The integration of technology into the logistics business will increase efficiency and lower costs, said Christine Holgate, chief executive of Team Global Express, an Australian logistics and transportation company.
Last month, the company announced a strategic partnership with Shenzhen-based SF Express, to enhance bilateral trade between Australia and China, with a focus on leveraging China's booming e-commerce industry.
"Technology can actually provide you with an opportunity to grow. So if you think about Australia, again, just a huge size and landmass of the country, if with technology, we could lower the cost of deliveries to far regional places. Through the use of technology, you'd see a whole boom in the amount of deliveries going there. As I said earlier, really, only 5 percent of e-commerce is originating out of regional Australia. Now that 28 percent of the population happened to be a very wealthy 28 percent, on average. There's a huge opportunity. But today that's restricted and I think the more that AI will make us more efficient and lower cost. So I personally think it's a very exciting time," Holgate said in a recent interview with China Global Television Network (CGTN).
Holgate said China is playing a leading role in the development of e-commerce and logistics.
"From my perspective, it's extremely healthy. And all I've seen coming up here is just very much a welcoming of organizations and a real desire to actually do shared learnings and collaborate. I think sometimes when you work in a very developed country, people can fall into 'we know everything about a subject matter'. The thing for e-commerce and for logistics, it's China that's leading the world. We need to come here and learn," she said.
Technology to increase logistics efficiency, lower costs: Australian logistics CEO
