Emerging data-collecting technology and analytic tools are creating operation efficiencies across the full spectrum of the recycling industry, from waste generators and curbside collection facilities to downstream buyers. Downstream purchasers have had to rely on material composition generalizations to determine bale values before sorting and processing revealed actual yields, leading to significant daily revenue losses.…
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Shipping Industry Shakeup: Higher Cargo Rates for Suppliers?
For years, the shipping industry has been facing a crisis of overcapacity. Too much space and too little freight has caused a pattern of plummeting freight rates. While this may benefit US suppliers’ bottom lines in the short run, the issue of overcapacity has caused billion dollar losses across major cargo lines, creating industry monopolies…
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Recycled cardboard prices reach record-breaking highs
US old corrugated container (OCC) or recycled cardboard prices have continued to climb for eight of the last nine months. June has seen the largest hike since September 2016, jumping $37/ton for export OCC. In fact, this month’s containerboard price hikes have beat out monthly increases recorded by Pulp & Paper Weekly over the last…
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Top 5 Health and Safety Risks Faced by Recycling Workers
Recycling workers, especially sorters, play a crucial role in the quality of feedstock, ultimately affecting marketplace values and the profits businesses are able to generate from their recyclable commodities. While sorting and processing technologies have come a long way, they cannot replace the dexterity and decision-making capabilities of human beings. Workers are confronted by many…
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