Trade Compliance

GHY discusses changes to international trade regulations and explores cutting-edge compliance strategies.

The “Logistics Internet” Explained

Posted June 02, 2014

Jeremy Rifkin is the bestselling author of nineteen books on the impact of scientific and technological changes on the economy, the workforce, society, and the environment.

In The Zero Marginal Cost Society, Rifkin describes how the emerging “Internet of Things” is speeding us to an era of nearly free goods and services, precipitating the meteoric rise of a global Collaborative Commons.

Right now our logistics system is not coordinated into a network. There are thousands of warehouses and distribution centers. But every company usually has only five or ten of these warehouses somewhere in the country. So they have to take their trains or their trucks all the way to where their handful of centers are. But what would happen if all the thousands of warehouses and distribution centers, privately owned, came together in a cooperative network?

According to Rifkin, a formidable new technology infrastructure is emerging with the potential of pushing large segments of economic life to near zero marginal cost in the years ahead. In his book, Rifkin describes how the Communication Internet is converging with a nascent Energy Internet and Logistics Internet to create a new technology platform that connects everything and everyone.

Rifkin is the President of the TIR Consulting Group LLC which advises national governments, regions, and municipalities on developing Third Industrial Revolution Master Plans. He is also the founder and chairperson of the Third Industrial Revolution Global CEO Business Round Table, composed of the world's leading renewable energy companies, construction companies, architectural firms, real estate companies, IT companies, power and utility companies, and transport and logistics companies.