Norfolk Southern Corporation (NSC)

[I-Man]

I am not stockholder here, but our company is a vendor with NSC.

In the past several months we have seen ongoing A/R problems getting paid from them for business we have done for them, and many times their corp sends partial payments only after we already wait 30-45 days, and never the full invoive amount and this is disturbing to see. It is not right when us smaller businesses have to carry materials so long waiting on NSC to pay on time and pay high % rates until we get funds to pay those off.

Is this a sign of things to come with NSC? I do not know. But to have a vendor account and agreement in place, and see this large corp not pay its bills to us vendors as agreed to is very upsetting.