Logistics Report: South China Sea Skirmish Threatens Trade; Hydrogen Power Gets a Boost
Briefly

Construction of new homes in the U.S. fell last month to the lowest level in four years. (MarketWatch)
Honeywell International is buying aerospace and defense technology company CAES Systems in a roughly $2 billion deal. (WSJ)
Private-equity firm Carlyle Group is expanding its energy assets with the acquisition of operations in Italy, Egypt, and Croatia from Energean. (WSJ)
CMA CGM is preparing an approximately $3.5 billion order for 20 mid-size containerships at HD Hyundai shipyards. (TradeWinds)
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