Collections & Transfer: Page 4
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Enviri outlines long-term plans for ‘complete suite’ of PFAS services, rail divestment
During an investor day event, Enviri touted plans to offer a broad range of PFAS services as part of its move to become a full-service environmental remediation company and potentially hit $2.7 billion in revenue by 2027.
By Megan Quinn • June 25, 2024 -
NYC officials spotlight commercial waste zone selection, pricing and M&A
A tense council hearing elicited more context about how the Department of Sanitation selected companies for coveted 10-year contracts but little new information on implementation timing beyond the first zone.
By Cole Rosengren • June 7, 2024 -
WM-Stericycle acquisition
WM CEO says medical business growth makes Stericycle deal an attractive fit
During the Stifel Cross Sector Insight Conference, WM executives shared more insight about how Stericycle’s positioning in the medical waste and recycled paper markets aligns well with their long-term plans.
By Megan Quinn • June 6, 2024 -
WM-Stericycle acquisition
WM to acquire Stericycle in $7.2B deal
WM sees the acquisition as a way to capitalize on anticipated growth in the healthcare waste sector and position itself as a “single, trusted provider” for numerous waste services.
By Megan Quinn • June 3, 2024 -
Rubicon president and CFO Schubert resigns; interim CFO named
Kevin Schubert is the second top executive to depart the company in recent months. The change comes as the company has trimmed its business in a bid to reach profitability.
By Jacob Wallace • May 31, 2024 -
GFL Environmental selling Detroit-area residential business to Priority Waste
The pending deal, which includes more than 70 municipal collection contracts in the region, could make Priority the largest residential service provider in the state.
By Cole Rosengren • May 31, 2024 -
Waste history group debuts at WasteExpo with vintage San Francisco truck
The Waste Industry Historical Society showcased an antique truck and a video about the evolution of Sunset Scavenger in San Francisco. The group aims to grow its reach and feature more companies.
By Cole Rosengren • May 24, 2024 -
Deep Dive
Battery electric, hydrogen or CNG trucks? WasteExpo attendees say all of the above
As fleet operators try to keep up with federal and state emissions reduction requirements, the technology available to them is advancing quickly. Executives discussed key themes related to range, cost and infrastructure in Las Vegas.
By Cole Rosengren • May 22, 2024 -
Rubicon pays down debt, discloses revenue for divested fleet tech business
In its first earnings report since a recent sale of assets, Rubicon shared an updated look at its financial standing. This included specific details on its software-as-a-service business that had not been reported before.
By Cole Rosengren • May 21, 2024 -
Apex Waste Solutions aims to scale in consolidated Colorado market
Apex launched with a goal of offering independent service after larger companies bought out many local haulers. Now, with private equity backing from Kinderhook, the company is growing quickly through its own purchases.
By Cole Rosengren • May 20, 2024 -
DTG Recycle names new CEO
Jordan Reber recently took the helm at the Washington-based company, which is backed by Macquarie. He brings experience with heavy equipment and leadership from multiple prior roles.
By Cole Rosengren • May 17, 2024 -
NWRA fleet safety program gets cohort of 10 smaller waste haulers
A partnership with Together for Safer Roads offers training for smaller operators that may not have the same resources as their larger competitors. Participants include Anchor Disposal, Balcones Resources and Rio Grande Waste Services.
By Cole Rosengren • May 14, 2024 -
Q&A
Waste Pro leaders talk employee training and growth plans in the Southeast
CEO Sean Jennings and COO Keith Banasiak say offerings like CDL and technician schools, plus a focus on customer service and selective acquisitions, could help them hit the $2 billion revenue mark in a few years.
By Megan Quinn • May 14, 2024 -
Mittelstaedt touts ‘significant’ labor improvements after returning as Waste Connections CEO
The company is making major labor and retention changes, investing in internal training and hiring and reducing voluntary turnover, CEO Ron Mittelstaedt said during WasteExpo.
By Megan Quinn • May 13, 2024 -
Rubicon exits software, city business in deal with major shareholders
CEO Phil Rodoni said the deal gives Rubicon “financial agility” at a time when it has struggled to remain profitable.
By Jacob Wallace • May 7, 2024 -
Public waste companies spent nearly $1.3B on M&A in Q1, but deals were few
Waste Connections led the group with multiple notable transactions, including a large E&P waste purchase, but other companies had a more muted start to the year.
By Cole Rosengren • May 6, 2024 -
Waste Harmonics, Keter announce Bob Boucher as new CEO
The announcement ensures a single leader for the two companies, which officially combined under equity platform TPG in October. Boucher was previously president and CEO of WIN Waste Innovations for eight years.
By Jacob Wallace • May 3, 2024 -
Enviri pauses Harsco rail sale plans but reports positive outlook for Q1
Enviri executives focused on cost savings and improved debt leverage as the company reconsolidates rail assets, which it had trouble selling despite interest from buyers.
By Megan Quinn • May 2, 2024 -
FCC Environmental Services names new CEO, promotes prior one to international role
Dan Brazil, formerly COO, is taking over the North American waste business of the FCC Group as Inigo Sanz moves up to a higher role. The news comes as FCC finalized a contract in St. Paul, Minnesota, this week.
By Cole Rosengren • Updated May 3, 2024 -
GFL eyes new opportunities in Canada amid improving cash outlook
Revenues outperformed expectations and costs improved in the first quarter of the year, executives said, leading to an updated outlook for the company for the full year.
By Jacob Wallace • May 2, 2024 -
Clean Harbors announces Noble Oil acquisition, ‘stronger than expected’ Q1
Clean Harbors is also in the process of integrating its recent HEPACO acquisition, and its Safety-Kleen segment will soon partner with Castrol on a recycled lubricant partnership.
By Megan Quinn • May 2, 2024 -
Republic announces progress on polymer centers, growth from M&A in Q1
The company reported another quarter of revenue growth, thanks in part to rising commodity prices and recycling investments yielding results.
By Jacob Wallace • May 1, 2024 -
Q1 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, Enviri and Stericycle.
By Waste Dive Staff • Updated May 6, 2024 -
Casella highlights pricing growth, infrastructure project progress in Q1
The Northeastern company detailed plans for fleet optimization, M&A positioning and major mid-2024 facility projects related to rail and RNG improvements.
By Megan Quinn • April 26, 2024 -
Stericycle reports progress on workforce and fleet optimization plan, touts new document service
The company reported margin improvement from various cost saving measures, and shared construction updates for an upcoming incinerator project in Nevada.
By Megan Quinn • April 26, 2024