Collections & Transfer: Page 13
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Waste and recycling companies seemingly unscathed by SVB collapse but continue to monitor fallout
Initial reports indicate the industry’s largest companies, as well as tech-focused startups with a history of venture funding, aren’t directly affected. Questions remain around what implications the incident will have on access to capital.
By Cole Rosengren • March 14, 2023 -
WM acquires large Minnesota composting company as part of Midwest organics recycling growth
WM says its purchase of Specialized Environmental Technologies positions the company to meet rising demand in the Twin Cities area, where local policies are requiring diversion.
By Megan Quinn • March 13, 2023 -
Rubicon doubles down on higher-margin software business in ongoing push to boost profitability
After weathering challenges and executive changes, the tech-focused waste broker projects a turnaround. In addition to noting price increases on waste accounts, Rubicon touted a software expansion for commercial fleets.
By Cole Rosengren • March 9, 2023 -
WIN Waste partnering with Baltimore organics recycler on food waste collection pilot
WIN Waste Innovations, through its predecessor company Wheelabrator, has long operated the WTE facility in Baltimore. The new partnership comes as non-governmental entities fill a void in addressing the city’s waste issues.
By Jacob Wallace • Updated March 10, 2023 -
Major solid waste and recycling companies spent nearly $6.3B on acquisitions in 2022
The multiyear trend of heightened deal spending continues. Catch up on financial details and 2023 M&A outlooks from WM, Republic Services, Waste Connections, GFL Environmental and Casella Waste Systems.
By Cole Rosengren • March 8, 2023 -
EPR ‘crucial’ to hitting resource recovery goal, GFL exec says
Packaging and waste management stakeholders, including GFL Environmental’s vice president of resource recovery, discussed emerging policy battlegrounds at a Product Stewardship Institute webinar.
By Maria Rachal • March 3, 2023 -
Q&A
Waste Harmonics CEO sees company at an ‘inflection point’ as it grows with latest acquisition
The company, which provides third-party services and tech offerings, is pacing ahead of growth targets set during a private equity recapitalization as ESG drives customers to want more data, says CEO Michael Hess.
By Cole Rosengren • Feb. 24, 2023 -
First NYC commercial waste zone implementation could begin in 2024, DSNY says
Sanitation Commissioner Jessica Tisch shared updates on DSNY’s process of reviewing carter proposals during a Wednesday hearing and weighed in on a proposal for a new working group.
By Maria Rachal • Feb. 23, 2023 -
GFL says ‘exceptional year’ of growth driven by acquisitions, but M&A expected to slow in 2023
Getting the first RNG plants online is a priority this year, executives said. Strong earnings are expected in 2023, although volume predictions are conservative considering economic uncertainty.
By Katie Pyzyk • Feb. 22, 2023 -
Republic plans electric fleet expansion with Oshkosh deal, anticipates EV purchase jump by 2028
“We need to find what the best trucks are out there, and we're gonna buy the best trucks. And so we're really encouraging the traditional OEMs to improve their truck technology,” said Republic’s EV program lead.
By Maria Rachal • Updated Feb. 22, 2023 -
CWST 2022 earnings
Casella previews ‘robust’ year of pricing to offset inflation; notes more acquisitions ahead
The Vermont-based company reported favorable Q4 results. Executives also previewed upcoming RNG projects, investment in a rail-served landfill and further growth through acquisitions.
By Megan Quinn • Feb. 17, 2023 -
Senate Republicans push to overturn EPA’s recent heavy emissions rules
Dozens of legislators in the chamber voiced opposition to the stricter standards, which begin with 2027 model year vehicles.
By Colin Campbell • Feb. 17, 2023 -
Q4 earnings results for major waste and recycling companies
Follow the latest results from WM, Republic Services, Waste Connections, GFL Environmental, Casella Waste Systems, Clean Harbors, Stericycle and Rubicon as they close out 2022 reports and give guidance for 2023.
Updated March 9, 2023 -
WCN 2022 earnings
Waste Connections ends 2022 favorably despite headwinds; spent $2.3B on acquisitions
Waste Connections executives expect a strong start to 2023 due to anticipated acquisitions activity, as well as minor improvements in recycled commodity and energy credit values.
By Megan Quinn • Feb. 16, 2023 -
RSG 2022 earnings
Republic says it’s ready for any economy; M&A remains a priority after spending $2.7B in 2022
Executives said they anticipate growing revenue potential from the company’s environmental solutions division. The company also previewed upcoming plastic recycling center investments and acquisition plans.
By Cole Rosengren • Feb. 16, 2023 -
How the EPA’s Renewable Fuel Standard program changes could be a boon for landfill and AD operators
The program’s biggest change to date would set long-term renewable natural gas targets, add credits for powering electric vehicles and much more. WM, Republic Services, Anaergia, Covanta and others weigh in on what it means.
By Cole Rosengren • Feb. 16, 2023 -
Waste and recycling industry leaders discuss the operational impact of corporate ESG trends
LRS CEO Alan Handley and Vanguard Renewables Chief Sustainability Officer David Darr recently joined Waste Dive for a live discussion about investment trends, sustainability reporting, customer expectations and more.
By Waste Dive Staff • Feb. 15, 2023 -
Boston touts initial success of composting program as it plans expansion to 20K households
The city has about 98% participation and has collected over 500 tons since last summer's launch. Save That Stuff and Garbage to Garden share how they’re collecting with custom-built vans and eyeing further route density.
By Cole Rosengren • Feb. 9, 2023 -
City Haul: How fast-growing cities have rerouted their collection systems
Early planning and understanding future development and data needs are key strategies for smooth schedule changes, according to waste leaders who have recently gone through the process in Phoenix, Sacramento and Fort Worth.
By Maria Rachal • Feb. 6, 2023 -
WM 2022 earnings
WM boosts planned MRF and RNG spending by $590M, sees signs of inflation easing
Volumes may be flat, and recycling values are down, but executives hope cost control measures and long-term investments will offset headwinds. They said federal regulations are driving an attractive environment for RNG projects.
By Cole Rosengren • Feb. 1, 2023 -
Battery electric could be 63% of refuse truck sales come 2030: report
Electrification incentives like those in the Inflation Reduction Act may accelerate fleet conversions in the waste industry, a new analysis shows. Mack Trucks and Casella are among the companies working toward that this year.
By Maria Rachal • Jan. 31, 2023 -
Q&A
Waste Pro sees workforce gains through safety awards, creative scheduling and emphasis on women
Vice President of HR Shannon Early discusses how safety awards fit into a broader range of creative recruitment and retention efforts. Plus, she highlights four-day workweeks and high percentages of women drivers in select markets.
By Cole Rosengren • Jan. 30, 2023 -
Los Angeles launches citywide organics service, awards compost contracts worth up to $1.67B
Commingled green and food waste collection is now available to an estimated 740,000 residential accounts. WM, Recology and Athens Services are composting the material, with the potential for Anaergia to get a future contract.
By Cole Rosengren • Jan. 25, 2023 -
The Waste Dive Outlook on 2023
What you need to know on industry trends to watch, the hiring landscape, fleet maintenance and more to come as the new year gets underway.
By The Waste Dive Team • Updated Feb. 15, 2023 -
2023 outlook
Lag times, labor shortfalls and leasing: What’s affecting waste fleet management in 2023
Some supply chain issues that have made it harder to procure trucks and parts could ease, but skilled maintenance workers are still in high demand. Leasing is looking more attractive to some customers.
By Maria Rachal • Jan. 20, 2023