Workforce: Page 2
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LRS receives credit rating downgrades, hires chief revenue officer
Moody’s and S&P both downgraded the Midwest recycler in June due in part to high debt leverage, but they maintained stable outlooks. LRS is searching for a CFO after Luke Chenery returned to Macquarie.
By Megan Quinn • July 9, 2024 -
OSHA proposes rule to protect workers from extreme heat
The standard would require employers to provide water and rest breaks when high heat creates a hazardous work environment.
By Zachary Phillips • July 2, 2024 -
Sponsored by Routeware Inc
7 key questions to ask before upgrading your billing software
Think simplicity, connectivity and efficiency when exploring new billing systems.
By Jed Dawson, VP Product Engineering at Routeware • June 24, 2024 -
Republic shareholders nix Teamsters’ proposal to report labor impact of climate policies
A strong majority of shareholders voted against the proposal, which sought to compel Republic to more explicitly detail how its investments in automation and artificial intelligence affect workers.
By Jacob Wallace • May 30, 2024 -
Q&A
Casella president outlines growth plans for mid-Atlantic and other priorities
Ned Coletta, roughly six months into his role as president, is working on multiple aspects of the company’s strategy. He recently shared updates on disposal capacity, PFAS treatment, RNG projects, training and more.
By Megan Quinn • May 16, 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 -
4 ways safety managers recommend building trust with front-line workers
Better employee engagement comes from everyday interactions with workers, said safety leaders from Casella Waste Systems, GFL Environmental, Lytx, Republic Services and Waste Connections during a panel at WasteExpo.
By Megan Quinn • May 10, 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 -
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 -
NWRA hires industry veteran Hoffman as next CEO
Hoffman, a longtime financial analyst who previously worked at Stifel, is taking on the lead role at the industry’s largest trade association.
By Cole Rosengren • April 26, 2024 -
WM credits cost savings, strong EBITDA margins for positive Q1
CEO Jim Fish said the company “outperformed our own high expectations” for Q1 through cost savings in labor and operations. Expiring RNG tax credits and anticipated MRF upgrade costs are expected to become headwinds.
By Megan Quinn • April 25, 2024 -
Waste Connections seeing labor retention improvements as it eyes ‘record’ M&A year
The company reported better-than-expected revenue for a quarter which included a sizable acquisition in Indiana. CEO Ron Mittelstaedt also shared updated thoughts on how PFAS regulations will affect the sector.
By Jacob Wallace • April 25, 2024 -
Labor Department will raise overtime salary threshold to $44K in July, $59K next year
The final rule expands overtime pay eligibility to millions of U.S. workers, the department said, and covers employees working in the waste management sector.
By Ryan Golden • April 24, 2024 -
The data on climate change’s link to employee deaths, injuries
Exposure to extreme heat, ultraviolet radiation and air pollution poses a serious threat to workers globally, the International Labour Organization said.
By Ryan Golden • April 22, 2024 -
LRS hires more C-suite execs as company refocuses under new leadership
LRS also underwent a recent round of layoffs, citing "ongoing integration efforts." The changes come after the Macquarie-backed company completed restructuring plans following a period of rapid growth through acquisitions.
By Megan Quinn • April 4, 2024 -
CMI calls for bottle bill policies that prioritize EJ, informal recycling communities
A Can Manufacturers Institute report calls for container deposit systems that are convenient and inclusive for more kinds of users, particularly informal recyclers, unhoused people and immigrants.
By Megan Quinn • March 20, 2024 -
Q&A
SWANA CEO envisions collaborative environment to build safety, culture
Amy Lestition Burke, SWANA’s new CEO, says building partnerships can make the industry and the organization stronger and better resourced to take on climate change and an evolving workforce.
By Megan Quinn • March 19, 2024 -
NWRA, partner’s new safety program aimed at smaller haulers
NWRA and Together for Safer Roads are partnering to offer online training for companies with less than 100 trucks, which often don’t have the same resources as bigger competitors.
By Megan Quinn • March 4, 2024 -
Stericycle to continue workforce reduction plans, incinerator construction
Stericycle reported a continued focus on efficiency and cost savings during its Q4 earnings call, including more ERP system rollouts and eight divestitures.
By Megan Quinn • Feb. 28, 2024 -
RSG 2023 earnings
Republic reports strong core business growth in 2023, eyes new opportunities in 2024
The company surpassed its full-year guidance as core pricing and average yield increased in the fourth quarter. Republic expects additional opportunities, including those related to PFAS, to fuel growth in 2024.
By Jacob Wallace • Feb. 28, 2024 -
Rubicon trims workforce, including COO, as part of profitability plan
The move is part of an ongoing effort to achieve profitability since the broker and technology company went public in 2022. At a recent event, CEO Phil Rodoni said Rubicon was at “the precipice” of becoming profitable soon.
By Cole Rosengren • Feb. 23, 2024 -
GFL 2023 earnings
GFL posts record solid waste pricing, sees expansion opportunities through EPR and M&A
Continued strong pricing, combined with volume shedding of subpar contracts, contributed to margin expansion in solid waste. That trend combines with other tailwinds as GFL continues to improve its debt.
By Jacob Wallace • Feb. 21, 2024 -
CWST 2023 earnings
Casella says acquisition activity, safety improvements marked an ‘exceptional’ year
Casella touted a successful year from numerous acquisitions and operational improvements. Executives previewed further infrastructure upgrades at the Willimantic recycling facility, plus a $800M acquisition pipeline for 2024.
By Megan Quinn • Feb. 16, 2024 -
Deep Dive
5 issues to watch as New York reshapes its commercial waste system
Many questions remain about how companies were selected, how much recycling investment will occur, how soon companies get electric vehicles, when implementation will begin and more.
By Cole Rosengren • Feb. 16, 2024