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Text Content

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RULES

1. ABOUT LEGEND LOGISTICS NETWORK (“LLN”)

1.1. LLN was founded on March 2020. It is at its very core, a Network that seeks
to connect freight forwarders from across the globe.

1.2. LLN serves to promote network development in the freight forwarding
industry by inviting freight forwarders to be LLN representatives in their own
respective countries. LLN welcomes both newly established as well as
long-established businesses in freight-forwarding from all around the world.

1.3. Since its inception in March 2020, LLN has evolved from being a regional
platform to an international platform in the freight forwarding industry,
covering five (5) continents through its continuous recruitment of Members.

1.4. LLN’s motto is “Every dollar you save is a dollar you make!” and it looks
forward to welcoming new members who share similar commercial objectives.

1.5. LLN will not be responsible for any losses caused and/or suffered by its
Members as a result of their own acts in relation to each other, save for
reviewing and considering claims by Members against the non-payment of direct
freight-forwarding costs by other Members, subject to the Terms and Conditions
listed out in Rule 12 – “The Trust Fund” below.)

1.6. Further to Rule 1.5 above, it is material to note that LLN is not a
provider of insurance services and consequently, it will not be responsible for
any losses suffered by its Members as a result of any acts done by third
parties, nor will it be responsible for any losses caused to third parties as a
result of any acts done by its Members.

2. FREE TRIAL MEMBERSHIP

2.1. Free trial membership for the duration of 1 year is available for all
freight forwarding companies who are keen to find out more about being part of
LLN.

2.2. Membership Fees and Trust Fund Fees (see Rule 11 – “Membership and Trust
Fund Fees” and Rule 12 – “The Trust Fund” below) will not be collected from such
freight forwarding companies throughout the duration of their Free Trial
Membership with LLN.
2.3. As no Membership Fees nor Trust Fund Fees will be collected from such
freight forwarding companies for the duration of their Free Trial Membership
with LLN, such freight-forwarding companies will not be eligible to utilize the
Trust Fund.

2.4. Upon the expiry of the Free Trial Membership (i.e. at the end of 1 year),
such freight forwarding companies who wish to be part of LLN will be asked to
furnish the annual Membership Fees and Trust Fund Fees for the following year.

2.5. Thereafter, upon furnishing such Membership Fees and Trust Fund Fees, such
freight forwarding companies will become full-fledged Members of LLN’s network
and shall be eligible to utilize the Trust Fund (this is subject to Terms and
Conditions as set out in Rule 12 – “The Trust Fund” below).

3. CORE VALUES, VISION AND PURPOSE

3.1. LLN and its Members shall strive to develop, foster and broaden regional
and international contacts for the betterment of the freight forwarding industry
within LLN.

3.2. LLN and its Members shall aim to establish a strong, cooperative spirit
between its Members.

3.3. LLN and its Members shall work towards the promotion of corporate social
responsibility between Members as Members play a vital role in complying with
the laws, rules and regulations, protocols, standards and the like, of the
freight forwarding industry. For instance, Members are to act in accordance with
the Singapore Logistics Associations (“SLA”) Standard Trading Conditions at all
times and/or any other rules or regulations similar to SLA or otherwise that
apply to the Member given the particular country the Member is from.

3.4. LLN and its Members shall cooperate and assist in the recruitment of new
members within the freight forwarding industry.

3.5. LLN and its Members shall envision building closer ties and deeper
relationships between Members, which is in line with placing every Member’s
interests and welfare at heart.

3.6. LLN and its Members shall strive to provide business opportunities to each
other, if any.

3.7. LLN and its Members shall seek to ensure that Members provide, as well as
are provided with, good service in respect of freight-forwarding services. This
shall be the norm that Members shall strive towards.

3.8. LLN and its Members shall seek to protect and boost the reputation of LLN
and its Members.

3.9. LLN and its Members shall seek to improve their service standards while
doing business with one another.

4. EXECUTION OF THE CORE VALUES, PURPOSE AND VISION OF LLN

4.1. LLN shall conduct itself in line with its core values, purpose and vision
at all times and in addition, organize an annual conference to offer and provide
an avenue for Members to promote their services.

