Collections & Transfer: Page 4
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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 -
NWRA hires industry veteran Hoffman as next CEO
Michael E. Hoffman, a longtime financial analyst who currently works 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 -
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Common wastewater challenges and how to solve them
For many businesses, wastewater offers unique challenges that require best-in-class solutions.
April 22, 2024 -
Q&A
Stericycle executive talks sustainability, long-term efficiency plans
Cory White, Stericycle’s chief commercial officer, says data insights and customer demand are driving the company’s long-term sustainability strategy, including through fleet optimization, recycling and other efficiencies.
By Megan Quinn • April 16, 2024 -
Waste Connections alleges broker Haulla stole business by impersonating customers
Waste Connections says Haulla, part of Ecube Labs, illegally used its online platform to steal customers in Texas. Haulla’s website offers to help new customers break contracts with their existing haulers.
By Megan Quinn • April 11, 2024 -
CNG vehicles, now mainstream, remain popular options for the waste industry
While electric vehicles are gaining more attention, waste companies and vendors such as Labrie Group say demand for compressed natural gas vehicles is growing as an alternative to diesel.
By Barbara Hesselgrave • Updated April 11, 2024 -
Filco Carting hires CFO with Macquarie, Tunnel Hill experience
Dymah Paige joined the company as it prepares to start servicing commercial waste zones in New York City and scales up municipal contracts in New Jersey — where it recently prevailed in a court battle.
By Cole Rosengren • April 9, 2024