A fatigue analysis considering dynamic effects yields a more accurate fatigue life prediction than static fatigue analysis because it considers effects of inertia, flexibility and resonance that occur in the structure up to its natural frequency. However, the dynamic fatigue analysis of bogie frames of the rolling stock is not yet taken into account in the norm EN 13749. Therefore, in order to assure the safety of the rolling stocks, it is important to examine the fatigue analysis of that considering dynamic effects under applied load histories. Moreover, since the bogie frame consists of various welded joints, it is necessary to evaluate fatigue life of that considering welding properties as well as dynamic effects. In this study, under load histories converted from measured acceleration histories, static and dynamic fatigue analysis of the welded bogie frame are performed respectively.