Collections & Transfer: Page 5

WM’s chief sustainability officer on the future of recycling

Tara Hemmer sees WM’s recycling investments as key to its overall sustainability strategy. Technology will allow WM to respond to customers’ changing sustainability needs in coming years, she said.

By Megan Quinn • Nov. 10, 2023

Rubicon marks progress 1 year after profitability plan, including contract with Austin, Texas

The waste broker and technology company said it has reduced expenses by $55 million on an annualized basis, among other trends that executives described as promising. Earnings are still on track to turn positive in Q4.

By Cole Rosengren • Nov. 9, 2023

Injury rates for waste industry workers rose in 2022

Injury rates rose just a year after the Bureau of Labor Statistics reported the lowest rates since 2006. Solid waste collection workers reported slightly fewer illnesses in 2022.

By Megan Quinn • Nov. 9, 2023

Leading waste and recycling companies spent $986M on M&A in Q3

WM, Republic Services, Waste Connections, GFL Environmental and Casella Waste Systems recently reported spending totals and shared their outlooks on the deal environment heading into 2024.

By Cole Rosengren • Nov. 7, 2023

Stericycle announces ‘workforce reduction’ plan, lowers guidance

Stericycle expects future efficiencies from its new ERP system but is facing headwinds from commodity volatility. It also divested businesses in the Netherlands and UAE.

By Megan Quinn • Nov. 6, 2023

Casella reports ‘pivotal and exciting’ Q3 due to recent acquisitions and strong pricing

Casella raised revenue guidance and predicted a strong Q4 due to its retrofitted Boston MRF and operations it acquired from GFL.

By Megan Quinn • Nov. 3, 2023

GFL at ‘inflection point’ regarding debt leverage, executives say

The Canada-based company reported slightly elevated debt numbers as it continued to engage in M&A. But executives now believe GFL has a clear path to a better ratio into next year and see more profit potential from EPR.

By Jacob Wallace • Nov. 2, 2023

GFL Environmental acquires Capital Waste from Kinderhook, building Southeast presence

The transaction, announced during GFL’s Q3 earnings call, comes after the private equity firm fueled Capital’s growth in recent years. GFL CEO Patrick Dovigi said the deal happened after a competitor ran into antitrust delays.

By Cole Rosengren • Nov. 2, 2023

Casella hires former Covanta exec as CFO, Coletta remains president as part of ‘succession planning’

Brad Helgeson, who previously worked at Covanta for 15 years, is joining Casella next week. Current CFO Ned Coletta will continue on the executive team as part of a planned leadership transition at the Vermont-based company.

By Cole Rosengren • Updated Nov. 2, 2023

Q3 earnings results for major waste and recycling companies

Follow the latest results from WM, Republic Services, Waste Connections, GFL Environmental, Casella Waste, Clean Harbors, Stericycle and others.

By Janmckinley Staff • Updated Nov. 9, 2023

Republic Services touts momentum into 2024, including Indianapolis polymer center

CEO Jon Vander Ark said recent price increases and upcoming investments should position the company for favorable margin expansion next year. The company also shared updates on its electric vehicle infrastructure.

By Cole Rosengren • Oct. 27, 2023

Waste Connections reports Q3 growth despite costs from landfill and employee safety incidents

An ongoing odor issue at a California landfill and a slope failure in Texas could cost about $20M in Q4. Meanwhile, the company is planning employee training to reduce safety incident rates.

By Megan Quinn • Oct. 26, 2023

WM reports inflation headwinds are easing, shifts timing for certain sustainability projects

WM reported “strong results” in Q3, citing its pricing strategy as well as revenue growth in the collection and disposal lines and cost savings from attrition.

By Megan Quinn • Oct. 25, 2023

Tracking GHG emissions of US waste management companies

GreenWaste and VLS recently published new data on their sustainability metrics. Compare their progress with other major waste companies, including WM, Republic Services, Stericycle, Enviri and more.

By Megan Quinn , Jacob Wallace , Cole Rosengren • Updated May 9, 2024

Coastal Waste expands in Florida with multiple waste, recycling acquisitions

The Macquarie-backed company’s acquisition of S&S Waste, In & Out Portables and AFS Recycling broadens its services and allows it to increase the amount of waste it processes internally.

By Megan Quinn • Oct. 18, 2023

New York City seeks vendor to supply nearly 3.2M bins for residential container initiative

An upcoming rule, set to be phased in next fall, will lead to a new era of plastic bins for buildings with up to nine units. The city’s Department of Sanitation plans to bear no cost or responsibility for distribution.

By Cole Rosengren • Updated Oct. 16, 2023

UAW strike at Mack Trucks affects key refuse vehicle manufacturing facility

The 3,900-member strike includes a plant in Pennsylvania’s Lehigh Valley where Class 8 refuse trucks are assembled, including the company’s CNG and electric models.

By Jacob Wallace • Oct. 11, 2023

California Gov. Newsom vetoes bills on franchise agreements, SB 54 updates

Newsom also vetoed a plastic gift card ban and several bills related to packaging. He has yet to take action on a bottle bill update.

By Megan Quinn • Updated Oct. 11, 2023

Plan for these upcoming waste and recycling conferences

Upcoming events in 2024 will cover recycling, e-waste, MRF innovations, the Canadian market, biogas, thermal conversion and more.

By Megan Quinn • Updated June 12, 2024

Massachusetts awards $5M for recycling programs, with environmental justice focus

Priorities included pay-as-you-throw, curbside organics, textiles, mattresses and more. The annual grants come as MassDEP’s commissioner previewed plans to hire new staff through an “unprecedented” level of state funding.

By Cole Rosengren • Oct. 2, 2023

Recology meets cleaner fleet goal, announces new 5-year targets

The West Coast waste hauler and processor fuels 90% of its vehicle fleet via renewable or alternative fuels. It set new goals on landfill emissions and facility power.

By Jacob Wallace • Sept. 27, 2023

Rubicon completes reverse stock split to ensure NYSE compliance

The waste broker and tech company, which is targeting positive earnings during Q4, made the move to address financial strains since going public.

By Cole Rosengren • Sept. 27, 2023

With a $4M EPA grant, Baltimore looks to chart a fresh course on organics

The city's organics infrastructure is getting a jolt from the new funding. Composting advocates hope broader changes laid out in the city’s draft waste plan will follow.

By Jacob Wallace • Sept. 26, 2023

Former Recology executive Porter sentenced in San Francisco corruption case

John Porter apologized for his role in approving more than $56,000 worth of bribes to a city official, but his attorney said “the elephant in the room” was the lack of charges against Recology’s former chief operating officer.

By Cole Rosengren • Sept. 22, 2023

New York to enforce citywide commercial waste containerization in 2024

The proposed rule will lead to the containerization of an estimated 20 million pounds of waste per day. It builds on recently-enacted requirements targeting food establishments and larger retail chains.

By Cole Rosengren • Sept. 20, 2023