The Chicago Central and Pacific Railroad was a Class II railroad

Class II railroad

A Class II railroad in the United States is a mid-sized freight-hauling railroad, in terms of its operating revenue. , a railroad with revenues greater than $20.5 million but less than $277.7 million for at least three consecutive years is considered a Class II railroad...

 operating on the former Illinois Central Railroad

Illinois Central Railroad

The Illinois Central Railroad , sometimes called the Main Line of Mid-America, is a railroad in the central United States, with its primary routes connecting Chicago, Illinois with New Orleans, Louisiana and Birmingham, Alabama. A line also connected Chicago with Sioux City, Iowa...

 (IC) mainline between Chicago, Illinois, Albert Lea, Minnesota

Albert Lea, Minnesota

Albert Lea is a city in and the county seat of Freeborn County in the southeastern part of the U.S. state of Minnesota. The population was 18,016 at the 2010 census....

, Omaha, Nebraska

Omaha, Nebraska

Omaha is the largest city in the state of Nebraska, United States, and is the county seat of Douglas County. It is located in the Midwestern United States on the Missouri River, about 20 miles north of the mouth of the Platte River...

, and Sioux City, Iowa

Sioux City, Iowa

Sioux City is a city in Plymouth and Woodbury counties in the western part of the U.S. state of Iowa. The population was 82,684 in the 2010 census, a decline from 85,013 in the 2000 census, which makes it currently the fourth largest city in the state....

. The railroad was formed as a spinoff from the IC, with operations beginning on December 24, 1985. The IC repurchased the railroad in 1996 and operated it as a subsidiary until the IC itself was purchased by CN

Canadian National Railway

The Canadian National Railway Company is a Canadian Class I railway headquartered in Montreal, Quebec. CN's slogan is "North America's Railroad"....

. The company continues to exist as a subsidiary of the Grand Trunk Corporation

Grand Trunk Corporation

The Grand Trunk Corporation is the subsidiary holding company for the Canadian National Railway's properties in the United States. It is named for the former Grand Trunk Railway, which CN absorbed in the early 1920s...

.