Collections & Transfer: Page 15
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Closed Loop launches new recycling company, Circular Services, with $700M investment
Combining the operations of Sims Municipal Recycling, Balcones Resources, Retrievr, HomeBiogas and more, the new company, to be led by Closed Loop CEO Ron Gonen, is being touted as a “holistic” service provider.
By Cole Rosengren • Nov. 15, 2022 -
Deep Dive // California's organics experiment
Is California’s 2025 organics diversion target still viable?
An independent commission is now assessing whether course corrections are needed for the state’s landmark SB 1383 law. CalRecycle, WM, Republic Services, Agromin, Anaergia and many others have weighed in.
By Cole Rosengren • Nov. 14, 2022 -
Rubicon pledges ‘progress to profitability’ and shares plans to grow company’s earnings potential
In Rubicon’s first earnings call since going public and seeing its founder step down, CEO Phil Rodoni named “profitability as the core tenet of our strategy and corporate culture going forward” and announced a new company president.
By Cole Rosengren • Nov. 10, 2022 -
Injury and illness rates for waste workers hit ‘historic’ low in 2021
SWANA says the decreased rates for workers on collection routes, as well as in MRFs and at landfill sites, are at their lowest since 2006.
By Megan Quinn • Updated Nov. 11, 2022 -
Elections 2022: Denver greenlights recycling expansion, a close decision on San Diego trash fees and more
Voters in California, Colorado, Michigan, New York and Vermont weighed in on a range of state and local initiatives with implications for waste and recycling as part of Tuesday’s election.
By Maria Rachal • Nov. 9, 2022 -
Waste execs pull back the curtain on inflation-driven pricing strategies
Leaders from LRS, Casella Waste Systems, Waste Pro, Denali Water Solutions and more shared their strategies during the Corporate Growth Conference.
By Cole Rosengren • Nov. 8, 2022 -
Q&A
Upstream CEO talks about the role of EPR in expanding reuse-refill, ‘golden opportunity’ for recycling industry
The reuse-refill sector has become increasingly mainstream, as shown by the nonprofit’s Reusies award event. Matt Prindiville shares his latest outlook on where it’s going next and how the traditional waste industry can be involved.
By Cole Rosengren • Nov. 7, 2022 -
Top waste companies spent $1.1B on Q3 acquisitions, with more to come
Here’s what executives at the industry’s largest companies had to say about the M&A environment this year — and how much each has spent.
By Cole Rosengren • Nov. 4, 2022 -
Plastic markets fall, EPA urged to update policies and other top recycling stories from October
The month’s notable recycling headlines include recent plastic market trends, questions about the United States' long-held waste hierarchy and calls to standardize recycling bin labels.
By Megan Quinn • Nov. 2, 2022 -
Where voters will consider waste and recycling initiatives
San Diego and Denver are among the localities with ballot measures, which range from affecting waste fees to recycling facility funding to more access to composting.
By Maria Rachal • Nov. 1, 2022 -
Mattress, textile, organics disposal bans begin in Massachusetts
The state’s Department of Environmental Protection is now requiring local governments and businesses to keep certain materials out of the waste stream.
By Cole Rosengren • Nov. 1, 2022 -
Waste Connections reports a decline in GHG emissions despite acquisitions, sets new ESG targets
The company plans investments in RNG facilities, MRFs and electric collection vehicles as well as new goals to cut Scope 1 and 2 emissions by 15%, building on a recent decline of 7%, it said in its 2022 sustainability report.
By Cole Rosengren • Oct. 31, 2022 -
Q3 earnings results for major waste and recycling companies
Follow the latest round of financial results from WM, Republic Services, Casella Waste Systems, Waste Connections, GFL Environmental and more.
Updated Dec. 1, 2022 -
CWST 2022 earnings
Casella reports 13 acquisitions in 2022, sees M&A opportunity in potential recession
The Vermont-based company said its pricing and fee strategy have worked well in a tight economic environment. Executives also previewed upcoming plans for acquisition and landfill expansion spending.
By Cole Rosengren • Oct. 28, 2022 -
Environmental justice voices in the waste and recycling industry
Catch up on these Q&A conversations with experts from the U.S. EPA, Ya Fav Trashman, Detroit Dirt and others on how the waste and recycling industry can play a role in environmental justice efforts.
By Megan Quinn • Updated March 14, 2023 -
RSG 2022 earnings
Republic Services pricing at record highs as it fights recycled commodity price declines and cost inflation
The company is still integrating US Ecology while returning M&A focus to solid waste and recycling. Leaders also noted in an earnings call the opportunity to work with BP, which is buying renewable natural gas projects partner Archaea.
By Maria Rachal • Oct. 28, 2022 -
Casella narrows ESG focus to 5 key targets for 2030
The Vermont-based company previously set 10 ESG targets in its 2020 report but has narrowed the focus to five key metrics related to emissions reduction, recycling volumes, fleet efficiency and more.
By Cole Rosengren • Oct. 27, 2022 -
WM 2022 earnings
WM spent nearly $200M on acquisitions in Q3, outlines future potential of big ESG investments
Recycling revenues are taking a hit, but executives said their updated contract models will provide insulation. CEO Jim Fish also shared a goal to eventually expand margins via price increases, not just recover costs.
By Cole Rosengren • Oct. 26, 2022 -
WM sets new ESG targets for GHG emissions, recycling volumes, diversity and more
The company’s first full-year report since acquiring Advanced Disposal Services shows an emissions uptick, but WM says upcoming investments will reverse that.
By Cole Rosengren • Oct. 26, 2022 -
Rubicon’s stock has struggled since going public. Is the SPAC trend to blame?
The tech company — which brokers waste and recycling services — rang the opening bell on Wall Street this week after its stock price declined and its founder stepped down as CEO. Analysts say a turnaround is still possible.
By Cole Rosengren • Oct. 21, 2022 -
Waste Connections purchasing California company Upper Valley Disposal
Upper Valley provides a range of collection, recycling, composting and disposal services in Napa County. Following the recent death of founder Bob Pestoni, the family decided to sell its multigenerational business.
By Cole Rosengren • Oct. 19, 2022 -
Lost carts, heavy volumes: Florida waste haulers get back to work after Hurricane Ian
Waste Pro and WM are among the companies that have worked through heavy waste volumes, long wait times at disposal sites, damaged infrastructure, limited access to certain island areas and other disruptions.
By Maria Rachal • Oct. 18, 2022 -
New York approves another increase to commercial waste rates in rare move driven by inflation
Licensed haulers in the five boroughs operate under maximum pricing caps that can remain unchanged for years. The city’s move is a recognition of rising labor, fuel, equipment and disposal costs.
By Cole Rosengren • Oct. 18, 2022 -
Q&A
3 questions with Trash Warrior, the B2B hauling platform used by big brands like Amazon and Instacart
Founder and CEO Lily Shen discussed a recent $8 million funding round and how the San Francisco-based startup is trying to bring reliability, accountability, sustainability and transparency to waste removal tasks.
By Maria Rachal • Oct. 17, 2022 -
Rubicon founder Nate Morris steps down as CEO soon after taking company public
Phil Rodoni, previously the company’s chief technology officer, has been elevated to the lead role. Rubicon has seen its financial standing decline less than two months after going public.
By Cole Rosengren • Oct. 14, 2022