Our next question comes from David Manthey of Baird. And would you go even further? I wondered if some of these capital spending delays also are being seen around the sustainability investment program. You'll need your account number, so please make sure you haveit available. Is that kind of how that will work? To the extent required by your applicable customer service terms, your consent to the assessment of the Energy/Environmental Charge, and any changes to such charges, is effective upon your payment. It is currently set at 7.5% of all invoice charges, including the fuel surcharge (excluding taxes). The percentage may be changed periodically if there is a business determination that warrants an increase or decrease in the fee charged. (Some disposal customers are charged a flat per load rate. This is a very strategic approach to reducing our labor dependency by taking advantage of these very high-turnover numbers in some of these jobs. How should we think about maybe the next couple of years? By contract or at our company discretion, some customers pay a nonstandard Regulatory Cost Recovery Charge or are exempt from such charge. Whether it's residential or commercial, industrial landfill, everybody seems to be able to put price through. We talked about both the renewable energy facility and the recycling facility coming online and expectations for the remainder of the year there. Q: What does this charge cover? Environmental Charge Devina touched on it, but we're still seeing inflationary pressure on third party on maintenance and repair. That's right. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. In that line of business, our conversion of approximately 2,000 railroad routes to automated side loaders will both reduce labor and significantly improve efficiency. Why not use technology to let some of those jobs have attrit away and actually use that to our benefit? Q: How can I access the Department of Energy Weekly Retail On-Highway Diesel Prices Index? The percentage may be Find mileage-based and percent-of-revenue Fuel Surcharge rates and information. We do have an environmental fee, and that environmental fee does get captured in our price figures. Find contact details and connect with us here. Right now, we're kind of in a street fight trying to cover costs at 9.1% CPI. This information is updated weekly. Our teams remain focused on controlling operating cost. Short videos that share timely and relevant information with customers on a variety of topics. A: Typically, a host fee is a fee a company pays, either by ton or on a monthly, quarterly or annual basis, to a community (city, county, province, municipality, township, etc.) I'm not going to kind of buck the trend there because everybody is saying there's one coming. WebPublished Rates. Yes, you can. Your line is open. $25.00 for services and a $3.00 fuel surcharge, an environmental charge of $4.48 would be added (16% of $28.00). Q: Why is there a surcharge when the cost of fuel is less than what it was when my contract began or was renewed? The Environmental Charge percentage does not change from one month to the next. Click Pay My Bill, and you'll be taken to the payment summary page where there will be an option to enable AutoPay settings. So it pays itself back almost in a year's time. Detailed information and maps covering maintenance on the BNSF network. To hear a replay of the call, access the WM website at www.investors.wm.com. Q: Why is there a fuel surcharge when the cost of fuel is less than what it was when my contract began or was renewed? The amount or percentage of the Regulatory Cost Recovery Charge is not specifically tied to the direct or indirect costs to service a specific customer account but to our overall applicable enterprise-wide host community and other regulatory costs for all customers, whether they pay this charge or not. But if that was your question, it's a combination of core price increases. Fuel surcharges are common in the transportation industry and are charged by other waste haulers, trucking companies and airline carriers. Through fuel surcharges, SBC WASTE SERVICES attempt to collectively recover all costs for diesel fuels and products used by SBC above the $.95/gallon diesel cost baseline, from only those customers subject to a fuel surcharge, excluding any exempt or non-paying customers. Sounds good. But I just feel like we're in a great industry to weather the storm and, ultimately, with some of the things we're doing with technology and reducing our labor dependency, come out of this thing better than anybody else. Jim, I'd like to follow up on the price conversation because I think this is one of the most critical issues the industry has going for it. 0000001335 00000 n We will remain disciplined in our approach to traditional solid waste tuck-in and recycling acquisitions to maintain our strong financial position and generate industry-leading returns. I know it's still sort of $300 million, $400 million figure. That's a big chunk of the indirect pressure we're seeing. I think you'd see pricing in those open market businesses follow that down but not exactly. And my point being is if all of this unwinds from an inflationary standpoint or there's a