While garbage service is franchised, businesses may contract with the recycling service provider listof their choice. And it was not -- there wasn't one less workday. RIN pricing would be one of those. Request a Free Paper Recycling Bin. This will help in proper recycling and safe disposal of e-waste. Jim Fish -- President and Chief Executive Officer. Landfills, transfer stations and waste-to-energy facilities across the Commonwealth will no longer accept mattress and box springs for disposal. redefine ways to deal with e-waste to achieve our sustainability View Regular Schedule. So we've chosen to make that -- it's an incrementally positive step to go to C&G. So on the call center side, we did not refill about 580 positions last year and there are another 300 that we will choose not to refill this year. On the other side, recycle pricing, as we talked about a little bit earlier, is right on our expectations. Sarasota CountyOrdinance 2006-001outlines the mandatory recycling requirements in unincorporated portions of Sarasota. But can you just kind of remind us what is embedded -- or the level of unit cost inflation that's kind of embedded in the 2023 guide and maybe where are you today? They just happen to be higher than our expectations. Free RecycleRight App - Better than EVER! Recycle Real Christmas Trees Throughout Central Virginia, City of Richmond E-Cycling, Paper Shredding and Household Hazardous Waste Collection, Chesterfield County Shred and e-Cycling Event. As Jim mentioned, our first-quarter organic revenue growth in the collection and disposal business was 7%. So we've said that we think PFAS is more of an opportunity than a risk for us. As we move from traditional rear load to automated side loaders, we're taking a helper off the back and getting about a 30% productivity pickup, which equates to lower driver technician and truck capital needs. We see this as something else that the customers will receive as a positive from WM investing economically and environmentally beneficially in a differentiated fleet to service. Can I ask just a follow-up on that? I think -- when it all comes down to it, I think we talk about automation and optimization. Your line is open. It's a good point, though, because RNG is a renewable fuel. We're not -- because we haven't been receiving the trucks, I mean, you can't make that swap obviously without the truck. With profitability improving in each line of business and contract wins with healthy price increases, we're pleased to see our differentiated service and disciplined approach to yield benefits. The 2023 Curbside Recycling Calendar is Here! While this is certainly better and shows some easing of the significant supply chain constraints from a year ago, we're still waiting for truck deliveries we planned for 2022. That's the subtlety of your model because so much of your business resets in the first half. Log in Sign up And then just on recycling, just trying to get some better gauges or indicators of demand. For holidays on Saturday or Sunday, there are no delays. Yeah. If you have general questions for Martin County Utilities and Solid Waste that are not pertaining to Waste Management-provided services, please call Martin County Utilities and Solid Waste customer service 8 a.m. to 5 p.m., Monday - Friday at (772) 221-1434. effective implementation of the Extended Producer's Thank you for the question. Hi, team. And our goal is to ultimately get to 90%. Residents may also submit concerns or issues to the Village online with GONorthbrook or via phone at 847-664-4010. It has been, at this point, EPA has designated PFAS as a hazardous material. During the call, Jim, John, and Devina will discuss operating EBITDA, which is income from operations before depreciation and amortization. By using our website you agree to our use of cookies as set out in our Privacy Policy. Tony Bancroft -- Gabelli Funds -- Analyst. Time-sensitive information provided during today's call, which is occurring on April 27th, 2023, may no longer be accurate at the time of a replay. Electronics and Information Technology and Standards of Bureau of And we're starting to see truck orders fulfilled, which benefits every aspect of our cost structure because employee engagement is better, downtime on route is minimized, repair costs to reduce, and expensive rentals can be eliminated. Learn more about the curbside recycling transition by reading the, Explore our parks, facilities and programs, Find latest alerts, incidents and reports, Central Virginia Waste Management Authority, Tidewater Fibre Corporation (TFC) Recycling, Central Virginia Waste Management Authority (CVWMA), Email Waste and Resource Recovery Division, Freedom of Information Act Requests (FOIA). I know it historically don't, but I think it helps put in perspective Tyler's question. And when China has closed down with their COVID policy, that hurt worldwide demand. But as you saw within our post-collection pricing and more specifically our transfer stations, we continue to address that through the revenue quality of the remote gates at or the transfer station. The good news is we see signs of easing cost pressures and the steps we are taking to combat higher costs are also showing benefits. I would tell you that as far as the overall macro economy, we've been looking at it closely because it seems as if every day, somebody comes out with a different projection. And it's got to be through technology. Overall adjusted operating EBITDA grew nearly 4% and operating EBITDA in the collection and disposal business grew 7% in the quarter. collected, dismantled, and recycled in an environmentally sound These entities are So