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October 14, 2013
The acquisition includes ELS’ interests in New Jersey Rail Carriers LLC (NJRC) and New Jersey Transloading LLC, the long-term operating lease of NJRC, rail cars and containers, additional operating equipment and customer contracts.
ESI, an integrated solid waste services firm serving commercial and industrial customers, said with the purchase of the ELS operations, which have total annualized revenues of about $40 million, the company becomes one of the largest waste-by-rail companies in North America.
"Our acquisition of ELS’ waste by rail assets will significantly strengthen EnviroSolutions’ capabilities in the northeastern United States by diversifying our base of operations and adding to our capacity and geographic presence,” said Eric Wallace, ESI president and CEO. “With concern growing over rising fuel costs, traffic congestion and hauling distances, and environmental impacts, ESI is poised to benefit from rail transportation’s positioning as the most cost effective and environmentally friendly long-term solution for transporting waste out of the New York/New Jersey marketplace.”
News Editor, Waste360
Allan Gerlat joined the Waste360 staff in September 2011 as news editor. He was the editor of Waste & Recycling News for the first 16 years of its history, and under his guidance the publication won 27 national and regional awards.
Before Waste & Recycling News, Allan worked at another Crain Communications publication, Rubber & Plastics News, which covers rubber product manufacturing. He began with the publication as associate editor and eventually became managing editor, a position he held for nine years.
Allan is a graduate of Ohio University, where he earned a BS in journalism. He is based in Sagamore Hills, in northeast Ohio.
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