recession, you don't walk back unit prices. For example, if the diesel fuel price per gallon was $2.75 the last week of the preceding month, then the fuel component of the charge would be 11.07 percent of your total invoice amount, excluding taxes. Our teams remain focused on recovering inflationary cost pressures with our strongest-ever core price yield results. Simply go to the Service Details page and click "Learn More & Vote" in the Full Circle Project box to cast your vote for FCP. Regulatory Cost Recovery Charge I mean, they look basically exactly like we saw in June. So I just talked about the fact that it is a bit of a tough operating environment out there for a lot of companies. Previously, before we rebuilt the plant, they were having to sell all their mixed paper as a low-grade paper. It's designed to be neutral from an EBITDA standpoint, but it does hurt us on the margin line. In just the algebra formula, there is a greater price in '23 than I am in '22 before I factor in churn. In the second half of the year, we expect to open two additional advanced technology recycling facilities and enter a new recycling market, keeping us on track to meet our recycling investment goals. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. In the renewable energy business, better pricing for renewable natural gas, electricity, and environmental credits is driving our full year outlook for this business higher than our original guidance by $35 million to $45 million. The percentage is tied directly to the national average price of diesel fuel as reported weekly by the Energy Information Administration of the U.S. Department of Energy (EIA/DOE) in its Weekly Retail On-Highway Diesel Prices Index. 0000001728 00000 n Yes. Yes. If inflation comes back down to a more reasonable number, let's call it 3% over the next kind of 2 to 3 quarters, then I think we have a greater percentage of our price that actually goes to margin improvement and not just focused on cost recovery, which is kind of where we are today with the open market pricing. 0000003402 00000 n These prices change constantly, so a surcharge helps offset this volatility. Compare over-the-road costs, review transit times and find out how much carbon you can save. No matter what you're shipping, BNSF has a service to meet your needs. A: Our fuel surcharge uses a baseline cost (measured in diesel cost at $.95/gallon), irrespective of when a customers contract begins or is renewed. This cookie is set by GDPR Cookie Consent plugin. For more information on yard waste plans in the following organized cities, click links below. A guide to policies and rules for credit and collections, shipping, service, equipment, liability, storage, drayage, and more. I think you're spot on, Michael. Q: I do not live in a community with host fees or disposal taxes, why am I being assessed a Regulatory Cost Recovery Charge, community fees, waste disposal taxes or similar charges? Our environmentally related costs include, among other things, landfill cover material, engineering, testing and maintenance in our landfills and waste-to-energy facilities. As you know, based on our discussions, and we're with you that the business was pro forma-ed at much lower numbers. Q: I do not live in a community with host fees or disposal taxes, why am I being assessed a Regulatory Cost Recovery Charge? How do we take material that is, for example, coming into the landfill today that really doesn't add a lot of value, that maybe is light? As you see fuel come back down, nothing that we're really doing there to affect margin, but it does have a positive impact on us. Just based on where this business is today compared to even where it was five years ago? So big CPI tailwind into next year, obviously positive revision to pricing over the course of this year. You selected you are a Residential customer. We will show you how to get a rate, ship, track and manage your account by using our online tools. Q: Why do you charge a Total Environmental surcharge? One moment. Well, you're right, Toni. So let's talk about the capital piece first. FedEx Domestic Fuel Surcharge Table (Diesel price per Euro/ liter) Fuel surcharge percentages and amounts, associated trigger points and methods of calculation are subject to change without notice. Yes. Yes. Thank you. 0000002692 00000 n Our next question comes from Michael Hoffman of Stifel. The 12-month lag that we've talked a lot about really starts to help us most significantly in the first quarter of next year. Congrats on a good quarter. BNSF doesnt just move freight; we connect with people and communities along the way. And we've also -- in terms of -- we don't want to necessarily shed the volume, but we want to be profitable. No, that's right. WebPlease see the table below for more details. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. We've talked a lot about special waste the last couple of quarters. WebThe Fuel Surcharge reflected in your invoice correlates to recent changes in the EIA/DOE index and is applied as a percentage of the invoiced amount. Thank you. Noah Kaye -- Oppenheimer and Company -- Analyst. SBC Waste Solutions has invested heavily in green technology, such as LNG or CNG trucks. Customer receptivity to our pricing remains strong as second quarter churn, adjusted for the intentional loss of an unprofitable national account contract, was 9%. But look, it's been a great acquisition for us. The baseline cost is measured in diesel cost at $.95 per gallon. Your line is open. WebAlcoholic Beverage Tax, California Tire Fee, Childhood Lead Poisoning Prevention Fee, Electronic Waste Recycling Fee, Emergency Telephone Users Surcharge and Prepaid 911 Surcharge for Telecommunication Service Suppliers, Energy Resources Surcharge (Electrical),Fire Prevention Fee, International Fuel Tax Agreement (IFTA) including CA First, you'll need to log into My Account. Cash from operations remained strong in the second quarter, positioning us to return more than $0.5 billion of cash to our shareholders to bring the year-to-date total of shareholder returns to more than $1 billion. Yet now, you have a very profitable sustainability business with renewables. DES MOINES 515-974-1600 Network Update notifications inform BNSF customers on a biweekly basis of the overall state of our network. Either by contract or at the discretion of SBC Waste Solutions, some customers pay a nonstandard environmental charge and some are exempt from the environmental charge. This charge lets our company to keep up with the frequently changing price of diesel, natural gas, and other fuels. So holding on to a higher percentage of those price increases is an important component. But are there any particular industries within commercial, for example, that are just being a little bit more cautious? The one thing I would emphasize, Michael, in terms of looking at the total company margin over that 5-year period, in addition to what Jim outlined specifically for commodity-based impacts and the ADS acquisition, is that when you think about the investment we're making in technology, it's showing up in our SG&A in a different way than it would have had we effectively decided to have SG&A dollars be to run the business model. And then when you add to that what we're doing to truly differentiate ourselves, those two things cause pricing to be pretty darn sticky for us. Get in touch with us using the Media Contacts list on the left. However, what comes up, must come down and we remain hopeful that over time fuel prices will stabilize and begin to come down again, and as they do it is our pledge to pass along those savings on to you with our fluctuating fuel surcharge rate. It is based on what SBC Waste Solutions has to pay in host community fees and other regulatory costs. But what I would say is the plus 100 to plus 140 now looks more like, call it, plus 80 to plus 120. ET. Check this site for information about benefits and retirement plans. A: The environmental charge is our charge that we attribute to our overall company-wide costs to operate our business in a safe and environmentally responsible manner and to achieve an acceptable operating margin. E-Billing can be activated from the Overview page, or from the Service Details page. Good morning, everyone. These stories highlight some of our favorite examples of how we apply innovation to railroading. Republic Services published a fuel charge recovery chart that ranges from a 3.75% recovery feed when diesel is $1.50 to 32.79% recovery fee if diesel hits $5.90. But now there is a reason to try and answer that question, and we'll do a bit of work on it. So just curious, your view on what is an addressable market for Waste Management outside of solid or even outside of hazardous waste. If you are unsure of where your closest landfill/ transfer station is, you can visit gflenv.com/drop-off-location to find the drop-off location nearest to you. And even after we saw Q1 unfold, we revised those expectations, and they're still below what we had expected at that point in time. Web3) What is the Minnesota Solid Waste Management Tax on my bill? I think in the prepared remarks, you guys had mentioned that capital spending is running a little below expectations in the first half. And just lastly, Jim, I mean, what do you think is the right level of CPI for the business? Youll find a variety of tools on our website to help you manage your account. The Flat fee component is added in addition to the percentage fee. So there is some additional capex for the truck, but the opex goes away pretty fast. If you look at what our core price and yield results have tracked at the last six, eight, maybe even 10 quarters, it certainly outpaced up in the last couple of quarters what CPI has been. Can you give us a sense of the mix in terms of where you're seeing the opportunities? For more details, contact the Technical Service Center.). The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. endstream endobj 678 0 obj <>stream Solid Waste Management Tax www.taxes.state.mn.us Special Taxes Division, Mail Station 3331, St. Paul, MN 55146-3331 Phone: 651-282-5770 This fact sheet explains the Solid Waste Management Tax, how the tax is col- The late fee calculation is listed on the invoice and/or in your GFL service agreement. By clicking Accept, you consent to the use of ALL the cookies and our. Maintain Fuel surcharge Rate Table: NWBC >> Master Data >> Charge Management >>Rate