5. THE ANNUAL CONFERENCE

5.1. LLN shall organize an annual conference (hereinafter known as the “Annual
Conference”) to offer and provide an avenue for Members to promote their
services

5.2. The Annual Conference is an important aspect of experiencing the best of
what LLN provides.

5.3. The Annual Conference provides an avenue of convenience and opportunity for
Members to meet one another to improve, magnify and better understand the scope
of services that the other Members provide in the freight forwarding industry.

5.4. The Annual Conference serves as a one-stop access to all LLN Members to
discuss potential business opportunities. It is also a cost-effective way of
promoting and seeking businesses to and/or from one another. Members may also
make a presentation on specific topics for the interest of LLN Members.

5.5. LLN strongly encourages each and every Member to attend the Annual
Conference each year.

5.6. Members may also elect to send a representative or representatives (which
may be registered by proxy or proxies) of their company or companies to attend
the Annual Conference.

6. THE BENEFITS AND PRIVILEGES OF BEING A MEMBER OF LEGEND LOGISTICS NETWORK

6.1. Opportunities for Members can be found within the LLN network itself, in
light of a wide-ranging web of services that other Members provide.

6.2. Members will be part of an international freight forwarding network that
provides business opportunities through an integrated network and a more
personal touch at the Annual Conference.

6.3. Members will have easy access to the contact details of other Members by
logging into LLN’s website at www.legendlogisticsnetwork.com.

6.4. An intranet and/or password enabled platform where Members may share their
views, opinions, suggestions and feedback as well as seek answers to their
queries from other Members is available exclusively for LLN members.

6.5. A Trust Fund for Members to utilize in the event of non-payment of the cost
of freight forwarding transactions between Members is available, which aims to
provide Members financial security and peace of mind (do note that this is
subject to the Terms and Conditions as set out in Rule 11 – “Membership Fees and
Trust Fund Fees” and Rule 12 – “The Trust Fund” below).

6.6. Registered members can also participate in our WhatsApp group through their
mobile phone. WhatsApp platform is for all members to communicate with market
information sales enquiries and quotation. It is an entry towards friendship
bonding besides business development.

7. ADMISSION AS A MEMBER

7.1. LLN welcomes everyone. Members who already have membership(s) with other
networks still qualify to be members of LLN.

7.2. Recruitment of Members in LLN is restricted to 5 to 6 members per country.
An exception of 15 to 16 members per country applies to bigger countries like
China, India and the United States of America.

7.3. The number of members recruited by LLN from each country remains at the
sole discretion of LLN and is subject to change.

7.4. The application form (hereinafter referred to as the “Application Form” –
see Annex 1) and the acknowledgment form (hereinafter referred to as the
“Acknowledgment Form” – see Annex 2) shall be read, understood and completed by
potential members. Members shall be provided with a copy of these Rules and the
Code of Business Ethics and Conduct (hereinafter referred to as the “Code”) of
LLN.

7.5. Members are encouraged to list down the certifications and/or licenses that
they hold so as to promote their accreditations and expertise within LLN and to
its Members.

7.6. Potential Members shall make all the relevant payments necessary before
they are admitted as Members of LLN (see “Rule 11 – The Membership Fees and
Trust Fund Fees”).

7.7. Upon successful receipt of the Application Form, the Acknowledgment Form
and the relevant payments, Members will be bound by these Rules and the Code.

8. OBLIGATIONS OF MEMBERS

8.1. Members shall obey and abide by the Code and these Rules.

8.2. Members shall pay their Membership Fees and Trust Fund Fees promptly each
year without delay when their annual renewal fees are due.

8.3. All members are encouraged to attend the Annual Conference.

8.4. Members shall treat all other Members with respect and dignity.

8.5. Members shall assist other Members with any queries they may have, even if
no business transaction takes place.

8.6. Members shall update LLN of any changes in their contact details if there
are any changes so that the Register is updated and current.

8.7. Members shall not organize and/or howsoever get involved with other Members
of LLN with respect to and/or howsoever in connection with any dispute,
discussions, gatherings which the Council of LLN and Members of LLN find to be
prejudicial or to the detriment of LLN.

9. THE MANAGEMENT AND STRUCTURE OF LEGEND LOGISTICS NETWORK

9.1. A flowchart of the Management of LLN is attached herewith at Annex 3.

9.2. The Management shall comprise of the Council (hereinafter referred to as
the “Council”).

9.3. The Council

9.3.1. The Council shall have the authority to exercise all powers in LLN. The
Council shall be responsible for the overall control, direction, administration,
operation and supervision of Legend Logistics Network.

