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Presumably part of this money is being spent on upgrading the relief lines, so hopefully there's capacity for some freight too. Especially if they upgrade some of the switches to get you into/out of freight sidings
AIUI (from a recent article in Modern Railways) the introduction of electric arc furnaces at the Margam steelworks will result in a significant increase in inbound freight traffic along the main line, as a huge amount of scrap steel is required to feed the furnaces.
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