Soo Line, after trying in 1987 to establish an "internal regional" with relaxed work-rules on most of its own lines in Wisconsin and Upper Michigan, as the Lake States Transportation Division, gave up the attempt in order to concentrate on its new system including the Milwaukee Road and sold off Lake States' 2300 miles of track to a group of investors who reused the name, and emblem (which dated from 1885), of the prior railroad on the majority of its lines. Wisconsin Central Ltd. ultimately grew to a 3000-mile system, including FV&W, ACR, and Sault Ste. Marie Bridge Co., the terminal firm used as the corporate entity to acquire 220 miles of ex-C&NW Upper Michigan lines from Union Pacific on January 27, 1997. Wisconsin Central Ltd. was acquired by Canadian National on October 9, 2001, providing the missing link in CN's Y-shaped transcontinental system.

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