9.3.2. The Council shall comprise at least 3 members, namely the President and
two (2) Vice-Presidents.

9.3.3. The 1st Vice-President shall be the one in power and shall execute the
responsibilities of the President in the event that the President is unable to
do so for any reason.

9.3.4. The Council shall work in the best interest of LLN and its Members within
its financial means (see Rule 10 – “The Financial Means of Legend Logistics
Network” below).

9.3.5. The Council shall be at liberty to refuse potential members’ applications
without any explanation.

10. THE FINANCIAL MEANS OF LEGEND LOGISTICS NETWORK

10.1. LLN’s financial viability will be primarily funded by the Membership Fees
collected from all its Members annually (hereinafter referred to as the
“Membership Fees”).

10.2. The Trust Fund does not form any part of LLN’s financial viability and is
treated separately.

11. MEMBERSHIP FEES AND TRUST FUND FEES

11.1. A reminder to make payment of the Membership Fees and Trust Fund Fees
shall be sent by LLN annually. Members are advised to make prompt payment of the
aforesaid fees when these fees are due.

11.2. The Annual Membership Fees and Trust Fund Fees are subject to change at
any time at LLN’s sole discretion. Members will be given at least 1 month’
notice of these changes prior to the following annual cycle.

12. THE TRUST FUND

12.1. LLN has a financial security plan in place which guarantees Members
payment for direct freight forwarding costs between Members (hereinafter
referred to as the “Trust Fund”).

12.2. For the avoidance of any doubt and for the sake of certainty, LLN is not a
provider of insurance services for Members or otherwise. No goods or services
provided by Members, between Members and/or with third parties are covered under
this Trust Fund. This Trust Fund only covers freight forwarding charges incurred
between Members in the event the claim is approved and/or accepted by the
Council after deliberation.

12.3. The Trust Fund is set up as a reserve for the Members to utilize in the
event Members encounter non-payment of direct freight forwarding costs with
another Member. The Trust Fund serves as a form of compensation for the
aggrieved party.

12.4. The Trust Fund is for the exclusive use between LLN Members only. No
coverage is provided for transactions which involve non-members of LLN.

12.5. As LLN is at its very core a Network and not a provider of insurance
services, no coverage is provided for any losses sustained by Members other than
direct freight forwarding costs between Members.

12.6. The Trust Fund shall not be utilized and/or liable for any debts and/or
liabilities that Members of LLN incur or accrue in the course of their business
transactions with one another.

12.7. The Trust Fund shall not be available to compensate Members for any loss
of profits that Members suffer or any special, incidental or consequential
damages arising out of or in connection with or as a result of any business
transactions with one another.

12.8. The Trust Fund shall not be available for the purposes of any form of
compensation to Members from any claim or demand, which includes attorneys’ fees
or the cost of commencing legal proceedings, which Members of LLN may seek for
any reason.

12.9. Trust Fund contributions must be made by all Members, including
subsidiaries of Members who wish to be part of LLN.

12.10. The minimum sum claimable from the Trust Fund is USD 500.00. The maximum
sum claimable from the Trust Fund is USD 50,000.00. The Trust Fund has a
deductible feature, where the “deductible” is the minimum sum claimable sum
before the Member can file a claim under the Trust Fund.

12.11. Members who wish to utilize the Trust Fund must be full fee-paying
Members and are obliged to contribute to the Trust Fund annually.

12.12. The monies held under the Trust Fund for the benefit of Members are
limited to what monies are available. In the event that the monies held under
the Trust Fund are fully utilized, further claim amount can only be reimburse
after more collection of Trust fund from members.

12.13. In order to make a claim under the Trust Fund, Members must product all
relevant documents supporting the Members proposed claim. Members should also
produce a summary of events detailing out in a clear and concise manner how the
proposed claim came about.

12.14. In the event, if debtor member still can’t settle the outstanding amount,
it will be the duty of the network to file the case to FDRS for further action
like backlisting the debtor member and follow by the legal action. If through
FDRS still can’t get your money than the claimed amount will be paid from the
Trust Fund.

