A theoretical study is made of continuously stratified flow of large depth over topography when small periodic vertical fluctuations are present in the Brunt–Väisälä frequency, the background flow conditions being otherwise uniform. It is known from Phillips (1968) that, owing to nonlinear interactions with such fluctuations, internal gravity waves with vertical wavelength twice that of the background variations become trapped along the vertical, suggesting a waveguide-like behaviour. Using the asymptotic theory of Kantzios & Akylas (1993), we explore the role that this interaction-trapping mechanism plays in the generation of finite-amplitude long-wave disturbances near the hydrostatic limit. As a result of vertical trapping, a resonance phenomenon occurs and the linear hydrostatic response grows unbounded when the flow speed coincides with the long-wave speed of a free propagation mode that is trapped close to the ground. Near this critical flow speed, according to weakly nonlinear analysis, the wave evolution along the streamwise direction is governed by a forced extended Korteweg–de Vries equation, which predicts upstream-propagating solitary waves and bores similar to those obtained in resonant stratified flow of finite depth. The finite-amplitude response is then studied numerically and in some cases features strong upstream influence in the form of vertically trapped solitary waves and bores. On the other hand, incipient wave breaking is often encountered during the evolution of the nonlinear resonant response, and this flow feature, which is beyond the reach of weakly nonlinear theory, arises at topography amplitudes significantly below the critical value for overturning predicted by the classical model of Long (1953) for uniformly stratified steady flow.