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In our worldwide economy, the humble pine pallet is the way that goods move around the globe. Demand for pallets is so great that American manufacturers churn out nearly 1 billion of them every year. And right now, it’s not enough.

Amtrak’s proposed $11.6 billion passenger rail tunnel between New York and New Jersey received long-delayed environmental clearance from U.S. officials, the project’s biggest step forward in years. The decision is crucial to start the next phase of work and secure billions of federal dollars for what’s considered one of the most vital U.S. infrastructure needs.

President Joe Biden plans to meet with Republicans next week after a group of GOP senators pitched a fresh offer on a major new infrastructure plan that still left them over $1 trillion short of the White House’s latest proposal.

Republican senators outlined a $928 billion infrastructure proposal May 27 that would tap unused coronavirus aid, a counteroffer to President Joe Biden’s more sweeping plan as the two sides struggle to negotiate a bipartisan compromise and remain far apart on how to pay for the massive spending.

A group of Senate Republicans plans to present its latest offer to the White House on a major new infrastructure package on May 27, with one member saying it will weigh in at almost $1 trillion.

Oil was little changed as investors weighed talks of higher Iranian supply against the prospect of a continued recovery in demand.

Amazon .com Inc. was sued by the attorney general for Washington, D.C., who accused the online retail giant of engaging in anticompetitive practices that have raised prices for consumers.

CAIRO — An Egyptian appeals court said May 23 it lacks jurisdiction to look into the Suez Canal Authority’s demands to uphold financial claims that led to the seizure of the cargo ship that blocked the waterway in March.

The expected increase in commercial drone operations such as delivery flights is prompting accident investigators to expand the types of aviation crashes they plan to review.

The nationwide lockdowns brought on by the pandemic cleared the roads of many passenger vehicles and helped truckers keep goods moving. However, as passenger cars gradually return, industry experts are considering how those pandemic-era roads affected safety and how drivers will respond once they start getting crowded again.