By Cole Rosengren, Lead Editor, Waste Dive
New York haulers are calling for the city’s commercial waste rate cap to increase by at least 9% to help offset rising costs on multiple fronts. The current maximum price allowed is $24.21 per cubic yard or $15.89 per 100 pounds.
Comments from multiple companies cited a 9% increase in the Producer Price Index’s solid waste collection category since September 2022, along with rising costs related to disposal, labor, commercial containerization requirements, and an upcoming congestion pricing system.
Waste Connections, the National Waste & Recycling Association’s local chapter, Mr. T Carting, Century Waste Services, M&M Sanitation, and D&D Carting all weighed in following a recent hearing by the city’s Business Integrity Commission.
Haulers throughout the industry have been raising prices to keep up with inflation and related costs in recent years, but in New York City that ability is more limited due to a regulatory process. Last year, the BIC approved a 9% increase in June and a 7% increase in October, the first time it had done so twice in one year.
The agency is required to hold a hearing on this issue every other year, but it is not obligated to make adjustments to the rate cap. In the past, adjustments have generally come multiple months after the hearings.
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