But managing director Alan Galley said:‘We have continued our investment in our traction, rolling stock and terminal facilities.’

The company is continuing to replace old class 47 locos with new class 66s,has doubled the size of its Cardiff terminal this year,and invested to modify its wagon fleet.

The recession in the Far Eat also cut the number of deep-sea containers being handled by Freightliner.

Information from Freightliner. Email: brawna at freightliner.co.uk