What is the Hazardous Waste Hauling industry?
Entry barriers to the industry are high due to regulatory and licensing requirements to handle and transport hazardous waste, particularly chemicals, medical waste and asbestos. These licences are usually granted to companies that have experienced and trained staff to transport waste, as well as having required trucks and equipment. In addition, hazardous waste trucks are specialised vehicles that can be costly to purchase and fit-out. Therefore, vehicle and equipment costs for hazardous waste haulage companies are a further entry barrier to the industry.
There are several large companies operating in the industry that have a national presence or operate across several states and territories... purchase to read more