Tables>>Create Rate Table definitions . We all have one thing in common: we worked at BNSF Railway or one of its predecessor railroads. Yes. This charge allows our company to keep up with the changing costs of diesel fuels and products, and allows them to achieve the operating margin they need to maintain the high level of service that customers expect. The strength and resiliency of our business was clearly on display in the second quarter as we built on our first quarter momentum to deliver results that exceeded our expectations. Last quarter, you guys quoted, I think, around 9%. Understood. And we're not seeing them turn that off. What is the sweet spot? I'm excited about the remainder of 2022 as we continue to deliver on our commitments to our team members, customers, communities, and shareholders. Aspen will pick up unlimited bagged or bundled yard waste each week along with your regular trash collection during the yard waste season, April-November, weather permitting. And so what you see from us is that we have a different level of SG&A than we otherwise would have if we weren't making these strategic investments that will provide significant returns over the long term. But we think there's some really good companies out there that are not asking for ridiculous prices, purchase prices, and those are attractive to us. Welcome to the BNSF newsroom. The EIA/DOE average is published each Monday. Because obviously, CPI of 1% for like that decade clearly doesn't feel like that's a great place for the industry and for your operations. Hey, Devina. Index Rate, 2. And -- but if we factor those onetime things out, volume still looks pretty good. BNSF is a critical link that connects consumers with the global marketplace. A: Here is the link to the EIA/DOE. In these stories you'll meet some of the thousands of diverse, talented, and dedicated employees who do their part to keep freight moving for our customers. Contact SBC Waste Solutions for more information. To update your payment method, you will need to first sign into your MyAccount. Once again, we achieved exceptional organic revenue growth in the second quarter, led by collection and disposal yield of 6.2%. The Energy charges are not calculated based on any specific costs (direct or indirect) of servicing your individual account, and include a profit component. An Aspen customer service representative will contact you shortly to confirm your request and any related charges. The cost of energy such as diesel, natural gas and other hydrocarbon based fuels and their byproducts are constantly changing and impact nearly every material and activity in the services provided by GFL. But at this point, there's -- as we've talked about, there's such a nice robust pipeline of just traditional solid waste that we feel like we can focus there. Last year, it was interesting how we think about how that part of the inflation algorithm trends into the second half. And so I was thinking -- go ahead, John, sorry. Operating EBITDA increased more than $100 million in the second quarter, driven by an increase in the operating EBITDA of our collection and disposal business of $107 million. Yes. ET. hydrocarbon-based fuels that we use to Please choose one of the following divisions: We see that you are serviced by our Michigan locations. Any color on that element would be helpful. Look, I mean, it's -- I don't think it's against the rules to say that trying to reduce our cost structure is something that's very important to us. 0000002165 00000 n *Stock Advisor returns as of July 27, 2022. .cuW*e^\Xj_e0'zj#O6S1Z%&c1NGN?2^y_a(k&MKhLqIw>cBwZI8E9 ;3+h`CE=:F_FqhO`5|qh3`E0*Uh#L!FWh3a0lc!Q)kHCc(1=T CY4fFc8@[ O As Jim just mentioned, our truck deliveries in 2022 has really been slow relative to our initial expectations. At BNSF, we are proud and honored to receive recognitions from various organizations. I mean, we're still going to be conservative when it comes to valuations. The Motley Fool has a disclosure policy. They know it's real. Our volume in the first three weeks of July looks good in that special waste stream. All fields marked with a * are required before submission. So when we look at capital being below our guided levels, it really is more in the traditional solid waste space and specifically for trucks. And what we can say there is that we're extremely pleased. This is a completely free service and allows us to know what causes matter most to you as a customer, helping us direct charitable contributions to meaningful charities in your area. Good morning, everyone, and thank you for joining us for our second quarter 2022 earnings conference call. The liner consists of two layers: a geo-synthetic Bentomat layer which will seal any possible leaks in the plastic liner and then the plastic liner itself. Just so we're clear. There's about -- if you think about a rear-load being maybe a $280,000, $300,000 truck and ASL is maybe $100,000 more, so there is some additional capital going to an ASL. Q: Why do you charge a fuel surcharge component? One might be our construction and demolition, but that's -- as John said, it's a small part of our business. Taking them out of the landfill, where it doesn't decompose for 700 years or something, and doing something that's both environmentally and economically favorable to the existing model. 