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Demand forecasts no longer fit for purpose – rail industry

01 September 2017
Passenger growth is slowing, says the RSSB
Passenger growth is slowing, says the RSSB

 

The rail industry is exploring how to improve passenger demand forecasting amid signs  that the rate of growth is slowing. 

The Rail Safety and Standards Board (RSSB) is leading an initiative to develop more sophisticated forecasting tools, taking account of a wider range of demand influences, and segmenting the population into different markets. 

The RSSB says there are “early signs” that the patronage and fare revenue growth trend seen in the last 20 years is...

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