NEW YORK (CBSNewYork) – A troubled trash company in New York City has gone out of business.

Sanitation Salvage has surrendered its license and has ceased all operations after being suspended.

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The private sanitation company had been declared a threat to the public after two deadly crashes on city streets.

The company also piled up a number of safety violations.

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MORE: NYPD Orders Crackdown On Reckless Private Garbage Truck Drivers

Last month, CBS2 reported on the NYPD’s crackdown on out-of-control garbage trucks from various private trash hauling businesses.

Drivers were caught running red lights, reversing down one way streets, speeding, and worse.

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A private garbage truck stopped by the NYPD for traffic violations. (Credit: CBS2)

With CBS2’s Marcia Kramer tagging along, cops handed out 47 summonses for serious violations in just a few hours on one October patrol.