Collections & Transfer: Page 35
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NWRA-backed Senate legislation introduced to make waste and recycling services eligible for PPP funding
The trade group previously called a related bipartisan House bill "a win" for the industry that could address "bad debt" concerns, and this week reiterated calls for Congress to pass the legislation.
By E.A. Crunden • Updated June 18, 2020 -
Rubicon's first ESG report emphasizes software pivot, $208M potential savings for cities
The technology company plays up its municipal offerings and highlights case studies from commercial customers, while talking about a "waste wake-up call." More detailed climate metrics are expected in a future edition.
By Cole Rosengren • May 22, 2020 -
New York follows through with sanitation cuts, preserves some organics funding
Mayor Bill de Blasio's administration cut funding for curbside organics collection, recycling outreach and other areas in a new budget agreement. Funding for drop-off sites and community composting was preserved.
By E.A. Crunden • Updated July 1, 2020 -
Road ahead for recycled PET markets complicated by coronavirus-induced supply disruptions
Market analysts expect the cost of recycled PET will eventually start to gain parity with virgin, but recent low oil prices and issues with container redemption programs are complicating that outlook.
By Leslie Nemo • May 20, 2020 -
Pandemic exacerbates UBC recycling issues, following aluminum market decline
Pricing had been depressed since last year due to a variety of global factors. Now, suspensions of some container redemption and curbside recycling programs are further complicating supply issues.
By Katie Pyzyk • May 20, 2020 -
Tracking Waste Management's acquisition of Advanced Disposal, divestitures to GFL Environmental
More than 18 months after it was first announced, Waste Management has completed the $4.6 billion acquisition. Catch up on how it all unfolded with our in-depth coverage.
By Cole Rosengren • Updated Nov. 2, 2020 -
Waste Management and Advanced Disposal still negotiating divestitures as deal deadline looms
The parties have less than two months to receive Department of Justice approval and close this $4.9 billion transaction under original terms. A look at competitive concerns around Chicago show the complexities involved.
By Cole Rosengren • Updated May 20, 2020 -
How much top waste CEOs, and their median employees, earned in 2019
Recent proxy filings detail the rising, multimillion-dollar figures paid to the CEOs of Waste Management, Republic Services, Waste Connections, GFL Environmental, Covanta and Casella Waste Systems.
By Cole Rosengren , E.A. Crunden • May 18, 2020 -
Deep Dive
Carton manufacturers invested big in attaining 'recyclable' status, but can they sustain it?
By funding education, sorting technology and end markets, the industry-backed Carton Council earned highly-sought federal recyclability status. Yet some MRFs and governments question if this packaging is worth the effort.
By Leslie Nemo • Updated May 13, 2020 -
5 key pandemic trends from the solid waste industry's Q1 earnings reports
Results are in for seven publicly traded North American companies, and it's clear the industry is resilient. But many questions remain about adapting to volume shifts and whether early optimism for economic recovery will bear out.
By Cole Rosengren , E.A. Crunden • May 13, 2020 -
GFL Environmental Q1: Notable Canadian coronavirus effects, ongoing North American expansion
In its first report since going public, GFL outlined financial effects from the pandemic and optimism for an economic recovery. Executives also previewed future growth plans after starting the year with significant M&A spending.
By Cole Rosengren • May 12, 2020 -
Recycling proponents split on $1B RECOVER Act ask for future pandemic relief package
Environmental groups have decried the push for additional infrastructure funding as a "plastics bailout." The picture is more complicated when factoring in stances from other trade groups, including the glass and fiber sectors.
By E.A. Crunden • May 11, 2020 -
Major waste industry companies highlight coronavirus challenges in Q1 earnings reports
The economic effects of COVID-19 will be much more prominent in Q2 reports, but early indicators of revenue and volume declines began appearing in March. Companies also reported ongoing pressures on recycling.
By Waste Dive Team • Updated May 13, 2020 -
Waste Connections Q1: Coronavirus cut revenue by $12M, worst effects in Northeast and Canada
Q2 results will be affected, with April revenues down by 6%, but executives reported early signs of a potential turnaround. While M&A activity has been delayed, multiple deals are still in the works.
By Cole Rosengren • May 7, 2020 -
Cleveland lawmakers, unhappy with mayor's timeframe to revive recycling, eye alternatives
Cleveland is currently disposing its recyclables after an unsuccessful second attempt to secure a processing contract. While a consultant is expected to help assess next steps, elected officials and residents want quicker action.
By E.A. Crunden • Updated June 3, 2020 -
Waste Management: $40M coronavirus Q1 revenue hit, Advanced Disposal deal progressing
The company suspended 2020 guidance, repeatedly emphasizing unpredictable conditions. While executives were optimistic about early landfill trends, long-term effects on small business customers were described as "the big unknown."
By Cole Rosengren • May 6, 2020 -
Republic Services reports tough coronavirus effects, but optimistic 'worst is behind us'
Q1 earnings were positive, but more recent double-digit percentage volume declines from the pandemic shutdown have been difficult. Still, executives reported early signs of recovery and heightened M&A activity.
By Cole Rosengren • May 6, 2020 -
New York, among nation's hardest hit markets, delays commercial waste zone RFP due to pandemic
A momentous policy change will have to wait as companies ranging in size from Waste Connections to a local three truck operator report substantial volume declines due to the novel coronavirus.
By Cole Rosengren • May 4, 2020 -
Deep Dive
Puerto Rico's yearslong debate over WTE continues as the island's landfill issues mount
After a proposed incinerator project stalled in 2018, the territory's long-term plan remains uncertain as noncompliant landfills are reaching capacity. Meanwhile, recycling programs and waste reduction efforts are still evolving.
By Genevieve Glatsky • May 1, 2020 -
Masks becoming more common for collection workers despite lack of national guidance
Industry groups are following OSHA's lead and not advising the use of face coverings nationwide yet. In the meantime, more service providers are using them and state or local governments are increasingly issuing policies.
By Cole Rosengren • April 28, 2020 -
With EPR bills frozen due to coronavirus in many states, proponents still see path forward
The coronavirus has paused activity for high-profile bills focused on packaging, including one with momentum in Maine. Backers believe the current financial strain on local governments makes these policies even more important.
By E.A. Crunden • April 24, 2020 -
RoadRunner Recycling CEO says new $28.6M funding round to fuel expansion, despite pandemic
Graham Rihn discusses the Pittsburgh company's plans to scale its business, focused on capturing smaller volumes through source-separated collection, along with COVID-19 effects for a variety of customers.
By Cole Rosengren • April 22, 2020 -
Waste industry has received federal stimulus funding, but no one knows how much
The U.S. Small Business Administration could not provide a breakdown of how much went to the industry from a broader $15 billion funding category. Trade groups are aware of smaller companies applying, but also do not have data.
By E.A. Crunden • April 22, 2020 -
New player founded by former Advanced Disposal CEO enters Austin, Texas market via M&A
Integrated Waste Solutions recently acquired Central Texas Refuse and a sizable greenfield landfill project. Chairman Charlie Appleby and board member David Green discuss the potential to become "a very large company," including a focus on recycling.
By Cole Rosengren • April 21, 2020 -
One year covering COVID-19's impact on the waste and recycling sector
The coronavirus pandemic brought sweeping changes to the U.S., including significant effects for an industry that continued its work throughout the crisis. Catch up on all of Waste Dive's reporting from the initial year.
By Waste Dive Team • Updated March 15, 2021