Skip to Content
Streetsblog New York City home
Streetsblog New York City home
Log In
Out of Town

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

199392214_0a0d2ccce9.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 New York City

Anatomy of a Manhunt: How NYPD Quickly Caught a Hit-and-Run Killer on the Lower East Side

Cops used laser-fast technology, old-style gumshoe detective work and a little help from the hapless suspect to make an arrest in last week's hit-and-run.

December 22, 2025

Adams Once Again Delays Pared-Down Protected Bike Lanes In Prospect-Lefferts Gardens

The delay caps the ignominious end of Mayor Adams's reign over the city's Department of Transportation.

December 22, 2025

Streetsies 2025: Advocate(s) of the Year

Little changes on New York City's streets without fighting for it — but who did it best? Please vote for this year's honoree.

December 22, 2025

Monday’s Headlines: Turn-SPIKED! Edition

Gov. Phil Murphy put the kibosh on plans to widen the New Jersey Turnpike east of the Newark Bay Bridge. Plus more news.

December 22, 2025

Cough, Cough: Adams Administration Hands Largest Ever Idling Law Exemption to NJ Charter Bus Company

Academy Bus Lines requested the exemption — the largest in DEP's history — after receiving more than $500,000 in idling violations. But there is some good news.

December 19, 2025

Hochul Vetoes Bill Mandating Two Operators on Most Subway Trains

The veto from Hochul came over the concerns of organized labor who saw the legislation as a way to make subway travel safer.

December 19, 2025
See all posts