2026 Mini 66 Collection Costs Six Figures Without Any Markups
The collection is for the island nation of Singapore and forms part of Mini Asia's 66th birthday celebrations. Whether customers choose the John Cooper Works Electric or the gas-powered John Cooper Works, "66" decals and stripes differentiate the body, with the former EV mode getting a red-and-black roof and the latter 18-inch JCW Rallye Spoke wheels in Frozen Midnight Grey and with self-leveling hubcaps. Unfortunately, that's the extent of the changes, with the powertrains and interiors of each vehicle remaining identical to those of the existing JCW models. Despite that, each vehicle costs well over a quarter-million dollars in local currency.
The electric version starts at S$267,888 and the gas model costs a whopping $302,888, but while SGD is not as valuable as USD, those figures still translate to a scarcely believable $208,036 and $235,216, respectively. Why so much? Singapore applies heavy import and excise duties and taxes to cars, and even the right to own and use a vehicle is a bidding-based process that can vary in cost depending on demand at a given time. Moreover, this Certificate of Entitlement, as it's known, is only valid for 10 years, and a vehicle quota system restricts the number of vehicles allowed on the road.
Related: 2026 Mini Countryman Holds Price as Rivals Raise Costs
Singapore is a tiny island with little room for roadways and car parks, and these high costs are intended to discourage vehicle ownership so that the island doesn't turn into a concrete jungle. So yes, these are six-figure Minis, but in a way, they're not overpriced. That's just what cars cost in Singapore.
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Time Business News
an hour ago
- Time Business News
Roll-Off Containers: Statistics and Trends in Waste Management
The landscape of waste management is continually evolving, driven by urbanization, industrial growth, and increasingly stringent environmental regulations. At the forefront of this evolution are roll-off containers, the backbone of efficient waste collection and disposal across various sectors. Understanding the statistics and trends shaping this market is crucial for businesses, municipalities, and individuals involved in waste management. This comprehensive guide provides a deep dive into the current market size, future projections, key drivers, and strategic insights within the roll-off container industry. We will explore the economic forces at play, the role of technological advancements like AI, and the best practices adopted by leading companies to navigate this dynamic sector. The roll-off container market is a significant component of the broader waste management industry, demonstrating robust growth driven by global waste generation and infrastructure development. Accurate market sizing and forecasting are essential for strategic planning and investment. The global roll-off container market was valued at approximately USD 4.5 billion in 2024. Projections indicate a substantial increase, with the market expected to reach USD 7.2 billion by 2033. This growth translates to a compound annual growth rate (CAGR) of 6.6% from 2026 to 2033, according to Verified Market Reports. This robust expansion underscores the critical role these containers play in modern waste management systems. While the roll-off container market itself is thriving, it's important to consider closely related segments that contribute to its overall ecosystem. The roll-off dumpster market, for instance, was valued at USD 4.02 billion in 2024 and is projected to reach USD 6.15 billion by 2033, growing at a 5.1% CAGR from 2026 to 2033, as reported by Verified Market Reports. Another estimate places the roll-off dumpster market at USD 2.5 billion in 2025, with an expected rise to USD 4.3 billion by 2033 at a 7% CAGR from 2025 to 2033, according to HTF Market Insights. The broader dumpster rental market, which encompasses roll-off containers, was approximately USD 4.8 billion in 2023 and is forecast to reach USD 7.2 billion by 2033, growing at a 4.2% CAGR from 2025 to 2033, as per Datahorizon Research. The slight variations in market size and CAGR figures across different reports underscore the importance of understanding market divergence. Some reports focus exclusively on the manufacturing of the containers, while others include rental services or broader waste management solutions. Regardless of these definitional differences, the overarching trend points to consistent and significant growth across all segments related to roll-off containers. Market Segment 2024/2025 Value (USD Billion) Forecast Year Forecast Value (USD Billion) CAGR (%) Source Roll-Off Container Market 4.5 (2024) 2033 7.2 6.6 (2026-2033) Verified Market Reports Roll-Off Dumpster Market 4.02 (2024) 2033 6.15 5.1 (2026-2033) Verified Market Reports Roll-Off Dumpster Market* 2.5 (2025) 2033 4.3 7.0 (2025-2033) HTF Market Insights Dumpster Rental Market 4.8 (2023) 2033 7.2 4.2 (2025-2033) Data Horizon Research The sustained growth of the roll-off container market is not accidental; several powerful macroeconomic and regulatory forces propel it. Understanding these drivers is key to anticipating future market demands and opportunities. One of the primary drivers is the ever-increasing volume of waste generated globally, particularly in urban centers. As populations grow and urban areas expand, so does the demand for efficient waste management solutions. For example, total waste generated in the US was about 292.4 million tons in 2018, according to EPA data, a statistic cited by Verified Market Reports. This includes municipal solid waste, construction and demolition debris, and industrial waste, all of which often require roll-off containers for collection and transport. The demand for roll-off containers is robust across multiple sectors. The construction and demolition