According to the “Globalization in Transition: The Future of Trade and Value Chains” report prepared by McKinsey, the “labor intensity” rate of the Logistics sector (Transportation and Storage) is 56% and the “knowledge intensity” rate is 16%. The logistics industry relies heavily on “manpower” rather than “knowledge”.
The gross output of the logistics sector (Transportation and Storage) is 7.2 trillion dollars, which is 4.5% of global gross output. If the “knowledge intensity” factor in the logistics industry can be improved, it is highly likely that the gross output of the logistics industry will increase.
The source report can be found in https://www.mckinsey.com/featured-insights/innovation-and-growth/globalization-in-transition-the-future-of-trade-and-value-chains .
