Skip to Content
Streetsblog Los Angeles home
Streetsblog Los Angeles home
Log In
Out of Town

French Trains Turn $1.75B Profit, Leave American Rail in the Dust

9:09 AM PDT on July 16, 2008

7_16_08_france.jpg

The Guardian reports that SNCF, France's national rail company, is taking advantage of a boom in ridership to make aggressive plans for expansion. While SNCF positions itself to help ease the impact of high fuel prices on
the French public, what are American leaders preparing to do? Drilling
offshore and taking a few hits from the strategic petroleum reserve
aren't going to cut it.

Over in France, all the new riders have SNCF chairman Guillaume Pepy thinking big:

The state-owned SNCF delivered a net €1.1bn (£875m) profit last year and first-half figures, due next week, are said to be sparkling. Pepy envisages up to 80m extra passenger trips this year or an increase of around 8%.

"This change will speed up because we are facing a twin energy and environment crisis," he says, pointing to surging fuel costs and growing personal worries about carbon footprints. "People want sustainable mobility and, in France, more trains and more SNCF."

The growing number of passengers is maxing out the current system, which Pepy sees as an opportunity, especially in a time of escalating fuel prices. He wants to double the size of SNCF's high-speed network by 2015, make rail stations into multi-modal hubs, and capture market share from energy-intensive air and road travel.

The new SNCF chairman sees rail stations, mainly in the regions, becoming new transport (and commercial) hubs not just for trains but for buses and trams -- "all those places where people don't want to bring their cars."

SNCF executives believe rail can take market leadership from air and road on journeys up to four hours long and point to the success of Eurostar (part owned by the group) in increasing traffic so far this year by around a fifth on the back of shorter journey times between London and Brussels/Paris. You can even get to Marseille from Paris in little more than three hours.

Contrast to the attitude among many politicians and opinion leaders here in the U.S. -- typified by this Wall Street Journal op-ed -- which views public management of rail systems skeptically, to put it mildly. Congress may be taking a long-overdue step toward investing more in Amtrak, but that is triage compared to the direction SNCF is heading in, as high-speed train service in Europe widens its already considerable performance lead over American intercity rail.

Photo of high-speed trains at the Gare de Lyon in Paris: Feuillu/Flickr

Stay in touch

Sign up for our free newsletter

More from Streetsblog Los Angeles

Supervisor Hahn Calls for No Residential Demolitions in Metro’s 710 Freeway Corridor Project

"[For 710 Freeway expansion] Metro needs to commit itself to zero residential property takes. [Metro] should have as one its top priorities ensuring that our projects do not result in kicking people out of their homes."

February 29, 2024

Where Does Alhambra Stand in the BRT Plan for the 60 Freeway Corridor?

The city is not quite in the 60 Freeway corridor; but there is a strong case and appetite for Bus Rapid Transit there

February 28, 2024

SGV Connect 122: Glendora

The podcast continues a tour through the San Gabriel Valley with an episode focused on the city of Glendora, known as the Heart of the Foothills.

February 27, 2024
See all posts