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

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

Plan for these upcoming waste and recycling conferences

The National Zero Waste Conference is one of the next events on the calendar. Other upcoming events in 2024 will cover recycling, e-waste, MRF innovations, biogas, thermal conversion and more.

By Megan Quinn • Updated Sept. 18, 2024

LRS CEO Spencer talks 100-day plan for leading fast-growing Midwestern company

Matt Spencer says he’ll draw from previous industry experience, including time in the field, and a relationship with Macquarie to help cement a vision for the company’s M&A, infrastructure and safety investments.

By Megan Quinn • Sept. 21, 2023

Republic Services expands in Charlotte, North Carolina, area via acquisition

Republic has been more active than any of its competitors in acquisition spending this year. The deal adds an experienced hauler to Republic’s sizable presence in the region.

By Jacob Wallace • Sept. 15, 2023

Casella completes $219M acquisition of Twin Bridges

The deal includes two hauling operations, a new MRF and a transfer station in the Albany, New York, area. Casella also purchased another New York hauler, Taylor Garbage, in August.

By Megan Quinn • Sept. 5, 2023

Heritage-Crystal Clean’s $1.2B sale to J.F. Lehman will proceed after no competing offers

After closing a 35-day “go-shop” period this week, the environmental services company remains on track to go private in Q4 through this transaction.

By Cole Rosengren • Aug. 24, 2023

Anaergia sells six Italian AD projects to lender amid strategic review

The move reduces Anaergia’s European footprint as it continues a broader strategic review of operations in multiple countries.

By Jacob Wallace • Aug. 17, 2023

Large waste companies spent nearly $2B on acquisitions through Q2

WM, Republic Services, Waste Connections, GFL Environmental and Casella Waste Systems recently reported spending totals and shared M&A outlooks for the rest of 2023.

By Cole Rosengren • Aug. 10, 2023

Waste Connections’ acquisition of Arrowhead opens strategic integration, M&A opportunities

The deal could help reveal better M&A chances and remedy shrinking Northeast disposal capacity, the company says. Arrowhead recently invested in its transportation and disposal infrastructure.

By Megan Quinn • Aug. 4, 2023

Waste Connections caps Q2 with acquisition of Arrowhead waste-to-rail network

Waste Connections sees Arrowhead’s rail-served MSW landfill in Alabama as “one of our most strategic assets” to open up more integration and M&A opportunities in the Northeast.

By Megan Quinn • Aug. 3, 2023

Republic expects higher revenues amid plans for polymer centers, environmental solutions growth

Republic Services’ leaders shared new details about its polymer centers and continued integration of US Ecology, but noted it may have found the ceiling for price increases in certain markets.

By Jacob Wallace • Aug. 1, 2023

Q2 earnings results for major waste and recycling companies

Follow the latest results from Republic Services, WM, GFL Environmental, Stericycle and more as they release their midyear earnings reports.

By Waste Dive Staff • Updated Aug. 10, 2023

LRS expands Chicago metro footprint with latest acquisition, hires new CFO

The purchase of Environmental Recycling & Disposal also comes with a 600-ton-per-day transfer station that could be expanded. Macquarie-backed LRS also shared an update on executive leadership changes.

By Cole Rosengren • July 28, 2023

Coastal Waste & Recycling acquires South Carolina-based Pro Disposal

The deal brings two transfer stations and two landfills to Coastal’s portfolio in Georgia and South Carolina. A Macquarie fund recently acquired a majority stake in Coastal.

By Jacob Wallace • July 27, 2023

GFL Environmental raises 2023 guidance, pays down debt after divestitures

The Canada-based company is using higher-than-expected proceeds from three separate asset sales to improve its leverage ratio and invest more in sustainability projects.

By Jacob Wallace • July 27, 2023

Heritage-Crystal Clean set to go private in $1.2B transaction

The pending transaction could see private equity firm J.F. Lehman & Co. purchase one of North America’s larger providers of various environmental services.

By Cole Rosengren • July 20, 2023

Waste Connections acquires small hauler in Texas Panhandle

Diversified Waste Management provides a range of container rental and roll-off collection services, adding to the company’s growing regional presence.

By Cole Rosengren • July 7, 2023

Casella Waste completes $525M acquisition of GFL Environmental’s mid-Atlantic assets

The purchase of hauling, transfer and MRF assets in Delaware, Maryland and Pennsylvania is Casella’s largest deal in years. It also marks the final step in GFL’s divestiture plan.

By Cole Rosengren • July 5, 2023

Republic Services plans upgrades at recently-acquired Massachusetts MRF

Republic now has two MRFs in the state after acquiring a single-stream facility from JRM Hauling & Recycling in 2022. Waste Dive took a recent tour.

By Cole Rosengren • June 28, 2023

Coastal Waste & Recycling acquired by Macquarie fund in recapitalization deal

The Florida-based company has grown to more than 800 employees since it launched through a partnership with Summer Street Capital Partners in 2017.

By Cole Rosengren • June 13, 2023

Casella Waste to acquire New York-based Twin Bridges in $219M deal

Casella’s second major acquisition planned this year aims to enhance the company’s New York presence and add high-tech MRF and transfer station assets to its portfolio.

By Megan Quinn • June 13, 2023

Harsco, now Enviri, looks to growth in Clean Earth business and sale of rail to recover from tough year

Harsco, a 170-year-old company, is rebranding to Enviri as it looks to double down on environmental solutions and dig itself out of a debt hole.

By Jacob Wallace • June 7, 2023