industries are major consumers, requiring containers for debris removal from building sites, renovations, and demolitions. Residential and commercial sectors also contribute significantly, needing containers for large cleanouts, landscaping projects, and ongoing waste management. The manufacturing and logistics sectors utilize them for industrial waste and material handling. Even the healthcare sector relies on specialized roll-off containers for the disposal of non-hazardous waste materials. Rising environmental regulations and a global emphasis on recycling and sustainable waste practices are significantly boosting the demand for roll-off containers. Governments worldwide are implementing stricter rules for waste segregation, disposal, and recycling, which necessitate specialized containers. This regulatory push encourages businesses and individuals to properly manage their waste, often through the use of rented roll-off containers. For instance, the need for separate containers for construction waste, recyclables, and general debris is becoming more common, driving demand for diversified container types. What are the primary drivers? Waste generation is increasing due to urbanization and population growth. Robust demand from construction, demolition, residential, commercial, and industrial sectors. Growing environmental regulations and a focus on recycling. Why are environmental regulations necessary? They mandate proper waste segregation, increasing the need for specialized containers. They promote recycling, leading to demand for containers dedicated to specific material streams. They push for responsible waste disposal, making roll-off containers an essential tool for compliance. The roll-off container market is characterized by the presence of several large, established players who have honed strategies for market dominance and sustained growth. Their approaches offer valuable insights into successful operations within this sector. The market is dominated by a few key players who have built extensive networks and diversified service offerings, significantly influencing the market. These companies leverage their scale and expertise to meet the varied demands of the waste management industry. According to HTF Market Insights, leading companies include: Waste Management (USA): A giant in the industry, offering comprehensive waste collection, disposal, and recycling services. A giant in the industry, offering comprehensive waste collection, disposal, and recycling services. Republic Services (USA): Another major player providing environmental services, including solid waste collection, transfer, recycling, and disposal. Another major player providing environmental services, including solid waste collection, transfer, recycling, and disposal. Clean Harbors (USA): Specializing in environmental, energy, and industrial services, including hazardous waste management. Specializing in environmental, energy, and industrial services, including hazardous waste management. Veolia (France): A global leader in optimized resource management, offering water, waste, and energy solutions. A global leader in optimized resource management, offering water, waste, and energy solutions. Stericycle (USA): Focused on regulated waste management and compliance services, particularly for healthcare. Focused on regulated waste management and compliance services, particularly for healthcare. Casella Waste Systems (USA): Providing solid waste management services, including collection, transfer, disposal, and recycling. Providing solid waste management services, including collection, transfer, disposal, and recycling. GFL Environmental (Canada): A diversified environmental services company offering solid waste management, infrastructure, and soil remediation. A diversified environmental services company offering solid waste management, infrastructure, and soil remediation. Rumpke Waste & Recycling (USA): A family-owned business providing residential and commercial waste and recycling services. A family-owned business providing residential and commercial waste and recycling services. Biffa (UK): A leading UK-based waste management company. A leading UK-based waste management company. SUEZ (France): Another global player in water and waste management. Another global player in water and waste management. Remondis (Germany): One of the world's largest water and environmental service companies. One of the world's largest water and environmental service companies. Cleanaway (Australia): Australia's leading waste management company. These market leaders employ a range of strategies to maintain their competitive edge and expand their market share. Their success often hinges on a combination of technological adoption, service diversification, and strategic partnerships. For example, companies like Wastequip and Consolidated Fabricators are pioneering advancements in container design, focusing on durability, lightweight materials, and enhanced safety features, which are key drivers for market growth, as noted by Verified Market Reports. This focus on product innovation directly contributes to operational efficiency and customer satisfaction. Furthermore, these companies leverage technological innovation, customized waste solutions, and strategic partnerships to meet evolving customer and regulatory demands. Their ability to offer a wide array of container sizes and specialized services allows them to cater to diverse client needs, from small residential projects to large-scale industrial operations. This comprehensive approach ensures they remain at the forefront of the industry. The waste management industry, including the roll-off container segment, is increasingly embracing technology to enhance efficiency, reduce costs, and improve service delivery. Artificial intelligence (AI) and related digital tools are playing a transformative role. AI technology