Collections & Transfer: Page 18
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Waste Connections acquiring 3 franchise haulers around San Jose, California
The newly confirmed transactions involving haulers that service San Jose, Milpitas and Livermore, California, all come with long-term municipal contracts that fit the company’s acquisition strategy.
By Cole Rosengren • Updated Aug. 25, 2022 -
Deep Dive // NYC commercial waste reform
New York commercial waste haulers hold their breath after submitting bids for 10-year contracts
Bids are in to operate in the Department of Sanitation’s upcoming commercial waste zone system. Haulers of all sizes are waiting to learn their fates while operating under lingering pandemic and inflationary pressures.
By Cole Rosengren • Aug. 24, 2022 -
Glass Packaging Institute launching MRF equipment leasing program, eyeing Midwest and Southeast
The group aims to help MRFs reduce contamination and generate more revenue from a cleaner glass stream while advancing toward its goal of achieving a 50% glass recycling rate by 2030.
By Katie Pyzyk • Aug. 24, 2022 -
As state PFAS in packaging laws loom, restaurants mull serviceware alternatives
During a recent webinar, attorneys at the firm Lathrop GPM outlined how restaurant franchisors can adapt with multiple state bans on the way. The waste and recycling industry has long advocated for this type of upstream action.
By Megan Quinn • Aug. 23, 2022 -
Replenysh is working to connect recycling deserts’ untapped supply of commodities with brands’ demand
The California-based startup wants to expand in communities with limited recycling access to collect materials that brands need for their circularity goals.
By Maria Rachal • Aug. 23, 2022 -
Q&A // Environmental justice conversations
Ya Fav Trashman fights illegal dumping with cleanups and social media
Terrill Haigler, a former Philadelphia sanitation worker, has become a rising star in the waste world. He discusses his new children’s book about the profession, “I’m Cool Too,” and how street cleanliness is an environmental justice issue.
By Megan Quinn • Aug. 23, 2022 -
Red River Waste sold to private equity firm for $12.6M
The sale’s finalization marks the end of a long-running bankruptcy case and bid process for the Texas-based company that experienced service issues in multiple cities over recent months.
By Cole Rosengren • Aug. 22, 2022 -
Deep Dive
Domestic destinations for recycled paper and plastic are growing. Is National Sword the reason?
A wave of investments occurred in the U.S. over the last five years, but experts debate how much is due to China's scrap import restrictions versus other economic, environmental and geopolitical factors.
By Katie Pyzyk • Aug. 22, 2022 -
U.S. may fall into recession by early 2023: Conference Board
Factors including stock market volatility and a slump in housing construction and manufacturing orders could cause a downturn by early next year.
By Jim Tyson • Aug. 18, 2022 -
Where the Teamsters are looking to grow their ranks in waste and recycling
General President Sean O’Brien’s “militant” approach is reportedly influencing discussions with employers and members alike as the waste industry’s biggest union looks to expand its reach.
By Cole Rosengren • Aug. 18, 2022 -
Biden signs Inflation Reduction Act with waste implications and $369B for climate efforts
Groups representing companies that produce RNG from waste touted the law as a major step toward reducing greenhouse gas emissions. The president called it “one of the most significant laws in our history.”
By Megan Quinn • Updated Aug. 17, 2022 -
Rubicon stock begins trading, company reports nearly $197M in proceeds from SPAC deal
The Kentucky-based technology company has started trading on the New York Stock Exchange under the symbol RBT, with plans for further expansion following the new influx of capital.
By Cole Rosengren • Aug. 16, 2022 -
Biogas industry applauds House passage of Inflation Reduction Act with ‘historic’ implications
Anaergia and the American Biogas Council said new tax credits and other provisions will be a boon for anaerobic digestion and landfill gas projects. The bill also has implications for Superfund projects and corporate tax policy.
By Megan Quinn • Aug. 15, 2022 -
Q&A
How WIN Waste Innovations’ unique set of WTE, landfill and rail assets positions it for industry expansion
In an exclusive interview at its headquarters a little over a year after the company's formation, CEO Robert Boucher discussed a possible IPO, upcoming ESG initiatives and the outlook for legacy Wheelabrator facilities.
By Cole Rosengren • Aug. 11, 2022 -
Public waste companies have spent nearly $3.9B on M&A so far this year
WM plans to get back in the mix with a greater level of spending, while Republic Services, Waste Connections, GFL Environmental and Casella Waste Systems remain quite active.
By Cole Rosengren • Aug. 10, 2022 -
Inflation Reduction Act heads to House with biogas and fleet provisions intact
Tax credits to build biogas projects and expand alternative fuel vehicles remain part of a major climate bill that could see a final vote this week. New language taxing stock buybacks would affect large waste companies, but minimally.
By Megan Quinn , Cole Rosengren • Updated Aug. 10, 2022 -
New York City rolling out ‘largest curbside composting program in the nation’ with Queens expansion
After years of budget cuts and political shifts, the Department of Sanitation says this latest organics recycling iteration will be its most cost-effective and efficient approach yet. Drop-off bins are also being added in other boroughs.
By Cole Rosengren • Aug. 9, 2022 -
Biden signs CHIPS bill, spurring hopes that supply chains for waste equipment will improve
Waste and recycling groups have previously said they hope the $52.7 billion investment in semiconductor manufacturing and related research can ease longstanding delays for trucks and other equipment.
By Megan Quinn • Aug. 9, 2022 -
Recession or not, waste and recycling companies say outlooks remain strong
Regardless of the direction of the economy, industry execs on earnings calls pointed to waste volume trends, wage rates, price increase acceptance, and experience with past downturns to express confidence.
By Cole Rosengren , Maria Rachal , Megan Quinn • Aug. 8, 2022 -
Stericycle bounces back in Q2 after slow start to the year
CEO Cindy Miller says a stronger labor pool, pricing levers and new infrastructure efficiency projects such as an automated sharps processing system will help improve business for the rest of 2022.
By Megan Quinn • Aug. 5, 2022 -
RSG 2022 earnings
Republic Services eyes $600M in 2022 acquisition spending outside of US Ecology
With the recently purchased environmental solutions business delivering on planned cost savings, Republic’s future pipeline will focus primarily on recycling and solid waste transactions, execs said during their earnings call.
By Maria Rachal • Aug. 5, 2022 -
What the Inflation Reduction Act proposal means for biogas producers and alternative fuel vehicles
Supporters such as the American Biogas Council and RNG Coalition say several provisions could help grow RNG markets, but the National Waste & Recycling Association says a corporate tax hike will hurt business.
By Megan Quinn • Aug. 4, 2022 -
Q2 earnings results for major waste and recycling companies
Catch up on the latest round of financial results from WM, Republic Services, Waste Connections, GFL Environmental, Casella Waste Systems, Clean Harbors and Stericycle.
Updated Aug. 10, 2022 -
Q2 recycling report: Commodity price peak may have subsided, MRF upgrades an ongoing priority
Follow the latest insights about market trends and investment priorities from executives at WM, Republic Services, Waste Connections, GFL Environmental and Casella Waste Systems.
By Cole Rosengren , Megan Quinn • Updated Aug. 5, 2022 -
WCN 2022 earnings
Waste Connections expects to acquire at least $470M in revenue this year, pricing drives Q2 results
CEO Worthing Jackman previewed what he estimates will be “double-digit revenue growth in 2023” due to further M&A activity, solid waste pricing increases and revenues from E&P waste services.
By Megan Quinn • Aug. 3, 2022