It's a travel pass that allows a small number of soldiers to travel on the train. You can see on the front that it would permit a number of officers to travel in 2nd class while also allowing a number of soldiers to travel in 3rd class. The diagonal stripe indicates that the travel would be undertaken at the Wehrmacht's expense.
There is actually a very good book that covers German military travel documents. It is called German Military Travel Papers of the Second World War by Matt DiPalma.
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