Corporate

Waste Connections Q2: Economic recovery may have plateaued, notable E&P declines

While an ongoing downturn in the energy market skewed results, and other volumes remain down, the company's latest earnings report showed a resilient business. Annual guidance has been reinstated, and M&A plans continue.

By Cole Rosengren • Aug. 07, 2020

Republic Services settles into pandemic conditions, expects to be 'more profitable' going forward

Q2 revenues and volumes were down, but this was offset by other savings and trends are improving. The company reiterated plans for upward of $650 million in M&A this year, largely driven by the pending Santek deal.

By Cole Rosengren • Aug. 07, 2020

NLRB overturns Browning-Ferris decision, says company is not a joint employer

The board continues to reshape joint-employer law after a 2015 decision involving a Republic Services subsidiary and Leadpoint that temporarily heralded a major shift.

By Ryan Golden • Aug. 06, 2020

GFL Environmental reports record Q2 despite coronavirus effects, resumes M&A program

While volumes have been affected by the pandemic, especially in Canada, the company's rapid growth trajectory appears largely unaffected. Two new tuck-in deals were announced, with more in the pipeline, according to executives.

By Cole Rosengren • Aug. 06, 2020

Credit system designed to boost plastics recovery launching in 2021

The standard, modeled after carbon credits, is backed by multiple large brands and described as complementary to EPR systems. The Recycling Partnership has been piloting it for one Florida project.

By Cole Rosengren • UPDATED: Aug. 5, 2020 at 4:01 p.m.

Chemical recycling gaining limited traction so far, too focused on plastic-to-fuel, report finds

The Global Alliance for Incinerator Alternatives (GAIA) takes aim at an area of growing interest for the recycling industry. The plastics industry criticized GAIA's findings and argued chemical recycling offers economic opportunities.

By E.A. Crunden • Aug. 03, 2020

Major waste and recycling companies report on a uniquely challenging Q2

The first full quarter to reflect the pandemic's effects showed volume and revenue declines among some solid waste companies, but it also saw multiple signs of resilience.

By Cole Rosengren , E.A. Crunden • UPDATED: Aug. 10, 2020 at 10:09 a.m.

Waste Management reports $400M revenue decline in Q2, additional divestitures to GFL

Company executives said results "exceeded our expectations," during an earnings call, with economic activity picking back up around the country even as COVID-19 cases rise.

By Cole Rosengren • July 30, 2020

The CFO's responsibility on diversity, unconscious bias and positive outcomes

During a CFO Live virtual event, panelists discussed diversity & inclusion efforts and where CFOs are particularly poised to make a difference.

By Jane Thier • July 29, 2020

On top of coronavirus, industry faced with surprising year of safety trends

The pandemic may have influenced a temporary reduction in vehicular incidents, but distracted driving, speeding, facility fires and heat exposure remain persistent issues for workers.

By Cole Rosengren • July 28, 2020

Halfway through an upended year, 8 big questions remain for waste and recycling

Back in January, Waste Dive laid out guiding themes for coverage around safety, M&A, sustainability, policy, organics and PFAS. Now, the pandemic has changed many of them and racial justice is also receiving heightened attention.

By Cole Rosengren , E.A. Crunden • UPDATED: July 28, 2020 at 8:55 a.m.

Deep Dive

Renewed interest in automated side loaders driven by pandemic concerns, persistent safety issues

ASLs have become increasingly popular with some predicting they could see more interest due to pandemic safety concerns. But tighter capital budgets may be a short-term challenge.

By Leslie Nemo • UPDATED: July 23, 2020 at 11:06 a.m.

Flexible packaging separation pilot deemed a success, but end markets unproven

Curbside collection of this emerging stream isn't expected to happen at scale near-term, and sustainable markets don't currently exist. But the Pennsylvania MRF that tested it reports clear benefits.

By Katie Pyzyk • July 22, 2020

Waste Management expected to pay $2.3M in New York landfill settlement

Under the terms awaiting judicial approval, the company would pay $1.3 million into a class action fund and $1 million for "improvement measures" at the High Acres Landfill. A second lawsuit over the site remains ongoing.

By E.A. Crunden • July 21, 2020

Waste industry received at least $583M in PPP loans, preserved 67K jobs

Nearly 4,000 industry participants have received funding from the pandemic relief program since April, according to U.S. Small Business Administration data. Waste Dive has collected the full list for public access.

By E.A. Crunden , Cole Rosengren • July 16, 2020

Container demand changing alongside pandemic-driven volume shifts

Service providers are adjusting capital spending following months of heightened residential activity and regional drops in commercial waste. Cart and container manufacturers discuss the emerging effects for their businesses.

By Lori Lovely • July 14, 2020

Diageo and PepsiCo will debut paper bottles in 2021

The alcohol giant will launch the 100% plastic-free packaging for Johnnie Walker whisky early next year, while PepsiCo and Unilever are developing it for their products. 

By Lillianna Byington • July 14, 2020

Deep Dive

Risk and race concerns fuel ongoing debate around hazard pay during pandemic

Sanitation workers have held numerous strikes and demanded concessions including hazard pay, frequently linking their fight to movements like Black Lives Matter. But the issue remains a contentious one for the waste industry.

By Cole Rosengren , E.A. Crunden • July 09, 2020

Wheelabrator acquires New England hauler as part of vertical integration strategy

Charles George Companies, which has a decades-long history in the region, represents an expansion into collection and recycling operations across two states for the Macquarie-backed waste-to-energy company.

By Cole Rosengren • July 08, 2020

Major brands extend $54M investment with Closed Loop Partners despite pandemic

A group of leading corporate foundations and CPG companies are renewing their original investment in the Closed Loop Infrastructure Fund to bolster recycling through MRF upgrades, contamination reduction and other actions. 

By E.A. Crunden • July 01, 2020

Public and private sector leaders project long-term changes due to coronavirus

During last week's SWANApalooza, Waste Connections, DSNY and other service providers discussed expectations for operational and fiscal changes to last into at least 2021.

By Cole Rosengren • June 29, 2020

GFL Environmental plans to accelerate US expansion following $835M divestiture acquisition

Pending assets from Waste Management and Advanced present multiple integration and expansion opportunities in 10 states, with GFL CEO Patrick Dovigi describing a move into Wisconsin as a "once in a lifetime opportunity."

By Cole Rosengren • June 25, 2020

Top consumer brands seen falling behind on recycling goals, failing to avert plastic pollution

None of the 50 companies evaluated by shareholder advocacy group As You Sow earned higher than a B- on recycling, reusability or compostability goals. Multiple companies pushed back on the report.

By E.A. Crunden • June 24, 2020

Waste Management renegotiates Advanced deal for $4.6B, GFL named as divestiture buyer

The deal is now anticipated to close in Q3, pending federal regulatory approval, but the parties have reached an agreement on new terms. GFL Environmental will pay $835 million for assets across 10 states.

By Cole Rosengren • June 24, 2020

Waste Management-Advanced divestitures projected to be substantially above original cap

Analysts and others report the federal antitrust review continues as closure targets rapidly approach. GFL Environmental is widely considered the likely buyer for a package centered around Wisconsin and the Great Lakes region.

By Cole Rosengren • June 23, 2020