13. MEDIATION

13.1. In the event of a dispute involving the non-payment of freight forwarding
costs between Members, Members shall apply to LLN for mediation, during which
their dispute will be heard by the Council.

13.2. Mediation may be conducted by way of video-conferencing, correspondence
(which includes facsimile, electronic mail and letters). LLN may require parties
to provide documents for review in relation to the mediation.

13.3. The Council will act independently and their decision on the outcome of
the dispute is final.

13.4. Members are to note that the intention of LLN is to facilitate and provide
an amicable and effective resolution between Members.

13.5. The resolution of the dispute between parties shall be dealt with in
strict confidence and documents or any form of materials used during the course
of the resolution shall be treated with strict confidentiality.

13.6. Credit Terms among members varies from 30 to 45 days. If any invoice
exceeds 60 days, Members must notify LLN immediately so that LLN may follow up
with the matter on that Member’s behalf.

13.7. All claims made by Members must be filed within 90 days from the date of
the invoice.

13.8. No claims shall be accepted by LLN if the invoice is less than 60 days
old.

13.9. All pay-outs from Trust Fund for disputed cases/claims will be made known
to all members.

13.10. In the event LLN is not able to resolve the dispute amicably between
Members, the Council will use its discretion to either dispense with the
mediation and/or suggest to the parties that they find an alternative method of
resolution.

14. TERMINATION OF MEMBERSHIP

14.1. Without limiting the generality of anything in these Rules, LLN may
terminate a Member from LLN, in whole or in part with no refund of the
Membership Fee or Trust Fund Fee, immediately by notice in writing if:-

14.1.1. The Member (including any branch or subsidiary of the Member) is in
breach
of any term of these Rules and/or Code and such breach is not remedied within 30
days of notification by LLN;

14.1.2. The Member’s Membership Fees or Trust Fund contributions remain
unsettled after 3 reminders are sent to the Member;

14.1.3. The Member becomes, threatens or resolves to become or is in jeopardy of
becoming subject to any form of insolvency administration;

14.1.4. The Member, being a partnership, dissolves, threatens or resolves to
become or is in jeopardy of dissolving;

14.1.5. The Member distributes any information obtained by way of its membership
with LLN to non-members of LLN;

14.1.6. The Member ceases or threatens to cease conducting its business in a
normal manner;

14.1.7. The Member engages in any misconduct and/or conduct unbecoming and/or
conduct unbefitting of a Member of LLN, where “conduct unbecoming and/or conduct
unbefitting” means conduct that is in the view of the Council of LLN to be
contrary to the interest of other Members of LLN and LLN itself; or in the
opinion of the Council of LLN to harm the image and standing of LLN in the eyes
of other members and/or the public ; and/or

14.1.8. The Member and/or Members organize and/or howsoever get involved with
other Members of LLN with respect to and/or howsoever in connection with any
dispute, discussions, gatherings which the Council of LLN and Members of LLN
find to be prejudicial or to the detriment of LLN.

14.1.9. LLN may terminate any Member with immediate effect, without the need any
reason and/or explanation whatsoever. LLN may also terminate any Member if it is
the view of the Council of LLN to be contrary to the interest of other Members
of LLN and LLN itself; and/or in the opinion of the Council of LLN to harm the
image and standing of LLN in the eyes of other Member(s) and/or the public.

14.1.10. Any Member may terminate its membership with LLN with immediate effect,
without the need for any reason and/or explanation whatsoever with no refund of
the membership fee or trust fund.

14.2. If notice is given to the Member pursuant to sub rule 1 above, LLN may, in
addition to terminating the Agreement;

14.2.1. Retain any monies paid by the Member; and

14.2.2. Be regarded as discharged from any further obligations.

14.3. Members are prohibited from setting up a network with the same objectives
as LLN whilst being Members of LLN. LLN shall terminate members who breach this
Rule.

14.4. Any Member may terminate their membership by giving 4 Weeks’ notice
(hereinafter referred to as “Termination Notice”) to LLN in writing via letter
or electronic mail. The Termination Notice shall be signed and dated.

14.5. An acknowledgment by LLN shall be issued to the Member within 4 weeks of
LLN’s receipt of the Termination Notice. The name of the Member shall then be
removed from the Register.

