Canadian National Railway Profit, Revenue Rise

Canadian National Railway CNR 0.50%increase; green up pointing triangle reported a rise in third-quarter profit and revenue due to higher freight volumes transported.

The Canadian railroad on Friday posted higher net income of 1.14 billion Canadian dollars ($815 million), or C$1.83 a share, up from C$1.09 billion, or C$1.72 a share, in the comparable quarter a year earlier.