we're certainly confident in that aspect of the guidance that we provided. maximum prescribed concentration. All rights reserved. I want to point out a couple of things that happened in Q1 that we don't see as indicative of the margins that we'll expect for the remainder of the year. And he talked about 30% productivity pick up there. As we exited those numbers, went up past historic averages. Great. Support. India is third largest e-waste generator in the world. Good morning. Should be enjoyable. OK. And then on the commodity side, the other pieces of your model are RINs in nat gas and electricity. I can't thank our hard-working team members enough for all of their contributions to our success. Share & Bookmark, Press Enter to show all options, press Tab go to next option, Emergency Rental Assistance Program (ERAP), Phillippi Creek Septic System Replacement, Arts and Cultural Alliance of Sarasota County, Proclamations and Certificates of Recognition, Transportation (Hurricane Evacuation Center), A Claim for Property Damage or Personal Injury. Youtube So far in 2023, the WM team continues to deliver strong performance. This ordinance applies to all commercial buildings constructed after Dec. 7, 1993 (the date the original Ordinance 92-102 was adopted). John will cover an operating overview, and Devina will cover the details of the financials. notified the E-Waste (Management) Rules, 2022 on 2nd November 2022 Refurbisher's are under a duty to collect e-waste generated We'll be at 75% probably by the end of the year. I could say the same thing about MSW volume or a couple of the other things. Because I think there's some waiting issue there that people should appreciate given that 70% of your index is happening now and it's a number from last summer, not the end of the calendar year. Learn More, Waste Management(WM 0.45%)Q12023 Earnings CallApr 27, 2023, 10:00 a.m. You reiterated guidance for the 80 basis points improvement for 2023. as per Compulsory Registration Scheme of the Ministry of human well-being for today's generations does not lead to To schedule rear door garbage service, contact Waste Management at 941-493-4100. Also, please remember that it is never okay to dump yard waste in or near a wetland or body of water.Local sites:Bridgewater Farm Supply, 1000 Plymouth Street, Bridgewater, MA 02379(508) 697-0357 - Leaves and Brush - $10/yardSouth Ridge Farm & Nursery, 399 South Street, Walpole, MA 02181(508) 668-0401 - Leaves and Brush - $11/yard. 8 a.m. to 5 p.m. (772) 546-7700. It's a great question, Jerry. The rules So we're getting traction even above that CPI number. This will help in Did you know you can get updates on your service ETA with My WM? Good morning everyone and thank you for joining us for our first-quarter 2023 earnings conference call. Give us time to figure out our solution once those do ultimately go away. So thanks for joining us this morning, and we'll see you next week. Those have been at the historic low end of our ranges and continue to be there. Chesterfield County currently offers a biweekly curbside recycling program to more than 94,000 homes via a service agreement with the Central Virginia Waste Management Authority and their contracted hauler Tidewater Fibre Corporation (TFC). Those are -- we just talked about it with Jerry, but those were really important areas for us to kind of -- all three of those. It's a good thing. Voter registration, polling locations, absentee voting, & election information, Paying your bills online quick and easily, Receive email or text notifications and emergency alerts, Find current job openings and submit your application or resume online, Simple and quick access to read and download permits online. Call 311or941-861-5000 And I guarantee there's not anybody else out there that's able to do that. These results demonstrate our success in rationalizing costs and optimizing our sales and customer experience functions. Thanks for taking my question here. And I would guess that 90% of that 70% are on rear loaders. OK. And then last one for me. WM earnings call for the period ending March 31, 2023. What we do is try and work ourselves toward providing better clarity about the key drivers of our business. You can -- we all know that the infrastructure is not prepared to handle electric vehicles. But just to be clear, the part of the drag on the 62 with people are looking sequentially is the number that's in the first half isn't the immediate -- just immediate CPI. Now, that they've chosen to reopen their economy, that is helping and that will help us out as well. But what's the mix of index versus open market? Producer of EEE and their components are responsible for Including Millwood. But would a state like California look at your RNG fleet differently than, say, a typical owner operator running a Class A truck just because you're producing on the front end as well when you're creating a circular economy? e-waste. Are your RNG or CNG trucks considered essentially net zero? GFL will provide you with regular, reliable curbside collection of your recyclables on your scheduled service day, and a suitable bin or container to hold items until they are picked up. When one of these holidays falls on a weekday, residential collection will be delayed one day for the remainder of the week. The new rules have expanded the scope of e-waste to include To check your recycling day, visit Central Virginia Waste Management Authority (CVWMA). One of the things I've noticed that you have all been doing, and maybe it was perpetual, first of all, maybe it was just an outcome, is the gap between what you're getting in yield in collection versus the yield and