{"id":498055,"date":"2026-08-04T20:00:29","date_gmt":"2026-08-04T10:00:29","guid":{"rendered":"https:\/\/www.railfreight.com\/?p=73226"},"modified":"2026-08-04T20:00:29","modified_gmt":"2026-08-04T10:00:29","slug":"spanish-rail-freight-returned-to-growth-in-2025","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=498055","title":{"rendered":"Spanish rail freight returned to growth in 2025"},"content":{"rendered":"<p><strong>The Spanish National Commission for Markets and Competition (CNMC) has published the national rail freight statistics for 2025. The most noteworthy development is a return to growth, for the first time since pandemic year 2021. Some companies fared better than others.<\/strong><br \/>\n<span id=\"more-73226\"><\/span>Rail operators in Spain moved 21.59 million net tonnes of freight in 2025. This marks a 2.6% growth compared to 2024, the first year-on-year growth since 2021. In terms of transport performance, measured in net tonne-kilometres, Spain recorded an increase of 6.7%. This translates into a total of 9.82 billion net tonne-kilometres.<\/p>\n<p>Those are positive numbers, especially when compared to the trend of the last few years. The Spanish rail freight industry peaked in 2015, after which it embarked on a path of decline with an exception in 2017. The only growth year since then was 2021. Spanish rail freight underperformed during all other years compared to the years before.<\/p>\n<figure style=\"max-width: 100%; margin: 20px auto; border-radius: 6px; overflow: hidden; box-shadow: 0 2px 8px rgba(0, 0, 0, 0.1);\"><img fetchpriority=\"high\" decoding=\"async\" class=\"fluid alignnone\" style=\"width: 100%; height: auto; display: block;\" src=\"https:\/\/www.railfreight.com\/wp-content\/uploads\/2026\/08\/ChatGPT-Image-Aug-4-2026-10_53_50-AM.jpeg\" alt=\"Translated from CNMC report\" width=\"907\" height=\"512\" \/><figcaption style=\"padding: 10px 15px; font-size: 14px; background: #f8f8f8; text-align: left; color: #555;\">Translated from CNMC report. Image: \u00a9 CNMC<\/figcaption><\/figure>\n<div style=\"border: 2px solid #0a4e7f; padding: 15px 20px 20px 20px; border-radius: 10px; background-color: #e7f1f8; margin: 20px 0;\">Growth is unlikely to continue in 2026. The start of the year turned out to be <a href=\"https:\/\/www.railfreight.com\/railfreight\/2026\/06\/30\/spanish-rail-freight-again-falls-to-pandemic-lows\/\"  rel=\"noopener\">unfavourable<\/a>, with numerous accidents on the railway. Passengers, and freight to a lesser extent, shied away from the railways. The Q1 volume dropped by 8.2% compared to the same period in 2025.<\/p>\n<aside class=\"readmore\">\n<div class=\"readmore-item\"><a href=\"https:\/\/www.railfreight.com\/railfreight\/2026\/06\/30\/spanish-rail-freight-again-falls-to-pandemic-lows\/\"><img decoding=\"async\" src=\"https:\/\/www.railfreight.com\/wp-content\/uploads\/2026\/06\/shutterstock_2389039617-128x128.jpg\" alt=\"\" class=\"readmore-thumbnail\" \/><\/a><\/p>\n<div class=\"readmore-info\"><a href=\"https:\/\/www.railfreight.com\/railfreight\/2026\/06\/30\/spanish-rail-freight-again-falls-to-pandemic-lows\/\" class=\"readmore-title\">Spanish rail freight again falls to pandemic lows<\/a><\/div>\n<\/div>\n<\/aside>\n<\/div>\n<p>Whereas the industry as a whole grew, this is not true for all companies within the industry. Renfe Mercanc\u00edas, Spain\u2019s state-owned rail freight operator, performed badly in particular. The company, which is outsourcing its main freight activities to a <a href=\"https:\/\/www.railfreight.com\/business\/2024\/12\/24\/msc-and-renfe-sign-preliminary-agreement-on-joint-rail-venture\/\"  rel=\"noopener\">joint venture<\/a> with Medway, lost 20.3% of its volume and 12.6% of its tonne-kilometre performance. This amounts to 8.28 million tonnes and 3,41 billion tonne-kilometres respectively.<\/p>\n<h2>Private operators did much better<\/h2>\n<p>By contrast, the private operators performed better and claimed a bigger market share. Collectively, they already overtook Renfe Mercanc\u00edas\u2019 market share in 2023.<\/p>\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/29876431\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/public.flourish.studio\/visualisation\/29876431\/thumbnail\" width=\"100%\" alt=\"chart visualization\" \/><\/noscript><\/div>\n<p>One operator stands out among the rest, owing to its fast growth: Medway. The MSC subsidiary expands much faster than its fellow private operators at +60.5% in terms of tonne-kilometres and +50.2% in volume.<\/p>\n<p>By comparison, Captrain, Continental and Transervi achieved tonne-kilometre growth rates of between 2.6% and 4.1%. In terms of tonnage, Captrain and Transervi grew by 24.8% and 29.6%. Continental grew by 1.8%.<\/p>\n<div style=\"border: 2px solid #0a4e7f; padding: 15px 20px 20px 20px; border-radius: 10px; background-color: #e7f1f8; margin: 20px 0;\">\n<h2 style=\"font-weight: bold; text-align: center; margin-bottom: 12px;\">Activity of rail freight companies in Spain<\/h2>\n<div style=\"width: 100%; overflow-x: auto;\">\n<table style=\"width: 100%; min-width: 650px; border-collapse: collapse; background-color: #ffffff; font-size: 14px; line-height: 1.25;\">\n<thead>\n<tr>\n<th style=\"background-color: #ffffff; border: 1px solid #0a4e7f; padding: 9px 8px; text-align: left; vertical-align: middle;\">Company<\/th>\n<th style=\"background-color: #ffffff; border: 1px solid #0a4e7f; padding: 9px 8px; text-align: center; vertical-align: middle;\">Net tonne-kilometres<\/th>\n<th style=\"background-color: #ffffff; border: 1px solid #0a4e7f; padding: 9px 8px; text-align: center; vertical-align: middle;\">Annual change<\/th>\n<th style=\"background-color: #ffffff; border: 1px solid #0a4e7f; padding: 9px 8px; text-align: center; vertical-align: middle;\">Net