New model helps reduce cost of flooding on railways
Friday, June 27, 2014 - 06:30
in Mathematics & Economics
Flooding is a major contributor to rail delays with huge cost implications. 2012/13 was the second wettest year in the UK national record and resulted in significant disruption to rail services and infrastructure. Some £136 million in compensation was paid to train operators in consideration of unplanned delays and cancellations in that year.