is revolutionizing how roll-off container businesses operate. From optimizing routes to predicting demand, AI technology solutions are enabling companies to achieve unprecedented levels of efficiency. For instance, AI-driven scheduling and route optimization tools automate dumpster deployments and pickups, significantly reducing operational costs and increasing service capacity. An expert summary on starting roll-off dumpster businesses highlights that with a projected 6% annual growth in the dumpster rental industry, 'leveraging AI tools for automation is critical for operational efficiency and scaling your business in a competitive market,' as stated by Several AI technology trends are emerging within the roll-off container sector: Route Optimization: AI algorithms analyze traffic patterns, road conditions, and container fill levels to create the most efficient collection and delivery routes, minimizing fuel consumption and driver hours. Predictive Maintenance: AI technology solutions can predict when containers or trucks might need maintenance based on usage data, preventing costly breakdowns and extending asset lifespan. Demand Forecasting: By analyzing historical data, seasonal trends, and local events, AI can accurately forecast demand for various container sizes, allowing companies to optimize their inventory and deployment. Automated Billing and Customer Service: AI-powered chatbots and automated systems can handle routine customer inquiries and billing processes, freeing up human staff for more complex tasks. Implementing AI technology best practices is crucial for maximizing its benefits. This includes ensuring data quality, integrating AI tools seamlessly with existing systems, and providing adequate staff training. Companies that successfully adopt AI technology strategies often see improvements in their bottom line and customer satisfaction. For example, Waste Management and Republic Services are investing in digital platforms that integrate AI for better fleet management and customer interaction, showcasing the practical application of AI technology solutions in large-scale operations. How to leverage AI technology? Implement AI for route optimization and scheduling. Utilize AI for predictive maintenance of assets. Employ AI for accurate demand forecasting. Automate customer service and billing with AI. What are the benefits of AI technology? Reduced operational costs (fuel, labor). Increased service capacity and efficiency. Improved asset utilization and lifespan. Enhanced customer satisfaction through faster service. Roll-off containers come in various sizes and configurations, designed to accommodate different types of waste and project scales. Understanding these variations is essential for both providers and users to ensure efficient waste management. Roll-off containers are typically measured in cubic yards, indicating their volume capacity. The most common sizes range from 10 to 40 cubic yards, each suited for specific applications. For a breakdown of available dumpster sizes, rental periods, and usage scenarios, this roll-off dumpster service guide offers a practical overview. 10-Yard Container: Ideal for small-scale projects like garage cleanouts, minor renovations, or landscaping debris. Roughly equivalent to 3 pickup truck loads. Ideal for small-scale projects like garage cleanouts, minor renovations, or landscaping debris. Roughly equivalent to 3 pickup truck loads. 20-Yard Container: A versatile option for medium-sized projects such as roofing tear-offs, deck removals, or larger home cleanouts. Holds about 6 pickup truck loads. A versatile option for medium-sized projects such as roofing tear-offs, deck removals, or larger home cleanouts. Holds about 6 pickup truck loads. 30-Yard Container: Frequently used for significant home additions, commercial cleanouts, or large construction debris. Can hold around 9 pickup truck loads. Frequently used for significant home additions, commercial cleanouts, or large construction debris. Can hold around 9 pickup truck loads. 40-Yard Container: The largest standard size, perfect for major construction and demolition projects, large commercial cleanouts, or industrial waste. Accommodates approximately 12 pickup truck loads. Efficient allocation of container sizes matched to specific project waste volumes has proven key to maximizing turnover and revenue while minimizing idle container time, as highlighted in market reports like Market Research Future. Beyond size, roll-off containers also vary in their construction materials and design features. Most are made from durable steel, but some specialized containers might use aluminum or even plastic for specific applications. Design variations include: Open-Top Containers: The most common type, with an open top for effortless loading of debris. The most common type, with an open top for effortless loading of debris. Compactor-Ready Containers: Designed to connect to waste compactors, allowing for a higher volume of waste to be stored. Designed to connect to waste compactors, allowing for a higher volume of waste to be stored. Sealed Containers: Used for liquid waste or materials that need to be contained to prevent leaks or odors. Used for liquid waste or materials that need to be contained to prevent leaks or odors. Recycling Containers: Often color-coded or designed explicitly for single-stream or segregated recycling materials. These multiple container types by load capacity and material (steel, aluminum, plastic) are used across sectors such as construction, manufacturing, logistics, and healthcare, according to Market Research Future's graph below: The versatility of roll-off containers makes them indispensable across a wide range of industries: Construction & Demolition: For disposing of concrete, wood, drywall, metal, and other building materials. Residential: For home renovations, spring cleaning, yard