Company Overview
Recycle Track Systems (RTS) is a premier waste management company headquartered in New York City, noted for its innovative approach to sustainable and smart waste solutions. The company harnesses advanced technology and data analytics to enhance the efficiency of waste collection for businesses and communities. Through the use of digital platforms and proprietary routing technology, RTS is able to optimize waste collection routes and provide real-time data to improve sustainability outcomes.
Services and Solutions
RTS provides a robust array of waste management services:
- Recurring Waste Services: Regular waste pickups that ensure systematic disposal management.
- Sustainability Programs and Zero Waste Services: Customized strategies for clients to reduce waste production and enhance recycling efforts.
- Commercial Recycling: Enables businesses to participate actively in recycling, aligning with circular economy objectives.
- On-Demand Collection and Dumpster Rentals: Flexible solutions for varying waste management needs.
- NYC Commercial Waste Zone Services: Specialized programs designed to meet the specific demands of New York City's commercial waste management infrastructure.
Smart Solutions
- Smart Bin Sensors – Pello: These sensors monitor waste levels to optimize waste collection schedules.
- Reverse Vending – Cycle: Implements user-friendly systems that encourage recycling through incentive mechanisms.
- Integrated Technology Platforms: Offers visibility into waste data and collaborative tools for clients to enhance waste management.
Industry Focus
RTS serves a wide spectrum of industries including:
- Grocery Stores
- Hospitals and Healthcare Facilities
- Hotels and Hospitality
- Municipal Governments
- Property and Facility Management
- Food Service and Restaurants
- Event Spaces and Stadiums
- Universities and Educational Institutions
Types of Waste Managed
RTS effectively manages a diversity of waste types such as:
- Cardboard, Paper, and Traditional Waste
- Construction and Demolition Debris
- E-Waste and Universal Waste
- Food Donations and Compostables
- Landscaping and Furniture
Leadership
Key Executives
- Greg Lettieri, Co-Founder & CEO: Greg's leadership is pivotal in making RTS a leader in innovative waste management. Under his guidance, RTS has been acknowledged by entities such as Ernst & Young and Goldman Sachs. His focus on efficiency and sustainability drives RTS to transform waste management through technological interventions.
- Ross Guberman, SVP of Sustainability: Ross brings decades of experience in sustainability, embedding environmental strategies within RTS, to help the company and its clients achieve their sustainability goals.
Notable Achievements
- Pioneering AI and real-time data technologies, RTS sits at the forefront within the waste management sector.
- Successfully secured over $40 million in funding aimed at accelerating AI projects dedicated to sustainable waste solutions.
- Recognized with the Waste360 40 under 40 award, illustrating their dedication to environmental stewardship.
Recent Developments
RTS continues to expand its horizons with strategic acquisitions like RecycleSmart Solutions, adding IoT capabilities to its service roster. Media coverage in outlets such as Forbes, Bloomberg, and the Wall Street Journal further amplifies RTS's influence and leadership in innovative waste management.
Competitor Profiling
Key Competitors
In the competitive waste management industry, RTS faces notable competitors such as:
- Rubicon: A firm delivering comprehensive waste and recycling services, focusing on technology-driven solutions akin to RTS.
- Advanced Disposal Services: Offers a variety of waste collection and disposal services, competitive with RTS in terms of service breadth.
- RoadRunner Recycling: Positions itself closely within the sustainable waste management domain.
- Granger Waste Services: Known for both traditional and progressive waste solutions, with a focus on the Michigan area.
Additional competitors include KiWi Power, e-Waste, Polycarbin, Republic Services, Waste Connections, GFL Environmental Inc., Waste Pro USA, Oysterable, CleanRobotics, Waste Harmonics, Forge Recycling, First Mile, and TerraCycle.
Strategic Positioning
RTS differentiates itself with the deployment of proprietary software and algorithms, creating efficient waste management services. This technological edge positions RTS not only as a leader in standard waste services but also as a pioneering innovator in the smart and sustainable waste management sector.
Market Landscape
The waste management industry is progressively observing an emphasis on sustainability and technology integration. Companies such as RTS are spearheading the movement towards more technologically-inclined, environmentally friendly solutions. Competitors like Rubicon and RoadRunner Recycling are adopting analogous strategies, marking a collective industry trend towards embracing innovation in waste management practices.
