Workforce: Page 8
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Stericycle bounces back in Q2 after slow start to the year
CEO Cindy Miller says a stronger labor pool, pricing levers and new infrastructure efficiency projects such as an automated sharps processing system will help improve business for the rest of 2022.
By Megan Quinn • Aug. 5, 2022 -
RSG 2022 earnings
Republic Services eyes $600M in 2022 acquisition spending outside of US Ecology
With the recently purchased environmental solutions business delivering on planned cost savings, Republic’s future pipeline will focus primarily on recycling and solid waste transactions, execs said during their earnings call.
By Maria Rachal • Aug. 5, 2022 -
Q2 earnings results for major waste and recycling companies
Catch up on the latest round of financial results from WM, Republic Services, Waste Connections, GFL Environmental, Casella Waste Systems, Clean Harbors and Stericycle.
Updated Aug. 10, 2022 -
Clean Harbors says industrial reshoring is helping waste pipeline, reports Georgia acquisition
The environmental services company saw significant growth in its latest results, touting signs it thinks will continue in the months ahead. During their earnings call, executives also discussed capacity expansion, PFAS and ESG impacts.
By Cole Rosengren • Aug. 3, 2022 -
Appeals court sends Browning-Ferris joint employer orders back to NLRB
The ruling comes as the agency reportedly is preparing new joint employment regulations. The original case relates back to organizing efforts led by temporary workers at a Republic Services subsidiary’s MRF in California.
By Kate Tornone • Aug. 2, 2022 -
GFL 2022 earnings
GFL Environmental largely overcomes inflation through pricing and fuel charges, raises 2022 revenue guidance
Executives outlined ongoing efforts to recover direct fuel costs, similar to existing programs by major competitors, and shared an updated outlook on acquisition strategy given the inflationary environment.
By Cole Rosengren • July 28, 2022 -
WM 2022 earnings
WM raises 2022 guidance, plans to restart notable M&A spending
CEO Jim Fish said during the company’s July 27 earnings call that even if an economic slowdown occurs, WM is well-positioned to gain market share. New investments in RNG projects and MRF automation are also progressing.
By Cole Rosengren • July 27, 2022 -
Nashville approves $13.5M in new collection contracts with Platform Waste, Waste Pro
The new contracts are the latest ripple effect from Red River’s service issues in recent months. They follow emergency contracts the city approved with WM and Waste Pro earlier this year.
By Cole Rosengren • July 22, 2022 -
Fueled by new Clairvest investment, Boston Carting has many plans for the 'hottest market in the country'
CEO Patsy Sperduto, along with investors from Ironwood Capital and Laurel Mountain Partners, talk about future development and acquisition plans for the fast-growing company following a recapitalization.
By Cole Rosengren • July 21, 2022 -
Republic Services reports on progress toward 2030 climate goals, restates emissions accounting
The company says it’s on track to reduce greenhouse gas emissions and boost recovery of certain “key materials,” with more electric vehicles on the way. It has also begun using an industry-created emissions standard.
By Cole Rosengren • Updated July 22, 2022 -
Citing weak enforcement, advocates pitch $100M OSHA funding increase
A budgetary expansion of that size would be roughly five times greater than what OSHA received in the most recent Congressional spending bill.
By Ryan Golden • July 13, 2022 -
Q&A
Allied Industrial Partners expects Waste Eliminator to be 'first of several' industry investments
The latest private equity firm to enter this space discusses its $150 million investment plans for the Atlanta-area company, plus its own aspirations for other waste and recycling transactions.
By Cole Rosengren • July 13, 2022 -
American Trucking Associations says 4 factors will fuel worsening driver shortfall
Retirements are leading the trade group’s projection of a 160,000 driver shortfall by 2030. Drug and alcohol violations are seen as one factor sidelining potential drivers.
By David Taube • July 11, 2022 -
Summer heat affects collection routes as OSHA continues process toward workplace heat standard
Waste and recycling workers are among those at risk for heat stress and illness as many parts of the U.S. experience record-breaking temperatures.
By Maria Rachal • July 6, 2022 -
Red River bankruptcy proceedings continue as GFL Environmental takes over Fort Wayne contract
The Texas-based company is in talks to be acquired by a private equity firm. Meanwhile, the Indiana city is cutting ties with Red River after months of service issues that have also been seen in Nashville and elsewhere.
By Cole Rosengren • July 1, 2022 -
Pay growth continued for top waste and recycling leaders in 2021 as CEO-median employee pay ratio widened
See the latest compensation data for executives at WM, Republic Services, Waste Connections, GFL Environmental, Clean Harbors, Stericycle, Harsco and Casella Waste Systems in our annual report.
By Cole Rosengren • June 29, 2022 -
NYC commercial waste reform
As inflation surges, pricing becomes focal point for upcoming New York commercial waste zone system
The city recently approved its first waste rate cap increase since 2018 and added greater weight to pricing proposals for a bid process that will reshape the market. Local stakeholders remain wary about how things will unfold.
By Cole Rosengren • June 27, 2022 -
Q&A
WM explains plans to accelerate automation amid a 'war for talent'
With the company potentially phasing out up to 7,000 positions in the next few years, Chief Customer Officer Michael Watson elaborated on efforts to “upskill” employees and seize growth opportunities even in a tight labor market.
By Maria Rachal • June 15, 2022 -
California’s high-stakes experiment to cut organic waste disposal 75% by 2025
Waste companies and local governments in the state are making massive investments and operational changes to meet the demands of SB 1383. Explore the implications with our ongoing series.
Updated Nov. 14, 2022 -
Recology SF corruption investigation
San Francisco voters approve reform measure in wake of Recology corruption scandal
The first major change to the local refuse ordinance in 90 years will update a rate-setting process that resulted in significant overcharges. It could also affect the company’s lock on hauling permits, pending further legislative action.
By Cole Rosengren • June 8, 2022 -
City Haul: Federal pandemic funds offer rare opportunity for waste and recycling investments
Climate and cleanliness goals, plus worker safety concerns, help sanitation projects compete for flexible American Rescue Plan funds, as localities also await next steps on the rollout of recycling grants through the infrastructure law.
By Maria Rachal • May 24, 2022 -
Q&A
Willie Goode, founder of multiple DC-area waste companies, reflects on 30 years in business
After starting out on the back of a truck, the CEO of Maryland-based Goode Cos. has since grown a multi-company portfolio. He reflects on what it took to get there, a tough contract experience in Florida and what's next.
By Cole Rosengren • May 23, 2022 -
WasteExpo 2022
How top waste companies are competing around M&A, recycling, inflation and labor
Hear what executives from Casella Waste Systems, Coastal Waste & Recycling, LRS, Republic Services, USA Hauling & Recycling, Waste Connections and others had to say about key trends at WasteExpo.
By Cole Rosengren • May 18, 2022 -
WasteExpo 2022
Dispatches from WasteExpo Day 1: Latinx business leaders, mobile collection apps and PFAS in biosolids
The industry's largest event kicked off with sessions focused on the link between diversity and sustainability, young rising leaders, fleet technology rollouts, a notable new PFAS law in Maine and more.
By Cole Rosengren , Maria Rachal , Megan Quinn • May 10, 2022 -
RSG 2022 earnings
Republic Services plugs US Ecology-driven expansion, Archaea RNG deal
After finalizing the $2.2 billion US Ecology acquisition, Republic said it has another $400 million worth of solid waste and recycling deals "in the advanced stages of closing" and is eyeing tuck-ins in environmental solutions.
By Maria Rachal • May 6, 2022