Canadian Pacific Kansas City Ltd. CP-T is reporting a big profit boost in its latest quarter despite U.S. tariff disruption.

The railway says its net income for the quarter ended Sept. 30 rose 10 per cent to $917-million from $837-million in the same period last year.

CPKC says third-quarter revenues increased 3 per cent to $3.7-billion from $3.5-billion a year earlier on the back of higher shipping volumes.

It says diluted earnings jumped to $1.01 per share versus 90 cents per share last year, falling short of analysts’ expectations of $1.11 per share, according to financial markets firm LSEG Data & Analytics.

Grain, potash and container volumes rose markedly year-over-year while forest products and energy, chemicals and plastics sagged.

Chief executive Keith Creel says the company

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