Todd Zegers captains his boat with his son, Zadrian, off the coast of Southern California in November 2020. | Courtesy of Todd Zegers
ITAD industry veteran Todd Zegers recently left Ingram Micro to start his own consulting business. As he launches his new venture, Zegers spoke with E-Scrap News to share reasons for the transition and insight on industry trends he’s seeing. Continue Reading
CNE Direct located its newest facility in Ohio to make it easier to ship out refurbished devices. | Courtesy of CNE Direct
ITAD companies often seek to site facilities near their clients to reduce costs and environmental impacts of collecting used electronics. With its new Ohio plant, CNE Direct also considered downstream movement. Continue Reading
The money will go toward growing the company’s footprint and improving user experience for its customers. | Jared Paben/E-Scrap News
Mobile device reseller ecoATM Gazelle secured a $50 million investment to expand its enterprise partnerships and platforms. Continue Reading
A Sims Lifecycle Services financial presentation attributes reduced resale prices to lockdowns in China and muffled consumer demand stemming from inflation. | antb/Shutterstock
Sims Lifecycle Services resold considerably more IT devices in the latter half of 2022, but softer demand resulted in lower selling prices and inflation took its toll on profits. Continue Reading
Maryland-based Apkudo boosts supply chain efficiency to support repair, resale and recycling markets. | KovalchukOleksandr/Shutterstock
Apkudo, which helps companies manage connected devices, announced it received $37.5 million in Series C funding.
Cascade Asset Management stores assets in a warehouse. It released a survey of customers that found a persistent gap in mobile asset tracking and continuing lack of awareness about certifications. | Courtesy of Cascade Asset Management
Expectations for higher IT spending, a persistent gap in mobile asset tracking and continuing lack of awareness about certifications were among the surprising takeaways in Cascade Asset Management’s latest survey of customers.
Certification and standardized grading can bring much-needed transparency to the refurbished device market, according to the CEO of Phonecheck. | Daniel-Krason/Shutterstock
I used to run a business that acquired and sold pre-owned mobile devices. It was a great model – we could buy less-than-perfect phones and other devices inexpensively, and with a little effort and elbow grease, sell them for a bit more.
A law will allow certified, nonprofit refurbishing companies to directly obtain, refurbish and distribute surplus government computers to veterans and others in need. | Dmitry-A/Shutterstock
A new law allows the federal government to provide surplus and repairable used computers directly to nonprofit refurbishers, who will then provide them to individuals in need.
Oregon’s proposed bill would mandate access to schematics, tools and parts at a fair and reasonable cost and cover any household product – from computers to appliances – that contains digital components. | Alexey Kabanov/Shutterstock
Supporters of the right to repair consumer electronics are hoping that the third time’s the charm in Oregon.
KeyBank has provided money for dedicated space and equipment to teach financial wellness classes at RecycleForce’s new headquarters, which is under construction in Indianapolis. | Courtesy of RecycleForce
RecycleForce’s upcoming Indiana headquarters will provide not only training in e-scrap recycling but a dedicated space for financial wellness lessons, with help from KeyBank.