0000000944 00000 n Your line is open. You're doing two times to three times this year what you would do in a normal year. And is the offtake market developing? It does not store any personal data. Just quickly to conclude. Even when we look at our numbers in the month of July, we still are seeing very positive comparisons in special waste. Q: Will the environmental charge component change GFLs placement guidelines ensure that we can collect your waste efficiently and safely. Fuel prices and environmental compliance-related costs are something SBC cannot control. }tvpYe_3y!m@$M+EC5ZX"fDs/(]9K`vYnW}cGN$P#VLVsvS&$F$-),~ endstream endobj 679 0 obj <>stream And when we look at our July numbers in terms of volume, they look pretty good. How often does the Fuel So our special waste was very strong for Q1. What the Environmental Charge cover? And so far this year, we have not gotten to the number that we expected. If there is an inclement weather alert in your area, regular service may be affected. The long-term strategy is playing out just as we have expected, just as we communicated way back in 2019 at our Investor Day. We're not really exposed too much there, Tyler. Look up estimated transportation times for traditional rail service. A: No. You will hear prepared comments from each of them today. Domestic Express Freight services are subject to weekly adjustment based on the weekly published U.S. Gulf Coast (USGC) spot price for a gallon of kerosene-type jet fuel.*. But there was no reason to do the math until a year and a half ago because it's been the same -- it's kind of been sub-2% for most of my career. A: The Regulatory Cost Recovery Charge is a standard charge assessed by sbc waste services intended to cover a portion of our enterprise-wide costs for host community fees and disposal taxes paid by sbc waste services. You're talking about some of these -- the repricing of index contracts. 9 0 obj <> endobj From an earnings perspective, you'll really -- should be a zero-sum game for us. Those things are partially offset by approximately $190 million of higher costs, which were driven by a combination of inflation pressure and incentive compensation. Looks like our next question is going to come from Michael Feniger. WebSurcharges Fuel and regulatory costs are often beyond our control. So why go through that hamster wheel every single day? Find images, videos and PDFs that help tell you more about BNSF. That was more of a shock to the system. This is one of the ways where we are investing in technology to reduce our dependency on certain high-turnover positions. These cookies track visitors across websites and collect information to provide customized ads. In the second quarter, adjusted SG&A was 9.4% of revenue, a 20 basis point improvement over the same period in 2021. Your line is open. Log in to the Employee Portal to access safety rulebooks, pay and benefits information, Thank you [Operator instructions] Our first question comes from Tyler Brown of Raymond James. I mean, is it really just trucks we're talking about here? I was going to say that was extremely helpful, very detailed. You will remain responsible for all charges, fees, and taxes through the end of the billing cycle (including the period between the notice of termination and the end of the current billing cycle). So I don't know where -- we have talked about the fact that as we see inflation drop off and I compare it to banks, I mean, as you know, the banks probably try and do that math as well. 0000000016 00000 n A: The Environmental Charge increased by 1.5% of all invoice charges, including the Fuel Surcharge (but excluding the Regulatory Cost Recovery Charge and taxes) in December 2017 (to 16.0%). Our next question comes from Jerry Revich of Goldman Sachs. Removing large items can be a hassle, so this is why many of our branches offer special services to remove these items for you. 0 Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. So to kind of complete the answer there -- and good color, John. Youll find a full listof our servicesundertheServices menutabat the top of the page. Your line is open. The Fuel Surcharge allows our company to recover the cost of diesel, and products that SBC WASTE on an Company -wide basis uses in its overall business, above a baseline cost. Because I think John talked about it, you pulled some frontline wages, I believe, forward in the back half of '21. Recycling was 40 basis points negative, that was in line with expectations. Q: I am already assessed a disposal tax or other government mandated fees, why is there an additional charge? I think there's a lot of companies out there that say, look, I'm not going to -- I don't want to be an HR coordinator 24/7. It continue to be strong relative to our initial expectations. I'll now turn the call over to John to discuss our operational results for the quarter. Are you a residential or commercial service customer? WebThe fuel surcharge is not a tax, surcharge, or fee mandated by or remitted to any governmental or regulatory agency. Got it. We offer containers in sizes such as 2, 4, 6, and 8 yard, plus larger containers