Dive Summary:
- Private trash collectors in New York City may be able to increase rates for the first time since 2008 as the Business Integrity Commission weighs lifting the city's current rate cap.
- An increase of up to 15% is on the table, which would allow haulers to charge the city up to $18.97 per cubic yard, or $11.89 per 100 pounds. Only commercial haulers would see a change.
- The rate cap placed on haulers was put into effect as a way to regulate the industry and reduce corruption.
From the article:
"With the continued increase in fuel, equipment and labor costs, this rate increase was necessary to maintain the quality of service our customers need. New York City is an extremely competitive market place, so I hope the BIC will continue to address the necessity of having a rate cap at all," [Thomas N. Toscano, president of the New York City Chapter of NSWMA] said.
