Collections & Transfer: Page 10
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Coastal Waste & Recycling acquires South Carolina-based Pro Disposal
The deal brings two transfer stations and two landfills to Coastal’s portfolio in Georgia and South Carolina. A Macquarie fund recently acquired a majority stake in Coastal.
By Jacob Wallace • July 27, 2023 -
GFL 2023 earnings
GFL Environmental raises 2023 guidance, pays down debt after divestitures
The Canada-based company is using higher-than-expected proceeds from three separate asset sales to improve its leverage ratio and invest more in sustainability projects.
By Jacob Wallace • July 27, 2023 -
WM 2023 earnings
WM lowers 2023 guidance due to commodity prices but reports ‘solid results’ despite headwinds
WM CEO Jim Fish said he was pleased with how the company managed inflation, commodity and volume headwinds to end the second quarter.
By Megan Quinn • July 26, 2023 -
Teamsters authorize strikes as negotiations with Republic continue in 2 markets
Union members in Atlanta and Phoenix have authorized a strike if leaders don't reach agreements with Republic Services in the coming days.
By Jacob Wallace • July 26, 2023 -
Baltimore hires solid waste head with public, private waste experience
Craig Jeter began his role as the city finalizes its 10-Year Solid Waste Management Plan and plans to restart recycling collection next year.
By Jacob Wallace • July 17, 2023 -
WIN Waste resets leadership team, elevating Mayo to CEO
Dan Mayo, formerly CFO, is now leading the New Hampshire-based company. Bob Boucher is stepping back after an eight-year tenure that included multiple acquisitions and growth to more than $1 billion in annual revenue.
By Cole Rosengren • July 14, 2023 -
Minnesota looks to reduce Twin Cities’ waste fast as disposal capacity tightens
A proposed 20-year plan for the metro area places an emphasis on strategies to reduce waste at its source and would require local governments to make numerous changes in collection programs and other policies.
By Jacob Wallace • July 13, 2023 -
Waste Connections acquires small hauler in Texas Panhandle
Diversified Waste Management provides a range of container rental and roll-off collection services, adding to the company’s growing regional presence.
By Cole Rosengren • July 7, 2023 -
Casella Waste completes $525M acquisition of GFL Environmental’s mid-Atlantic assets
The purchase of hauling, transfer and MRF assets in Delaware, Maryland and Pennsylvania is Casella’s largest deal in years. It also marks the final step in GFL’s divestiture plan.
By Cole Rosengren • July 5, 2023 -
How the waste industry prepared for and reacted to the EPA’s 2023 Renewable Fuel Standard update
The agency’s final rules to generate renewable energy credits from certain systems are seen as a benefit for anaerobic digesters and certain landfill projects. Catch up on coverage of key developments.
June 29, 2023 -
New York invites commercial zone bidders to contract negotiations in step forward for long-awaited system
The city’s Department of Sanitation sent out letters this week telling certain bidders they were advancing in a process to win 10-year contracts that could reshape the market.
By Cole Rosengren • June 27, 2023 -
Q&A
WM’s chief DEI officer draws on years in the field to connect with front-line workers
Kelly Rooney, WM’s chief human resources officer and chief DEI officer, highlights how employee feedback helps shape training programs and job requirements meant to provide better career advancement.
By Megan Quinn • June 22, 2023 -
Keter Environmental set to merge with Waste Harmonics in latest broker deal
The two tech-focused companies, which provide service via third-party haulers, announced plans to combine in a pending transaction. Private equity firm TPG is leading the deal.
By Cole Rosengren • Updated June 16, 2023 -
Rubicon completes refinancing efforts, looks to further expand city software business
Executives touted growing software capabilities at the company’s recent Next Summit. Now they need to get the company’s share price back above $1 to satisfy stock exchange compliance requirements.
By Cole Rosengren , Jacob Wallace • June 16, 2023 -
Biden vetoes resolution to overturn EPA truck emissions regulations
The measure “would squander $36 billion in benefits to society — and an opportunity to lead on the defining crisis of our time,” the president said.
By Colin Campbell • June 16, 2023 -
New York leaders see a role for composting and codigestion as the city scales up organics recycling
Community composters are pushing for a continued role following the passage of a suite of bills targeting organics as the city also looks to scale up codigestion capacity at wastewater treatment plants.
By Jacob Wallace • Updated June 16, 2023 -
Coastal Waste & Recycling acquired by Macquarie fund in recapitalization deal
The Florida-based company has grown to more than 800 employees since it launched through a partnership with Summer Street Capital Partners in 2017.
By Cole Rosengren • June 13, 2023 -
Casella Waste to acquire New York-based Twin Bridges in $219M deal
Casella’s second major acquisition planned this year aims to enhance the company’s New York presence and add high-tech MRF and transfer station assets to its portfolio.
By Megan Quinn • June 13, 2023 -
Tip fees at MSW landfills see highest increase since 2018, report says
Average weighted tipping fees surpassed $60 nationwide last year, according to a new report from EREF. The increase occurred amid a highly inflationary environment and ongoing industry consolidation.
By Jacob Wallace • June 12, 2023 -
Houston, DOJ reach settlement over alleged environmental justice violations in illegal dumping case
Houston will implement a $17.8 million cleanup plan and undergo federal monitoring and training, among other agreements. Some residents applauded the development, but others worry it won’t lead to long-term changes.
By Megan Quinn • June 9, 2023 -
West Virginia authority terminates Renovare’s lease at shuttered mixed waste facility in move to reopen
More than a year after the company largely abandoned its 110,000-ton-per-year operation, waste remains on-site and fires have occurred. U.S. Bank’s move to block a bankruptcy effort has further complicated the situation.
By Cole Rosengren • June 6, 2023 -
Industry veteran launches Waste Industry Historical Society to capture decades of knowledge
Anthony Ricchio, a longtime driver and current equipment specialist, grew up collecting waste phone book ads and toy trucks. Now, he hopes a new museum in Iowa can motivate others to share their own collections.
By Cole Rosengren • June 5, 2023 -
GFL closes sale of Colorado assets to Republic; its Casella divestiture gets DOJ approval
GFL Environmental expects to complete its broader divestiture campaign by the end of June, netting gross proceeds of about $1.6 million (Canadian). This specific package covers Denver and other key Colorado markets.
By Jacob Wallace • June 5, 2023 -
Private equity firms announce waste transfer and environmental services deals in Georgia and Texas
Bulk Express Transport, backed by Alterna Equity Partners, purchased Attaway Hauling. Separately, Allied Industrial Partners acquired a stake in Mat Tech Industrial Services.
By Cole Rosengren • June 1, 2023 -
California commission recommends a pause on SB 1383 organics law, industry disagrees
The Little Hoover Commission, a bipartisan group appointed by state officials, found that California is “poised to miss” its 2025 organic waste reduction targets. Companies such as Republic Services said it’s too late to turn back.
By Cole Rosengren • May 24, 2023