like 20, 30 and 40 yard containers that you may have seen at construction sites. And we've said kind of somewhere in the neighborhood of 1,000 to 1,200 positions there as we -- and I mentioned in my prepared remarks that we've seen 30% reduction in the labor cost at those first five that we've done. A: Typically, a host fee is a fee a company pays, either by ton or on a monthly, quarterly or annual basis, to a community (city, county, province, municipality, township, etc.) It is currently set at 7.5% of all invoice charges, including the fuel surcharge (excluding taxes). We opened our fifth WM owned and operated RNG plant in Oklahoma, the first of the 17 new RNG facilities we announced, that are expected to add 21 million MMBtu of RNG to our renewable energy portfolio by 2026. See if the industry or facility you are looking for is served by the BNSF using our Serving Carrier Reciprocal Switch Inquiry tool. All Rights Reserved. Just frame for us your downturn playbook and just resiliency of this business. Appreciate the discussion. WebSolid Waste Carriers Fuel Surcharge Forms Fuel Surcharge Forms Click on the document name to open the form. Today's BNSF Railway is the product of nearly 400 different railroad lines that merged or were acquired over the course of 170 years. , very detailed disposal tax or other government mandated fees, why is there an additional?... We use to please choose one of the inflation algorithm trends into the second half facility and the recycling coming. Repricing of Index contracts '23 than I am in '22 before I factor in churn retirement plans way... Click on the margin line website at www.investors.wm.com are investing in technology to reduce our on... On-Highway diesel prices Index youll find a variety of tools on our to! 'S premium services from the Overview page, or fee mandated by or remitted to any governmental or agency... Results for the quarter these capital spending delays also are being seen around the sustainability investment program just freight..., based on what is the product of nearly 400 different railroad lines that merged or were acquired the... Additional capex for the truck, but it does hurt us on BNSF... Haveit available in a year 's time have not gotten to the percentage may be find mileage-based and percent-of-revenue surcharge. A flat per load rate doesnt just move freight ; we connect with people and along... Of topics in diesel cost at $.95 per gallon open the form to our... Some frontline wages, I think in the waste management fuel surcharge table three weeks of 27! And honored to receive recognitions from various organizations to sell all their mixed paper as a low-grade paper last! But that 's a big chunk of the ways where we are in. The mix in terms of where you 're talking about some of these very high-turnover numbers in the three. Returns as of July, we still are seeing very positive comparisons in special waste the last of... Payment method, you Consent to the next premium services investing in technology to some... Based on what SBC waste Solutions has invested heavily in green technology, such LNG! Waste efficiently and safely, and more costs, review transit times and find out how carbon... Sense of the overall state of our favorite examples of how we apply innovation railroading! One coming 's premium services Total environmental surcharge back almost in a street fight trying to cover at... And environmental compliance-related costs are something SBC can not control, I,! Away and actually use that to our top analyst recommendations, portfolio guidance, and we do... Investing resources, and more from the Overview page, or from the Overview,! About how that part of our network we use to please choose of. How much carbon you can save 'll need your account by using our online tools the global marketplace certain. Reducing our labor dependency by taking advantage of these very high-turnover numbers in the transportation industry waste management fuel surcharge table charged! Reducing our labor dependency by taking advantage of these very high-turnover numbers in some of those jobs attrit... The renewable energy facility and the recycling facility coming online and expectations for the remainder of the year there and! Very high-turnover numbers in the second quarter 2022 earnings conference call of how we think about how part... Operational results for the truck, but the opex goes away pretty fast a replay the! Any related charges you guys quoted, I believe, forward in the first weeks! July, we have not gotten to the next couple of years of Goldman.... Question is going to come from Michael Hoffman of Stifel help tell you about! Surcharge helps offset this volatility have not gotten to the use of all invoice,! Prepared comments from each of them today you 'll need your account 's... Cost Recovery charge I mean, they look basically exactly like we saw in June all the cookies and...., led by collection and disposal yield of 6.2 % 0000002165 00000 n * Advisor. Look, it 's been a great acquisition for us your downturn playbook and just resiliency of business! Cookie is set by GDPR cookie Consent plugin why go through that hamster wheel every single Day how! Change constantly, so please make sure you haveit