Draft:Rinchem

= Rinchem =

Rinchem is a global provider of supply chain solutions that offers logistics services for critical materials across multiple industries. The firm is headquartered in the United States and provides third-party and fourth-party logistics specializing in the warehousing and transportation of hazardous chemicals and dangerous goods. They specialize in supply chain management for large semiconductor manufacturers but also support many industries including pharmaceuticals, biotechnology, aerospace and defense, solar panel manufacturing, beauty and personal care, chemical manufacturing, and paints and coatings. Rinchem’s service offerings include warehousing, transportation, and freight forwarding alongside their proprietary logistics analytics and warehouse management software, Chem-Star®.

Rinchem is headquartered in Albuquerque, New Mexico and was founded by Bill Moore in 1976. Initially, Rinchem provided chemical waste management services and chemical distribution, but as the company began to play a bigger role in third-party chemical logistics the waste management services were discontinued in 2001.

Current Operations
Rinchem operates 28 warehouses across the United States and parts of Europe, Asia and the Middle East plus two trucking companies - CGL Transportation and Carolina Tank Lines.

Rinchem Warehouse Locations
Rinchem opened 2 warehouses, Penang, Malaysia and Cornelius, OR, in 2023 and plans to open 1 warehouse, Surprise, AZ, in 2024. Future plans for a warehouse in Ohio are ongoing and plans for a new warehouse in New York have been speculated.

In 2014 Rinchem acquired Chimei Logistics Corporation which included at 36,000 sq. ft. distribution facility located near Tainan Science Park and within 50 miles of the Port of Kaohsiung, the largest port in Taiwan. The acquisition also included the transfer of employees, a ground transportation fleet, freight forwarding assets, logistics information systems and over 193,000 square feet of property.

Warehousing
Rinchem warehouses specialize in storing hazardous chemicals and dangerous goods. These warehouses store multiple hazard classes and have separate rooms for flammable, corrosive, oxidizing, and temperature-controlled materials. Many Rinchem warehouses also have gas pads for the storage of gas cylinders and ISO tank storage yards.

ISO Yard
Rinchem currently has 9 ISO storage locations globally. Rinchem offers ISO tank storage solutions and their facilities are equipped with temperature and pressure controls, and they offer real-time monitoring for proper safety and regulatory compliance.

ISO tanks benefits include:


 * Helps to combat capacity restraints in the truck tank market
 * Provides a lower cost intermodal solution to replace long haul truck excursions
 * Safe, reliable and cost effective solution for storing bulk materials

Locations with ISO Capabilities:

Gas Pad
Rinchem offers solutions for storing high-purity and specialty gases, including flammable, toxic, and corrosive varieties. Gas pads had safety features like leak detection and fire suppression systems.

Locations with Gas Pad Capabilities:

Cleanroom Services
Rinchem provides cleanroom facilities and diptube exchange capabilities in some of their warehouses. Cleanrooms virtually eliminate contamination risks during transfer processes. Technicians equipped with tools and specialized techniques exchange diptubes, minimizing product loss and preserving quality.

Locations with Cleanroom Capabilities:

Transportation
Rinchem provides final mile delivery and over-the-road transportation. They are a national bonded carrier for transportation and maintain a fleet of tractors and trailers. Rinchem has two transportation subsidiaries, CGL Transport which was launched in 2011 and based in Albuquerque, New Mexico and Carolina Tank Lines, which was acquired in 2019 and is based in Burlington, North Carolina.

Rinchem acquired JS Transport in Taiwan in 2017 and sold the business in 2023.

Freight Forwarding
Rinchem provides air and ocean freight services with a network spanning many regions including North America, Europe, Asia-Pacific, and the Middle East. Rinchem offers freight forwarding solutions and supply chain services that include ocean, air, and inland transportation to and from the appropriate destination, preparation of freight documentation, warehousing and other storage facility services, consolidation and deconsolidation, cargo insurance, and custom compliance solutions. Additional freight forward services provided include:


 * Door-to-Door Service (in most countries)
 * Vessel Charter and Part-charter Services
 * Hazardous Declaration Creation (MSDS & POA Required)
 * Letter of Credit and Bank Draft Banking
 * Chambered and Legalization of Documents
 * Customs Clearance Services

Chem-Star®
Chem-Star® is Rinchem's warehousing and transportation management system that provides logistics analytics and inventory visibility. Chem-Star® uses GPS tracking in Rinchem's fleet of tractor trailers to provide visibility of customer shipments.

Employment
In 2022 Rinchem employed 957 individuals. 213 of those employees were truck drivers.

Diversity In 2022:


 * 76.5% of employees identified as male and 23.5% identified as female.
 * 11.7% were under 30 years old, 60.1% were between 30 and 50 years old, and 28.2% were over 50 years old.
 * 46% of employees identified as belonging to minority or vulnerable groups.

Safety
Due to the dangerous nature of the materials Rinchem manages they comply with federal, state, and local laws and work with DHS, DOT, EPA, and OSHA. The Rinchem Quality Management System is ISO 9001:2015 certified.

Rinchem follows the OSHA standard 1904 when recording and reporting statistics on work-related injuries. The TCIR (Total Case Incident Rate) rate for 2022 was 1.26 compared to an industry average of 4.8.

In 2022 Rinchem began using Samsara in its transportation divisions which uses AI dash cameras to monitor real-time incident detections, driver preventative coaching, and worker safety scores.

In 2023 Rinchem began using OneTrack.AI on its fleet of forklifts to detect, record, and prevent risky behaviors and accidents.

Rinchem reported a total CO23 emissions (scope 1 and scope 2) for 2022 at 50787.12 metric tons.

Stonepeak
In early 2022 Stonepeak, an investment firm specializing in infrastructure and real assets, announced it entered into an agreement to acquire Rinchem. "Stonepeak has significant experience investing in specialty transport and logistics businesses where we see powerful thematic tailwinds, and we anticipate that our investment in Rinchem will be another great example," said Luke Taylor, Stonepeak Senior Managing Director and Co-Head of the Americas.

Awards & Recognition

 * Inbound Logistics Top 100 3PL: 2015, 2016, 2017, 2018, 2019, 2021, 2022, 2023
 * Inbound Logistics Top 100 Trucking: 2023
 * Inbound Logistics Top 75 Green Supply Chain: 2018, 2022, 2023
 * New Mexico Top Workplaces: 2022
 * Smartway High Performer: 2023