Right. No way is this the REAL largest merger. From what I’ve read, the merged CP-KCS will still be the smallest Class I railroad in North America.
Class I is a lot smaller than it was when I was young.
Florida East Coast would be Class I if revenues were consolidated with the transportation assets of its parent Groupo Mexico. I don't know that you could get there with just the FEC (Class II) and Texas Pacifico (Class III) assets in the US, but if so, it would be shorter.