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The Association of American Railroads (AAR) predicts that the nation’s major freight railroads will invest a record $13bn in capital expenditures in 2012 to expand, upgrade, and enhance the nation’s freight rail network.

The floodwaters may have receded, but Thailand’s manufacturing industry remains on its knees-with worrying prospects for Western buyers.

The Appellate Body of the World Trade Organisation (WTO) ruled yesterday that China’s export restrictions on several key industrial raw materials are in breach of WTO rules.

US reports claim that sources close to Sears Holdings Corp have admitted that factoring company CIT will block loans or guarantees covering any orders suppliers make with the retail group.

Denso and Yazaki, two of Japan’s biggest car part manufacturers, have agreed to plead guilty and pay fines of $548m to the US Government as part of a wider investigation into price fixing within the automotive industry.

German companies are cooperating on the purchase of key commodities as part of a 12-strong purchasing alliance, the Federation of German industry BDI said on Monday.

The US Secretary of Homeland Security Janet Napolitano (pictured) has reiterated the need for global cooperation on supply chain security.

Global businesses need to be more innovative if they are to combat major-impact so called “black swan events” such as terrorist attacks, tsunamis or major oil spills, experts warn.

EU Trade Commissioner De Gucht and Development Commissioner Piebalgs announced today a commitment to make supply chains more transparent, a move aimed at helping prevent natural resource-fuelled conflict.

A record 291 products had to be recalled in the UK last year – a 27% increase on 2010. Supply chain issues were highlighted by headline recall cases in 2011, including batches of a Loyd Grossman korma sauce, Beko freezers from Turkey and Pfizer’s hormo…