Folio: Magazine Honors Donahoe As Innovator

Postmaster General Patrick Donahoe was named today to Folio: magazine's "2012 Folio: 40" list of the magazine industry's "most innovative and distinguished professionals."

The Donahoe article, published online today and to appear in an upcoming issue of the magazine, cited Donahoe's "continued commitment to magazine media, while also remaining steadfast on the realities surrounding the challenges the USPS is combating."

Donahoe has reassured publishers that the U.S. Postal Service won't try to solve its financial problems by jacking up their postage rates, the article said. He's trying instead to cut costs, it added, by reducing the number of employees and postal facilities and by eliminating Saturday delivery.