GREEN Cargo, Sweden, reported a loss of Euros 21.5 million in 2009 as the recession took its toll on the freight operator with overall volumes down by 24%. The company, however, says a streamlining process implemented in the second half of the year led to a considerable improvement in results enabling it to achieve a profit and good cash flow for the final six months of 2009. With these programmes set to continue, Green Cargo predicts that it will have reduced its costs by more than Euros 58 million by 2012.