Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Postal Service Uncertainty Hurting Paper Industry, Domtar Says

Domtar Corp., the largest North American maker of paper for printers and copiers, is among companies hurt by uncertainty about the future of the U.S. Postal Service, which may run out of money in September, an executive said.

Domtar may see less of its printed paper sent as advertising mail if mailers don’t know what sort of future the Postal Service has, Rob Melton, vice president of converting papers and strategic accounts, said today in Washington. The company has shut down paper machines at four mills since 2007.

“Uncertainty about the viability of the Postal Service will negatively impact mailer and marketer decisions to choose mail, so the urgency to restore confidence that the Postal Service is a dependable partner is great,” Melton, whose company is based in Montreal, today told the House Subcommittee on Federal Workforce, U.S. Postal Service and Labor Policy.

The Postal Service, which this week posted a loss of $2.6 billion for its fiscal second quarter, is asking Congress to allow it to delay a required $5.5 billion payment for health benefits of future retirees. That payment is due in September.

The service is also seeking permission to more easily close post offices and other facilities.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.