Has the waste and recycling industry’s multiyear M&A boom peaked?

Experts from Stifel, Houlihan Lokey, Comerica Bank, Raymond James, Waste Connections and others weigh in on the latest trends involving valuations, private equity, environmental services, antitrust and more.

By Cole Rosengren • Nov. 27, 2023

Waste Connections’ Mittelstaedt talks industry changes, improvements during time away from CEO job

Ron Mittelstaedt discussed how trends in sustainability, technology and investor interest are “rapidly changing” the waste industry during a session at the Corporate Growth Conference.

By Katie Pyzyk • Nov. 21, 2023

Teamsters continue labor fight in Republic Services’ backyard

The union is facing an uphill battle as it attempts to negotiate its first contract for 286 employees across three unionized Republic yards in the Phoenix area.

By Jacob Wallace • Nov. 20, 2023

Mack Trucks workers vote to ratify 5-year UAW labor agreement

The agreement comes after more than a month of striking at five Mack plants, including one that assembles its refuse collection vehicles.

By Jacob Wallace • Nov. 17, 2023

AmWaste aims to scale with 3i investment after ‘quietly’ becoming sizable Southeast player

An infusion of growth capital by 3i North American Infrastructure helped AmWaste purchase disposal assets in Georgia, with more acquisitions to come. CEO Chip Russell outlines the company’s vision for expansion.

By Cole Rosengren • Nov. 13, 2023

Hainesport Transportation Group recapitalizes to expand its rail-served Northeast assets

The New Jersey-based company — which has assets such as a roll-off business, transfer station and Ohio landfill — has new backing from Tecum Capital and Environmental Services Investors.

By Cole Rosengren • Nov. 13, 2023

Austin, Texas, releases zero waste plan as population booms

The city’s goal of achieving a 90% diversion rate by 2040 remains ambitious, but Austin Resource Recovery is planning new infrastructure and expanded collections to help bridge the gap.

By Jacob Wallace • Nov. 10, 2023

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 Waste Dive 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

Follow the latest data updates from Stericycle, Synagro, Interstate Waste Services, WM, Republic Services, Waste Connections, GFL Environmental, Clean Harbors, Recology and more.

By Megan Quinn , Jacob Wallace , Cole Rosengren • Updated Nov. 28, 2023

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