waste removal, and moving cleanouts. Commercial: For retail store cleanouts, office renovations, and ongoing waste management for businesses. Industrial: For manufacturing waste, scrap metal, and other industrial byproducts. Event Management: For waste collection at significant public events, festivals, and concerts. The roll-off container market presents significant opportunities for growth, particularly when considering regional dynamics and strategic expansion. Understanding where and how to grow is crucial for businesses in this sector. North America, particularly the United States, currently holds a dominant position in the global roll-off container market. This dominance is attributed to high waste generation rates, robust construction activity, and well-established waste management infrastructure. However, the Asia-Pacific region is identified as the fastest-growing regional market. This reflects ongoing industrialization, rapid urbanization, and increasing infrastructure development in countries like China and India, which are generating substantial volumes of waste and driving demand for efficient disposal solutions, as noted by Datahorizzon Research and HTF Market Insights. Companies looking to capitalize on these growth opportunities often employ specific strategies: Targeting Fast-Growing Regions: Focusing investment and expansion efforts on areas like Asia-Pacific, where infrastructure growth is rapid and waste management needs are escalating. Focusing investment and expansion efforts on areas like Asia-Pacific, where infrastructure growth is rapid and waste management needs are escalating. Consolidating in Mature Markets: In established markets like North America and Europe, growth often comes through mergers and acquisitions, allowing companies to expand their service areas and customer bases. In established markets like North America and Europe, growth often comes through mergers and acquisitions, allowing companies to expand their service areas and customer bases. Adapting to Local Regulations: Understanding and complying with diverse local and national waste management regulations is critical for successful market entry and operation in new regions. Beyond geographic expansion, market penetration strategies involve diversifying product and service offerings. This includes offering variable container sizes and specialized containers for recycling, industrial, and municipal waste. This approach addresses diverse client needs and increases market penetration, as discussed by Verified Market Reports and Market Research Future. Image Source: Verified Market Reports. For example, Waste Management and Republic Services have reported continued year-on-year growth of approximately 7% in market share by expanding customized container sizes (10-40 yards) and focusing on high-demand sectors like construction, industrial waste, and event cleanup, according to Market Research Future. Furthermore, a focus on sustainability by integrating recyclable-friendly container designs and partnering with responsible waste processing firms enhances brand reputation and customer retention, aligning with global environmental goals, as noted by Verified Market Reports. Maximizing profitability in the roll-off container business hinges on optimizing operational efficiency and implementing effective revenue generation strategies. This involves smart resource allocation, customer-centric approaches, and leveraging technology. The U.S. roll-off dumpster market, with 232 companies, averages rental rates between $280 – $663 per week, indicating significant revenue potential for efficient operators, according to Datahorizon Research. Pricing strategies often vary based on container size, rental duration, type of waste, and geographic location. Transparent pricing models, including clear explanations of weight limits and potential overage fees, build customer trust and prevent disputes. Key elements of effective pricing include: Tiered Pricing: Offering different rates for various container sizes and rental periods. Offering different rates for various container sizes and rental periods. Weight-Based Fees: Charging additional fees for waste exceeding a specified weight limit to cover disposal costs. Charging additional fees for waste exceeding a specified weight limit to cover disposal costs. Delivery and Pickup Fees: Separately itemizing transportation costs. Separately itemizing transportation costs. Environmental Surcharges: Covering costs associated with responsible waste disposal and recycling. Providing flexible rental periods, on-demand container delivery, and transparent pricing attracts varied customer segments, from homeowners to large construction firms, as highlighted by Datahorizon Research. A strong focus on customer service, including timely delivery and pickup, clear communication, and responsive support, is paramount for customer retention and positive word-of-mouth referrals. Examples of customer-centric approaches: Flexible Scheduling: Allowing customers to choose specific delivery and pickup times that suit their project timelines. Online Booking Systems: Providing convenient digital platforms for customers to book, manage, and pay for rentals. Dedicated Account Managers: For large commercial or industrial clients, assigning a single point of contact to streamline communication and service. Waste Audits: Offering consultation services to help clients determine the most appropriate container sizes and waste segregation strategies for their needs. Efficient allocation of container sizes matched to specific project waste volumes has proven key to maximizing turnover and revenue while minimizing idle container time, as mentioned by Market Research Future. This involves robust inventory management systems, often supported by AI technology solutions, to track container locations, availability, and usage patterns. Quick