KANSAS CITY, Mo. –The Canadian Pacific Railroad won a hard-fought battle with rival Canadian National to acquire a lucrative link to Mexico by buying the Kanas City Southern line. CP and Kansas City Southern signed the $25 billion deal less than two weeks after the U.S. Transportation Board rejected a CN proposal that also would have created the first integrated Class rail system for tri-national shipping. The Board saw the CN offer as potentially problematic for shippers.

Earlier: Feds squash Canadian National rail merger scheme

Coast to coast to coast. An integrated 20,000-mile transcontinental system with the only route into Mexico.