The U.S. Postal Service is in the middle of a difficult transition to position itself as a 21st century communications provider. The Postal Service sees new opportunities, but its current cash shortage makes it difficult to invest in modernizing aging facilities and vehicles, or developing new products to serve changing communications and delivery needs. Public-private partnerships (PPPs) are an increasingly popular way for governments to achieve policy goals and develop infrastructure, while shifting short-term financial burdens away from taxpayers and strained government coffers.
Like just about everything else, elevators age and break down. Just ask the U.S. Postal Service, which operates about 1,200 elevators — used to move mail as well as people — at more than 500 facilities nationwide. A little more than five years ago, the Postal Service established the Elevator...Read More