The industry's first logistics intelligence alliance was established to help the logistics industry increase efficiency and reduce costs with large models

According to Alibaba Cloud’s official public account, the “Logistics Intelligence Alliance” was established in Hangzhou today. This is the first alliance in the logistics industry focusing on large model application research and practice. The alliance was established to promote the application of large models in the logistics field and use AI technology to help the logistics industry improve efficiency, reduce costs and promote business innovation.

It is reported that the alliance consists of China Federation of Logistics and Purchasing, Alibaba Cloud, Cainiao, Amap, COSCO Shipping, China Eastern Logistics, and YTO Express , STO Express, ZTO Express, Deppon Express, G7 Yiliu, Ground Rail, Zhejiang University Intelligent Transportation Research Institute, etc. were jointly established at the 2024 Digital Intelligence Logistics Summit.

According to data from the State Post Bureau, the business volume of the express delivery industry has grown rapidly in the past 14 years, from 1.86 billion items in 2009 to 132.07 billion items in 2023, an expansion of 71 times. As business develops, the express delivery industry actively embraces cloud computing, AI, big data and other technologies to achieve innovation in many aspects such as intelligent warehousing management, real-time tracking of package dynamics, intelligent customer service solutions, and trunk logistics optimization. Not only does it support business growth in a timely manner, it also makes express delivery timely from weeks to days. What is even more noteworthy is that during this period, delivery costs continued to decline, and the average unit price of express delivery dropped by 2/3.

In the process of transformation and upgrading of the logistics industry, technology driven is particularly critical. An intelligent logistics system built with cloud AI as the core can process massive amounts of data in real time, accurately predict demand changes, dynamically optimize distribution routes, and accurately dispatch logistics resources, ultimately achieving the goal of comprehensively improving industry efficiency.

It is worth mentioning that Alibaba Cloud announced on February 29 that it would reduce the official website prices of cloud products across the board, with an average price reduction of more than 20% and a maximum reduction of 55%. This is the largest price reduction in Alibaba Cloud's history, involving more than 100 products and more than 500 product specifications. According to reports, currently, more than 80% of China's logistics express and freight platforms are using Alibaba Cloud's cloud services.

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