Truist
Waste and Environmental Services Market Update July 2024
Pages
2
Time to read
5 mins
Publication
Language
English
Pages
2
Time to read
5 mins
Publication
Language
English
This report provides an update on the waste and environmental services market as of July 2024. It discusses the current state of the housing market, noting a decline in home building compared to previous years but maintaining levels above historical trends. The pricing dynamics within the waste sector are addressed, revealing that while waste pricing has moderated, it remains higher than core pricing metrics. The report outlines recent trends in housing starts across major U.S. regions and highlights a decline in municipal solid waste tipping fees in 2023. Mergers and acquisitions in the waste industry are examined, focusing on strategic activities aimed at specialization and diversification. The report details the acquisition of various waste management companies, showcasing the ongoing demand for differentiated operations in response to regulatory pressures. Additionally, the recent commercial waste contracts awarded in New York City are covered, emphasizing a reform in the commercial waste market aimed at sustainability and efficiency.