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Transfesa Holds Market Share Of Up To 30% In Spain

Transfesa holds market share of up to 30% in Spain

Transfesa Holds Market Share Of Up To 30% In Spain

Valencia, Spain (PortSEurope) June 20, 2018 – With a total of 1.13 million tonnes of cargo handled in 2017, Spanish logistics operator Transfesa (Transportes Ferroviarios Especiales SA) holds a share of between 20% and 30% of the railway market in Spain, excluding state-owned company Renfe Mercancías.

According to Julián Gacimartín, director of Logistics Services and General Cargo of Transfesa being a competitor with Renfe on the Spanish market, is complicated. “Renfe is a particular case for us because it is a shareholder, supplier, competitor and client at the same time,” says Gacimartín.

The state railway company owns 20.35% of the capital of Transfesa, a shareholding that it tried to sell last year and but halted the process due to the low offers received, which were only two.

In 2017, Transfesa handled a total of 127,022 shipments by rail and 43,855 by truck. In these journeys, the company moved 443,223 cars by rail and 242,220 vehicles by road.

Transfesa is the operator of the railway transport of cars produced by Renault at its Spanish factory to the port of Valencia. The company is also active in the ports of Barcelona, Santander and Seville. It operates a warehouse at Barcelona port.

Transfesa is 70.29% owned by the German company Deutsche Bahn Ibérica Holding and 20.35% by Renfe, the state-owned Spanish rail freight and passenger operator.

Source: Diario del Puerto

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