project44 Delivers 34% New ARR Growth Fueled by AI Agent Momentum and Intelligent TMS Expansion

CHICAGO, May 18, 2026 (GLOBE NEWSWIRE) -- project44 , the Decision Intelligence Platform for the modern supply chain, today announced Q1 FY27 results: 34% year-over-year growth in new Annual Recurring Revenue (ARR), achieving 109% of plan. Multi-year deals drove 67% of new ARR, reflecting continued momentum in long-term customer commitments. Shipper New ARR grew 52% year over year, the fastest-growing segment in the business, and Shipper NRR improved approximately 300 basis points quarter over quarter, one of the largest single-quarter retention improvements in company history. Sustained NRR improvement and back-to-back plan overperformance are indicators that customers are embedding project44 deeper into their operations. "The quarter was defined by the delivery of AI at scale. project44 launched an AI agent portfolio addressing the most consequential jobs facing shipper operations teams: freight procurement, exception management, slot booking, disruption management, network operations, and carrier onboarding. Autopilot, deployed in Q1, gives customers direct control over how and when those agents operate, without engineering resources or professional services. The acquisition of LunaPath.ai adds best-in-class orchestration across complex, multi-step workflows. Together, these milestones mark a significant step in project44's evolution to an agentic supply chain operating system. The results are already measurable: a 4% reduction in freight spend, a 70% reduction in manual coordination, up to 75% faster sourcing cycles, and up to 40% reduction in disruption-related costs. "We are leading with AI, not as a feature, but as the operating model," said Jett McCandless, Founder and CEO of project44. "The foundation beneath our agents is what no one else can replicate: the world's largest, most accurate and real-time logistics data graph, built over the course of a decade.