, Mycarrier continued with these violations, threatening to serious competitive damage to the P44 and the interference with the LTL industry. As a result, the P44 asked the court to stop Mycarrier in further violations and prevent further use of alternative providers.

I’ve been deeply invested in my whole career in the LTL industry. This industry was built on relationships, trust and long -term cooperation. Because of this, I personally tried to privately resolve this issue with mycarrier with the guidance, including Mike Bookout, a member of the Committee and other stakeholders, before the legal procedure was needed.

Unfortunately, Mycarrier made it clear that they had no intention of honoring their obligations.

Project44 has not launched this dispute, but we will not stand while Mycarrier is undermined by contracts, abuses our technology and deceives the industry. We advocate the protection of our customers, partners and integrity of the LTL ecosystem. Complete Transcript of hearing and P44 presentation materials in the courtroom you can find here.

Fast Open Letter of Project44 Jett McCandless appeared first on Freight waves.

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