Republic Services: Key Developments on August 31, 2025

Massachusetts Strike Enters Third Month The ongoing labor dispute between Republic Services and Teamsters Local 25 has shown no signs of resolution as the strike passed the two-month mark this morning. Approximately 450 sanitation workers in the Greater Boston area remain off the job, with negotiations stalling over demands for higher wages and enhanced safety protections. Company spokespersons state they have continued to refine offers, but the union reports that recent proposals fell short of addressing core concerns. Municipal leaders in Gloucester and Malden are preparing for potential long-term service disruptions and are weighing contract renewal terms in light of the prolonged work stoppage.

Institutional Investor Trims Stake In a separate development, Parnassus Investments LLC announced early this morning that it has reduced its holdings in Republic Services, citing “valuation considerations amid mixed market signals.” The move, executed in pre-market trading around 6:41 AM Eastern, saw Parnassus sell a material portion of its position, contributing to a slight dip in RSG shares in extended hours.