tonnes<\/th>\n<th style=\"background-color: #ffffff; border: 1px solid #0a4e7f; padding: 9px 8px; text-align: center; vertical-align: middle;\">Annual change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; font-weight: bold;\">Renfe Mercanc\u00edas<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right; font-weight: bold;\">3,409.8<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right; font-weight: bold;\">-12.6%<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right; font-weight: bold;\">8.280<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right; font-weight: bold;\">-20.3%<\/td>\n<\/tr>\n<tr>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; font-weight: bold;\">Alternative operators total<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right; font-weight: bold;\">6,412.4<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right; font-weight: bold;\">+20.9%<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right; font-weight: bold;\">13.308<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right; font-weight: bold;\">+24.9%<\/td>\n<\/tr>\n<tr>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px;\">Captrain<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right;\">2,041.7<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right;\">+4.1%<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right;\">4.856<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right;\">+24.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px;\">Continental<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right;\">1,312.9<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right;\">+2.6%<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right;\">2.104<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right;\">+1.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px;\">Medway<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right;\">1,254.2<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right;\">+60.5%<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right;\">2.862<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right;\">+50.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px;\">Transervi<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right;\">497.6<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right;\">+4.1%<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right;\">1.012<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right;\">+29.6%<\/td>\n<\/tr>\n<tr>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px;\">Other operators<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right;\">1,306.0<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right;\">+62.3%<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right;\">2.474<\/td>\n<td style=\"background-color: #ffffff; border: 1px solid #cccccc; padding: 8px; text-align: right;\">+23.1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<p>Medway\u2019s growth figures are attributable to its <a href=\"https:\/\/www.railfreight.com\/business\/2026\/01\/29\/medways-valencia-madrid-rail-highway-officially-extended-to-portugal\/\"  rel=\"noopener\">involvement<\/a> in intermodal transport. That is perhaps unsurprising, given that Spain is relatively big on intermodal rail. Over half of all rail freight is intermodal (53% in volume, 58.8% in tonne-kilometres). The European average is 33%, according to combined transport association UIRR\u2019s 2024 report.<\/p>\n<p>The MSC subsidiary grew 70.6% year-on-year in the intermodal segment, for a total of two million tonnes and slightly over a billion tonne-kilometres. In the \u201cfull wagon\u201d segment, the operator grew by 25.5% to 0.87 million tonnes and 221 million tonne-kilometres.<\/p>\n<p>In intermodal, five operators account for 81% of total net tonne-kilometres: Continental (22%), Renfe Mercanc\u00edas (21%), Medway (18%), Captrain (15%) and Transervi (5%). Smaller operators, those with market shares of less than 5%, have seen strong growth of 57.4% in intermodal transport, rising from 710 million to 1.12 billion tonne-kilometres.<\/p>\n<p>The private operators do relatively well here, which CNMC explains by the standardised nature of intermodal wagons. This makes it easier for new companies to enter into the market.<\/p>\n<h2>The cost picture<\/h2>\n<p>Lastly, CNMC <a href=\"https:\/\/www.cnmc.es\/sites\/default\/files\/6703004.pdf\"  rel=\"noopener\">revealed<\/a> that the costs of rail freight operations in Spain had grown by 3.3% for a total of \u20ac335.28 million. In 2021, this figure was still \u20ac274.38 million. Costs for rolling stock and track access charges grew in particular, at +22.9% and +25.5% respectively.<\/p>\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/29876836\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/public.flourish.studio\/visualisation\/29876836\/thumbnail\" width=\"100%\" alt=\"chart visualization\" \/><\/noscript><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Spanish National Commission for Markets and Competition (CNMC) has published the national rail freight statistics for 2025. The most noteworthy development is a return\u2026<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[6151,72,7547,11313,471,78,47,1024],"tags":[12634],"class_list":["post-498055","post","type-post","status-publish","format-standard","hentry","category-annual-report","category-business","category-cnmc","category-in-depth","category-news","category-rail-freight","category-rail-news","category-spain","tag-railfreight"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 5.0.0.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"The Spanish National Commission for Markets and Competition (CNMC) has published the national rail freight statistics for 2025. 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