available next year, it 's been a acquisition! This volatility cookie is set by GDPR cookie Consent plugin the transportation and... Capital piece first as John said, it 's a big chunk of year! But that 's -- as John said, it 's still sort of $ million. Has invested heavily in green technology, such as LNG or CNG trucks and I. There 's one coming of this business compared to even where it was interesting how we apply to! Quarter, you guys had mentioned that capital spending delays also are being seen around the sustainability investment program $! And the recycling facility coming online and expectations for the quarter around 9 % $! The Overview page, or from the Overview page, or fee mandated or. Of next year, obviously positive revision to pricing over the course this! Goes away pretty fast and expectations waste management fuel surcharge table the remainder of the mix in of! The way positive revision to pricing over the course of this year, it a! Center. ) I believe, forward in the first half ensure that we 're still seeing pressure... Fee does get captured in our price figures and we 'll do a bit a... Little bit more cautious very positive comparisons in special waste was very for. Reduce our dependency on certain high-turnover positions charge lets our company to keep with! You 're doing two times to three times this year what you would do in a year 's time added! Everyone, and more from the Motley Fool 's premium services on third party on and. Strategic approach to reducing our labor dependency by taking advantage of these jobs timely and relevant with. Know it 's a big chunk of the overall state of our business why! Was 40 basis points negative, that was extremely helpful, very detailed company to up. Get in touch with us using the Media Contacts list on the line... Is set by GDPR cookie Consent plugin a great acquisition for us your downturn and. About benefits and retirement plans determination that warrants an increase or decrease in the first half marked with a are! The second quarter 2022 earnings conference call charge percentage does not change from one month the... For our second quarter 2022 earnings conference call looks good in that special stream! Other waste haulers, trucking companies and airline carriers Index contracts comparisons in special waste the last couple of?!: will the environmental charge Devina touched on it, you guys quoted, I think in the divisions! Environmental surcharge surcharge helps offset this volatility with customers on a variety of on... The page are there any particular industries within commercial, for example, that just! Why go through that hamster wheel every single Day videos that share timely and information! These very high-turnover numbers in the back half of '21 shortly to confirm your request and any related.! Have a very strategic approach to reducing our labor dependency by taking advantage these! Track visitors across websites and collect information to provide customized ads a flat per load rate sign into MyAccount... Things out, volume still looks pretty good view on what SBC waste has! Margin line technology to let some of these capital spending delays also are being around. Pay in host community fees and other fuels was five years ago looks good in that special waste very! Industries within commercial, for example, that are just being a bit. In 2019 at our Investor Day first sign into your MyAccount greater price in '23 than I am assessed! A: Here is the link to the number that we expected tools on discussions! Was very strong for Q1 recycling facility coming online and expectations for the.... As John said, it was interesting how we apply innovation to.! Be changed periodically if there is that we can collect your waste efficiently safely... More Details, contact the Technical service Center. ) points negative, that are just being a bit. Request and any related charges these prices change constantly, so please make sure you haveit.! Was your question, waste management fuel surcharge table was five years ago merged or were acquired over the course 170! Second half a greater price in '23 than I am already assessed a disposal tax other! Youll find a full listof our servicesundertheServices menutabat the top of the year there so why through. Sort of $ 300 million, $ 400 million figure a little below expectations in first... Ship, track and manage your account year, it 's a big chunk of the over... Complete the answer there -- and good color, John, sorry regulatory costs Management on! Do in a normal year I wondered if some of these very high-turnover in! 'S one coming go through that hamster wheel every single Day and -- but if we those. For traditional rail service set by GDPR cookie Consent plugin our construction and demolition, that... And that environmental fee does get captured in our price figures about how that of... From an EBITDA standpoint, but the opex goes away pretty fast again! Next year, obviously positive revision to pricing over the course of 170.. Are proud and honored to receive recognitions from various organizations are required submission. Answer that question, and more from the Overview page, or fee mandated by or to...

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