Waste Control Specialists experienced a better fourth quarter and 2014 than the same periods in 2013, Valhi, WCS’ parent company, announced late last week, but WCS still had a net loss for 2014. Both sales and disposal volume were up in the second half of 2014, due mainly to the availability of shipping containers in the second half of 2014, the company said. WCS reported an operating income of $4.4 million in the fourth quarter of 2014 and an operating loss of $2.2 million for the full year of 2014 compared to an operating loss of $6.3 million in the fourth quarter of 2013 and $22.6 million for the full year of 2013. “Disposal volumes for the second half of 2014 were favorably impacted by the industry-wide availability of disposal shipping containers including those placed into service by the Waste Management Segment in 2014,” Valhi said in a release. “While disposal volumes were higher in 2014 as compared to 2013, the average per-unit disposal price was lower in 2014 due to relative changes in the mix of waste disposed. Strong results in the third and fourth quarters of 2014, allowed for greater coverage of fixed costs as compared to prior periods.”
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