post collection has been closing. At this time last year, we have received less than 50 trucks. By recycling, businesses may be able to reduce the size of their garbage container and/or the number of collection pick-ups. As Devina mentioned, we almost -- we delivered almost 500 trucks year to date versus 50 last year. And those have all continued to stay static and in a good spot and service intervals are still positive. We've had a solid start to 2023 and look forward to building on our success. Sarasota CountysProject Green Sweep (application)(below) program offers qualified Sarasota County businesses a responsible, cost effective method to properly dispose of small quantities of hazardous and regulated wastes that are banned from landfill disposal. So normal seasonality is your margins are up about 200 basis points second quarter versus first quarter. So when we think about rentals and surplus assets, we have a clear path for the rest of the year and more confidence in the delivery schedule that we're going to be able to take those out. One, we have our toe in all those ponds in terms of watching all the technology advancement and see how it's not only going to progress to commercialization, but commercialization through a heavy-duty fleet like ours, which are two distinctions. When you sign up for a utility account with the city, you will receive both a garbage and recycling bin for one low monthly price. But everything we're looking at still seems to be OK. But it is worth saying that we view this as a big opportunity for us and for all landfill companies once they've kind of finally decided exactly how this is going to be handled. People are talking about hydrogen. Schedule additional curbside pickups, for a fee, any time of the year. So we're looking at making sure that we're not just doing a diesel-based fuel surcharge, we're doing a blended surcharge. So really you have high visibility on essentially getting to your margin run rate as early as 2Q. OK. But that's because we've needed to be intentional about keeping our vehicles and maintaining them so that we meet all of our service needs for our customers. It's just everybody needs to understand it. Can you talk about, did we get a full quarter run rate out of the initiatives that you mentioned on the call center side this quarter? The new rules have set higher collection targets for In the first quarter of 2023, we saw the best driver retention we've seen in two years. This has led to some non-regrettable volume losses in our residential and commercial business. Indian Standards framed for this purpose. EPR, and producer. City of Stanwood - Waste Management Northwest This website is your #1 resource for information MY WM APP Manage accounts and billing, request services, view pickup schedules Automated Virtual Assistant CHAT M-F 7 am - 7 pm Sat 8 am-12 pm EMAIL pnwrsservices@wm.com Phone 800-592-9995 M-F 7 am - 7 pm Sat 9 am - 1 pm and applicability and ensure that all stakeholders follow the same Contact WM at 775-329-8822. As a regional leader in environmental stewardship, Chesterfield advocates, along with Central Virginia Waste Management Authority (CVWMA) and our regional partners, for reduction and reuse strategies to lower solid waste generated. Understood. [Operator instructions] I would now like to hand the conference over to Ed Egl, senior director of investor relations. It should be a net zero. So you might recall that last year, we got -- there was a delay in the approval of those tax credits by government. The Houston Apartment Association (HAA) and the City of Houston Solid Waste Management Department (SWMD) launched on November 15, 2011 the Go Green Community initiative to increase recycling in apartment communities. When you combine these strategic positioning -- when you combine this strategic positioning with the essential nature of our service, our diverse customer base and our recurring revenue streams, it provides confidence in our ability to continue to reach our strong financial projections over the long term. I mean, it's -- in any big business, there's going to be a few things that work in our favor, a few things that work against us. Waste Managements Orchard Ridge Drop-Off Facility (W124N9355 Boundary Road) for Yard Waste, excess Recycling, and excess Garbage is open. Waste Management Home. Waste Management requires all garbage and recycling to be placed at roadside for pickup by 5:30 a.m.on your regularly scheduled day. Environmental concerns regarding the Recycle Coachis your go-to source for all garbage, recycling and hazardous waste information. Just a little bit of timing -- a little bit detail about how much about the timing of improvement on margins. . What's the temporal loss utilization look like? Any regular Friday collection delayed by a holiday will occur on Saturday. I wanted to just ask my follow-up on the sort of more recent, like April, late March trends. When you are able to hold a lot of your drivers, it makes a big difference in that customer lifetime value proposition. Does this MRF make you more competitive as you think of the opportunities stemming from that legislation? Home |Residents |TrashPickup&Recycling. So we don't have any issue moving the material we're bringing in. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. I'm not going to pay three times for an electric vehicle, what I pay for a CNG vehicle. E-Waste, Paper Shredding, Drug Take Back Events. But maybe you could touch a little bit about if there's any change in your approach to acquisitions as you continue to kind of balance SG&A reduction as well as acquisitions.
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