Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
Our trading partners continue to navigate tariffs. To date, there have been no significant disruptions other than China.
We believe the current tariff environment and broader economic uncertainty are limiting activity levels of many of our industrial customers having a flow-through impact on volumes, especially in our roll-off collection.
For the June quarter, we incurred approximately $800 million of tariff-related costs.
economic uncertainty from tariffs continues to impact industrial production and box demand across the manufacturing sector.
our minimal exposure to the auto industry, diverse supply chain and continued focus on moving to U.S.-based suppliers further limits potential tariff impacts.
Given what has been announced to date, we now estimate the net impact to our results from tariffs is approximately $40 million in 2025.
As it relates to tariffs, I'd say, as it relates to '25, we're fairly insulated from any impact this year given inventory management actions.
April was pretty abnormal. There's a lot of volatility. You had tariffs, you had rates dipping and climbing, you had consumer sentiment dropping.
Macroeconomic uncertainty persists, especially around tariffs and trade, but we believe our guidance reflects the potential impact of such uncertainty as we view it today.
the situation of tariffs is not very clear, to say the least. We're trying to manage that the best way we can.