turnaround times between rentals ensure that containers are generating revenue rather than sitting idle. How to optimize revenue? Implement transparent and competitive pricing models. Focus on customer satisfaction through flexible and responsive service. Maximize container turnover and minimize idle time. Leverage technology for efficient scheduling and inventory management. What are key success metrics? Average weekly rental rates. Container utilization rates. Customer retention rates. Operational cost per container. The roll-off container market is a dynamic and essential component of the global waste management industry, poised for significant growth in the coming decade. Driven by increasing waste generation, urbanization, and evolving environmental regulations, the demand for efficient and versatile waste disposal solutions continues to rise. The integration of AI technology and strategic operational optimizations is not just a trend but a critical imperative for businesses seeking to thrive in this competitive landscape. From understanding market size and growth projections to leveraging technological innovations and adopting customer-centric strategies, the insights presented here underscore the robust opportunities within this sector. As waste volumes continue to grow worldwide, roll-off containers will remain indispensable tools, and companies that prioritize efficiency, sustainability, and technological advancement will be best positioned for long-term success. TIME BUSINESS NEWS
Yahoo
3 hours ago
- Yahoo
Cotton Eases Back Lower on Thursday
Cotton futures closed the Thursday session with contracts down 5 to 10 points in the nearbys, as October was down 24 points on thin trade. The US dollar index was back down $0.383 to $98.045, as crude oil futures were down another $1.31. USDA's Export Sales report showed a total of 241,982 RB of cotton sold in the week of 8/7. The top buyer was Vietnam of 119,200 RB, with 40,200 RB sold to Bangladesh and 20,700 RB to Turkey. Actual shipments were 142,593 RB in the first week of the MY. The top destination was Vietnam of 34,800 RB with 26,200 RB to Pakistan and 19,300 RB to Turkey. More News from Barchart Coffee Prices Rally on Light Frost in Brazil and Drop in Brazilian Robusta Exports Coffee Prices Rally on Light Frost in Brazil Cocoa Prices Fall Back After Recent Rally on Dry West African Weather Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! The Seam reported 353 bales sold on the Wednesday online auction at an average price of 60.73 cents/lb. The Cotlook A Index was back up 175 points at 79.95 cents on August 13. ICE cotton stocks were steady on 8/13, with the certified stocks level at 18,242 bales. USDA's Adjusted World Price (AWP) was back up 66 points on last week at 55.05 cents/lb. Oct 25 Cotton closed at 66.17, down 24 points, Dec 25 Cotton closed at 67.68, down 5 points, Mar 26 Cotton closed at 69.25, down 7 points On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Business Wire
4 hours ago
- Business Wire
AM Best Upgrades Credit Ratings of EFU General Insurance Limited
LONDON--(BUSINESS WIRE)-- AM Best has upgraded the Financial Strength Rating to B (Fair) from B- (Fair) and the Long-Term Issuer Credit Rating to 'bb' (Fair) from 'bb-' (Fair) of EFU General Insurance Limited (EFUG) (Pakistan). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect EFUG's balance sheet strength, which AM Best assesses as adequate, as well as its strong operating performance, neutral business profile and marginal enterprise risk management (ERM). The rating upgrades reflect improvements in EFUG's balance sheet strength fundamentals, notably through strengthened risk-adjusted capitalisation, as measured by Best's Capital Adequacy Ratio (BCAR), underpinned by good earnings retention. In addition, the upgrade considers improvements in the economic, political and financial system risks in Pakistan. The stable outlooks reflect EFUG's strengthened risk-adjusted capitalisation, which is expected to remain at least at the very strong level, as measured by BCAR. However, the company's risk-adjusted capitalisation remains potentially volatile and sensitive to asset risk, which is the primary driver of required capital. Further offsetting factors include a high dependence on reinsurance and exposure to a non-rated reinsurance counterparty, through mandatory cessions to the state-owned reinsurer in Pakistan. EFUG has a history of robust operating profitability, with a five-year (2020-2024) weighted average return on equity of 14.9%, supported by positive underwriting and investment results. The company has generated solid underwriting profits over the same period, with an average combined ratio of 88.8%. Despite difficult market conditions, AM Best expects EFUG's prospective underwriting performance to remain strong. EFUG benefits from its leading market position domestically, with an estimated non-life market share of 20% in 2024. The company has a well-diversified underwriting portfolio across non-life business segments, and when combining conventional and takaful business, EFUG wrote consolidated gross written premium of PKR 41.3 billion (USD 149 million) in 2024. The company experienced a marginal decline in premiums during 2024 as part of a strategic action to de-risk its underwriting portfolio. The company leverages its long-standing client relationships in the market, which has helped it to navigate the challenging business environment. AM Best views EFUG's ERM as marginal given the size and complexity of its operations. The company's risk profile remains exposed to Pakistan's elevated economic, political and financial system risks. While AM Best notes EFUG's historical operational resilience to country risk factors, risk management challenges are presented by its concentration of business and assets in Pakistan. This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments.
