Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Exclusive-Investigators find broken joint on track at Spanish rail crash site, source says
    Finance
    Exclusive-Investigators find broken joint on track at Spanish rail crash site, source says

    Published by Global Banking and Finance Review

    Posted on January 19, 2026

    3 min read

    Last updated: January 19, 2026

    Exclusive-Investigators find broken joint on track at Spanish rail crash site, source says - Finance news and analysis from Global Banking & Finance Review
    Tags:Transportation Sectorfinancial servicesrisk managementinsuranceinvestment

    Quick Summary

    A faulty rail joint is identified as a key factor in the Spanish train crash near Adamuz, killing 39. Investigations continue into the tragic derailment.

    Table of Contents

    • Investigation Findings on Spanish Train Derailment
    • Details of the Rail Joint Failure
    • Response from Officials and Rail Operators
    • Background on the Iryo Train

    Investigators Discover Faulty Rail Joint at Spanish Train Crash Site

    Investigation Findings on Spanish Train Derailment

    ADAMUZ, Spain, Jan 19 (Reuters) - Experts probing the cause of Sunday's derailment of a high-speed train in Spain, which killed at least 39 people, found a broken joint on the rails, according to a source briefed on initial investigations into the disaster.

    The derailed carriages smashed into an oncoming train, pushing it off the tracks and down an embankment in one of the worst train disasters in Europe in modern times.

    The accident happened near Adamuz in the southern province of Cordoba, about 360 km (220 miles) south of the capital Madrid.

    Details of the Rail Joint Failure

    Technicians on site analysing the rails identified some wear on the joint between sections of the rail, known as a fishplate, which they said showed the fault had been there for some time, the source said. 

    They found that the faulty joint created a gap between the rail sections that widened as trains continued to travel on the track.

    The source, who declined to be identified due to the sensitivity of the issue, said the technicians believe the faulty joint is key to identifying the precise cause of the accident.

    Spain's Commission of Investigation of Rail Accidents (CIAF), which has been tasked with the overall investigation into the causes of the disaster, did not immediately respond to requests for comment.

    The Spanish rail operator, Adif, the Spanish transport ministry - which oversees the CIAF - also did not respond to requests for comment. 

    Álvaro Fernandez Heredia, president of Renfe, which operates the second train to derail, told the Cadena Ser radio station it was too early to talk about the cause. However, the accident happened in "strange conditions", he said, adding that "human error is practically ruled out."

    INITIAL FINDINGS FROM THE INSPECTION 

    Response from Officials and Rail Operators

    The first carriages of the train operated by Spanish firm Iryo drove over the gap in the rails, but the eighth, and last, carriage derailed, bringing with it the seventh and sixth carriages, the person said.

    Iryo is a private rail operator, majority-owned by Italian state-controlled railway group Ferrovie dello Stato. 

    The source pointed to a photograph showing the gap in the vertical rail, which also featured in a handout picture shared with media by Spain's Guardia Civil. The area has been marked by police incident numbers as it is photographed by forensic inspectors. 

    Spanish Prime Minister Pedro Sanchez and Transport Minister Oscar Puente were among officials who visited the crash scene on Monday morning. Sanchez cancelled his trip to the World Economic Forum in Davos, Switzerland after the accident.

    Background on the Iryo Train

    Puente said that the Iryo train was less than four years old and that the railway track had been completely renovated last May. 

    The train manufacturer, Hitachi Rail, carried out an inspection of the train on January 15 as part of routine maintenance and found no anomalies, the source told Reuters.

    The train is a Frecciarossa 1000, the same model used on Italy's high-speed network.

    (Reporting by Reuters; Editing by Josephine Mason in London and Jon Boyle)

    Key Takeaways

    • •A broken rail joint was found at the crash site.
    • •The derailment killed at least 39 people.
    • •The accident occurred near Adamuz, Cordoba.
    • •The faulty joint may have been present for some time.
    • •Spanish officials are investigating the cause.

    Frequently Asked Questions about Exclusive-Investigators find broken joint on track at Spanish rail crash site, source says

    1What is a derailment?

    A derailment occurs when a train leaves its tracks, which can be caused by track failure, mechanical issues, or human error.

    2What is the role of the Commission of Investigation of Rail Accidents (CIAF)?

    The CIAF is responsible for investigating rail accidents in Spain to determine causes and prevent future incidents.

    3What is the significance of wear on rail joints?

    Wear on rail joints can indicate potential failure points, which may lead to accidents if not addressed through maintenance.

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Finance

    Explore more articles in the Finance category

    Italy's Treasury backs new term for Monte dei Paschi CEO Lovaglio, sources say
    Meta 'turning a blind eye' to illegal gambling ads, UK Gambling Commission says
    Denmark, Greenland suggest Arctic NATO mission, Danish defence minister says
    Czech defence firm CSG plans Friday debut in Amsterdam IPO, sources say
    Canada could send small contingent of troops to Greenland, says source
    Italian fashion great Valentino dead at 93
    LVMH sells greater China retail business of its DFS group to CTG
    Analysis-Trump's Europe tariff threat over Greenland revives talk of 'Sell America' trade
    IMF cuts Russia's 2026 growth forecast by 0.2 percentage points to 0.8%
    Russia gleeful at Trump-Europe split over Greenland, but also has concerns
    Armani debuts first menswear line without founder as Milan Fashion Week ends
    Italy's Hera to buy Sostelia from Xenon to boost water treatment operations
    View All Finance Posts
    Previous Finance PostThe exchange of messages between Norway's prime minister and President Trump
    Next Finance PostTop IKEA retailer says price consistency key as shoppers seek stability