By Nina Trentmann Close Nina Trentmann May 10, 2020 9:00 am ET Devina Rankin wants to charge cities and towns more to pick up their trash and recyclables, since .
The Houston-based company has about 18.3 million residential customers across the U.S. and Canada. The drop in commercial and industrial trash reduced Waste Management’s revenue by about $40 million in the first quarter, hurting its profit margin. A 2018 ban by China on waste imports, which sent global prices for recyclable materials lower, affected some of the company’s margins. The decline in prices for paper, plastic, cardboard and metal hurt waste-collection companies, which previously recouped a large chunk of their recycling costs by selling the materials.
Speaking of waste, the WhiteHouse
Versus waste from work, restaurants ect...
now compare to restaurants waste numbers and office buildings.....I'll wait
Restaurant take out boxes probably the extra trash. Our fam decided to create our first compost bin ! A lot less in trash especially while cooking a lot more
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Wouldn’t lack of office building waste equal it out?
Puts knew meaning behind Rahm Emanuel’s famous quote, “Never let a good crisis go to Waste.”
STFU.
No this is bs. There isn’t waste at office buildings and malls so it’s not more just at a different place. They are probably still charging companies pick up fees at closed business they are trying to price gouge.
More waste at home and less at work spaces. So not really more waste.
That's not work! We're not printing documents to hand out at meetings. Any increase in waste is due to an increase in online shopping (packaging) with retail closed and an increase in food packaging for foods consumed at home with restaurants closed.
Not surprising since some of the company's sales managers also serve as city council members of the cities which whom they have contracts with (conflict of interest).
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How to lose customers in a crunch already,,,raise prices
It’s already $100+/week for them containers. Geebus how much more
This is the second time in as many weeks that this has been reported on In my area we pay privately for trash removal. Out out 3 companies that cover my area They are the most expensive
Business waste is way way way down. A wash
Dont worry when no one has money in six months theyll have no waste
Working at home may be producing more trash but thir workplace is producing less trash so it all evens out. Waste Management has no valid reason to raise rates.
Be green. Use cloth with bleach agents to clean! Use a bidet..if available..use plain soap and water. Launder often.
I'm having a problem believing it. One produces certain amount of waste at work and person would do same waste at home. Offset.
The waste is redistributed: less in commercial buildings, more at home. Common sense. Haulers need to strategize and adjust just like suppliers, distributors, and everyone else. Duh.
inflation is that you
The article states more residential trash and less commercial trash...it has shifted. They charge commercial customers more, therefore their earnings are down. Their real issue is with earnings, not the amount of waste.
Shouldn’t they be directing that to municipalities?
Poor headline. Probably less waste just that it’s in different places
More waste or more pollution pick one?
wouldn't there be less waste coming from restaurants and business?
Economy meltdown
Get yourself a burn barrel and join the free garbage club. Recycle the rest if you wish.
Waste Mgmnt can suck it
Sorry but that ain't correct. With business closed, less waste. They are money grubbing.
Fuel prices down
Spring Cleaning is Seasonal. Get over it.
Shouldn't there be a corresponding drop in commercial pickups?
They have a point!
Please don’t deliver the waste to Asia. Deal with it in the US.
But not producing more waste at work...so how is it more?
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Brilliant waste of time article.
We in India producing 30% less wastage in lockdown .
I guess we need this MR Fusion thingys.
Wouldn't you produce less waste...? Less ordering out for lunch? Less daily coffee trips?
Smells a special tax for home workers
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