14.6. Resigning Members will have to settle all outstanding Invoices owed to
existing LLN Members. Similarly, any outstanding amounts owed to Resigning
Members have to be settled by LLN Members without any delay.

14.7. Members are advised that neither the Membership Fee nor the payment
towards the Trust Fund will be refunded for the year in which termination takes
effect.

14.8. Members who voluntarily withdraw, automatically terminate their membership
or are terminated by LLN shall refrain from using LLN logo (hereinafter referred
to as the “Logo”).

15. DEBTS AND LIABILITIES OF MEMBERS OF LEGEND LOGISTICS NETWORK

15.1. LLN shall not be liable for any loss of profits that Members suffer or any
special, incidental or consequential damages arising out of or in connection
with or as a result of any business transaction with one another.

15.2. In no event shall LLN be responsible in any form of compensation to
Members from any claim or demand, which includes attorneys’ fees or the cost of
commencing legal proceedings, which Members of LLN may seek for any reason.

15.3. Members acknowledge that to the extent that LLN has made any
representations which may or may not have been otherwise expressly represented
by LLN and/or as stated in these Rules and/or the Code, Members have been
provided with an opportunity to verify the accuracy of these representations
that Members obtained and/or utilized through LLN.

16. GENERAL PROVISIONS

16.1. Notices

16.1.1. Any notice required to be given by either LLN or the Member shall be in
writing and shall be served by sending registered post or a facsimile to LLN’s
network address as stated above or to the Member’s address as registered with
LLN.

16.1.2. Any notice shall be deemed to have been served if sent through the post
within 1 week after the time of dispatch and if sent by facsimile at the time of
transmission and in proving service it shall be sufficient to prove that such
facsimile was duly dispatched to a current telecopy number of the addressee for
the said address of service.

16.2. Governing Law

16.2.1. The Code and these Rules shall be governed by the laws of the Republic
of Singapore.

16.2.2. In the event that the Code and these Rules contradict one another, these
Rules shall prevail between them.

16.2.3. These Rules and Code shall be binding on all Members of LLN who have
attested and declared their acknowledgment to abide by these Rules and Code at
all times by signing on the Application Form as well as the Acknowledgment Form
at the time of application as a Member of LLN.

16.2.4. The Rules and Code are non-exhaustive and are subject to change at
regular intervals. LLN will serve notice of any change to the Rules and/or Code
on Members via letters and/or electronic mail and/or bulletins on its website.

16.2.5. Members are advised to regularly visit LLN’s website at
www.legendlogisticsnetwork.com to keep track of any changes to the said
documents.

17. FORCE MAJEURE

17.1. Neither the Member nor LLN will be liable for any delay or failure to
perform its obligations pursuant to these Rules if such delay is due to Force
Majeure, where “force majeure” means a circumstance beyond the reasonable
control of LLN’s Management and its members which results in the Member and/or
LLN being unable to observe or perform an obligation on time under these Rules.

17.2. Such circumstances shall include but shall not be limited to:

17.2.1. Acts of God, lightning strikes, earthquakes, floods, storms, explosions,
fires and any natural disaster; and

17.2.2. Acts of war, acts of public enemies, terrorism, riots, civil commotion,
malicious damage, sabotage, revolution and Strikes.

17.3. If a delay or failure of a Member to perform its obligations is caused or
anticipated due to Force Majeure, the performance of that Party’s obligations
will be suspended.

18. AMENDMENTS

18.1. These Rules and all its contents herein may be amended at any point in
time, at LLN’s sole discretion.

18.2. All Members will be notified of such amendments and/or changes by way of
electronic mail and/or post and/or a bulletin on LLN’s website.

18.3. Any and all such amendments will take effect 30 days from the date that
the notification is sent out and/or posted on LLN’s website, whichever is
earlier.

If you have any further queries with regards to rules please feel free to drop
us as an email at info@legendlogisticsnetwork.com




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ABOUT US

Legend Logistics Network was created in Singapore, the logistics hub of South
East Asia. Legend Logistics Network (hereinafter referred to as “LLN”) is proud
to have Members as a network of highly regarded professionals from the
freight-forwarding industry

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CONTACT

526C Pasir Ris
Street 51, #11-535,
Singapore 513526
Incorporated in Singapore
C.R. No: 201133311W

+65 65422500

+65 65428549

info@legendlogisticsnetwork.com


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