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North Dakotans oppose railway merger complicated by Biden exec order


A proposed merger between the Canadian National and Kansas City Southern railways that could have major impacts on the shipping of agricultural products and oil has garnered opposition from the three-member North Dakota congressional delegation and former Sen. Byron Dorgan, D-N.D., and may also be less likely after President Biden issued his executive order to encourage more competition.
Canadian Pacific initially made an offer to buy the Kansas City Southern railway, but Canadian National, a larger railroad, offered Kansas City Southern stockholders more money. Kansas City Southern now favors the merger with Canadian National. Canadian Pacific is trying to convince the Surface Transportation Board, which has jurisdiction over the merger, to stop the CN-KCS merger and pave the way for a revival of its proposal to acquire KCS. ....

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South Dakota Public Utilities Commission approves court case versus Fearless Grain Marketing and owner Jeremey Frost

The South Dakota Public Utilities Commission ordered staff to go to court against Jeremey Frost of Fearless Grain Marketing for buying grain without a license. Separately, he is being sued for contract violations by Indigo Ag, a company based in Memphis, Tenn., and Boston. Grain industry officials urged the SDPUC to back future bills that would further regulate “roving grain buyers” and “brokers,” similar to North Dakota changes, in the wake of the Hunter Hanson fraud in 2018 and 2019. ....

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South Dakota Public Utilities Commission approves court case versus Fearless Grain Marketing and owner Jeremey Frost


South Dakota Public Utilities Commission approves court case versus Fearless Grain Marketing and owner Jeremey Frost
The South Dakota Public Utilities Commission ordered staff to go to court against Jeremey Frost of Fearless Grain Marketing for buying grain without a license. Separately, he is being sued for contract violations by Indigo Ag, a company based in Memphis, Tenn., and Boston. Grain industry officials urged the SDPUC to back future bills that would further regulate “roving grain buyers” and “brokers,” similar to North Dakota changes, in the wake of the Hunter Hanson fraud in 2018 and 2019.
9:51 am, Apr. 8, 2021
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The South Dakota Public Utilities Commision on April 7, 2021, ruled that their staff should pursue court action against Jeremey Frost of Onida, S.D., and his Fearless Grain Marketing LLC, for trading grain without a license. Frost is also facing a separate federal suit from Indigo Ag Inc., in Memphis, Tenn. Photo ....

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