“Donahoe raised postal rates by 6 percent in December, making magazine delivery more expensive at a time publishers are carefully managing their print costs,” Folio: noted. Periodicals mail volume declined more than 6% in the first six months after the “exigent” rate increase was implemented.
Folio:’s slap at the PMG was a far cry from April 2012, when the magazine hailed Donahoe because “he has pledged to support the magazine industry.” He was awarded a place on that year's Folio: 40 list of the magazine industry’s “most innovative and distinguished professionals.”
To be fair to Donahoe, almost everyone in 2012 thought Congress would have to do something to relieve the Postal Service’s financial burdens, after squeezing billions of dollars from the agency in the form of pension overpayments and prepaid retiree health benefits.
But in fact Congress has been unable to do anything more meaningful than name additional post offices, leaving Donahoe few options in his efforts to keep the agency solvent.