The Ports of Los Angeles and Long Beach, the largest U.S. port system, are considering a new fee to help improve harbor infrastructure.
The Long Beach and Los Angeles boards of harbor commissioners met on Monday to discuss assessing a fee of $15 per 20-foot equivalent unit, or TEU, to raise $1.4 billion to pay for improvements to bridges, roads and rail networks. A TEU is the standard maritime industry measurement for counting cargo.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)