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6th Annual Conference

 

 

 

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Photo on 5th AGM

 

 

     
   
 

Rules & Regulations

 
     
 
1.
The Network comprises of each member who is on the Membership List.
2.
Members have to be privately owned companies, partnerships or corporations, involved in the freight forwarding industry.
3.
Membership entitles each member to exclusive representation of the within a country, state or an assigned area in which the member is resident and conducts business. Network keeps the right to have one agent in each country except India, China and USA as area and needs are high. Network has also right to increase agent in same country if requested or when the need arises.
4.
The President & Management  have the right to re-define an area represented by an existing member if they consider that realignment to be in the best interest of the members as a whole. If the realignment affects an area where a member already exists, this member will have the option for 1 (one) month to apply for the new territory and then 3 (three) months to provide supporting documentation to the Management.
5.
Members may only represent areas where the office is wholly owned or operated by them, and not just an ‘address’ for cargo handling
6.
Members may not promote and / or interfere in to any of the business interests that already exist but will try to do their utmost to generate new traffics among each other. In case of any routing orders or nomination shipments problem the member may consider to promote and / or swap the business from their current Agent to one of our members listed instead.
7.
All members must be able to offer and provide the full range of services demanded by other members in both air and sea freight, shipping broker (unless specifically excluded at the time of joining).
8.
The Joining Procedures may be reviewed or modified at any time by the committee.
9.
The Annual Membership Fee, which covers one calendar year is payable by each member in accordance with the deadline illustrated on the invoice which is 15th January for each year.
10.
The Annual Membership Fees may be increased at any time during the year by informing at one 3 months earlier notice but not exceeding more than 10% per calendar year. Non-payment or late payment of the Annual Membership Fee will result in an immediate cancellation of the membership, at the discretion of the President & Management.
11.
A company shall cease to be a member of the if:
 
-
the member gives notice of resignation in writing to the Board, or:
 
-
the Head Office considers that the Member is not able to perform fully all the functions and operations required to satisfy other members, or
 
-
that they consider that the member has falsely claimed the services, which they are unable to perform, or that the Member does not adhere to the Rules of Membership or Code of Conduct.
12.
All new members are subject to a probationary period of 12 months in order to assess their commitment to theNetwork. The Board of Directors decision is the final.
13.
A company who has default a payment or not paid within the time given with a fellow member will be unable to trade and immediately all members stop trading with default agent and bulletin will be released and all members will be notified accordingly. In case the payment is / are less than the amount of USD 1,000 then the member could collect or postpone this / these payment up to the next 3 Months for to avoid any of the extra banking transaction fees. However the related counterpart has to be informed on this subject in written form. If payment amount is very high then the member will promptly transact the amount to the related counterpart as well.
14.
Members must be prepared to dedicate new business within one year of joining. Existing long standing relationships are acceptable on the basis that a member may not reciprocate business in those areas. These areas must be specified upon Application.
   
   
 
   
   
CODE OF CONDUCT:
   
1.

Members pledge a standard of competence to his client - to perform in a conscientious, diligent and professional manner all services undertaken on the client's behalf.

2.

will be active in sales endeavors for mutual growth. Members who are in the same country will respect other members’ existing customer bases and refrain from back selling also totally refrain from seeking competitive bids from two different members within the same market.

3.
Members pledge to hold in strict confidence, all information acquired in the course of the relationship concerning the business and the affairs of his client. No such information is to be released unless authorized by the client, or required by law.
4.
members will provide Sales Leads when possible to it fellow members  to generate new business opportunity. The other counterpart who has received the Sales Leads will follow up each subject closely and will report back the outcome of each "Sale Lead".
5.
Members are to communicate efficiently and promptly by over night with their fellow members.
6.
Members are to agree to exchange only net / net charges and rates to their fellow members.
7.
Members will be requested to quote the rates to their client(s) in full detail in a timely manner.
8.
Payments between members must not exceed 30 days from the end of the monthly statement. Failure to do so could result in expulsion. However if both parties have agreed amicably, they can stay upto 120 days. However, if any claims under Payment Guarantee Plan (PGP) it must be within 120 days of the date of invoice.
9.
All payments must be made in the currency that is marked as payable on the invoice and for every nomination members will share the profits according to prior agreement with another member.
10.
Members must accept their own bank charges.
11.
The  Management cannot be held responsible in case of commercial and / or financial obligations that are not met by (a ) member(s).
12.

All members must attend the Conference held within the first year of joining.  Failure to attend the AGM will lead to remove them from our network.

13.

Each member must attend the Annual General Meeting . One year’s grace period will be given for the new members. However, failure to attend following year  Conference will result in expulsion automatically for the new members.   Rest of them MUST participate this annual event.

14.

There will be 3 exclusive agents in each country except China, India, and USA which will have 5 exclusive agents due to the size of the country to keep fair trade among all business partners.

 
Once all above terms are accepted then please kindly complete the rule and regulation by add on your company name, undersign the rule and regulation by authorized person and add on your company stamp before send back the original undersigned document to the following address:
   
 
   
Payment Protection Plan Program
   

In this increasingly unstable world of international freight forwarding and logistics, we want to make sure that our members are paid for their efforts and that all charges due within the organization are paid off on time.

Members are requested to report UFMaG Secretariat if their invoices are not settled within 3 months. (maximum) along with the shipment documents.  The present compensation amount stands at USD 5000.00 per member per year.

Management is planning to increase this amount to 5-digit when the present membership reaches 100 companies.

The eligibility of this claim is member should have paid their annual membership fees for the current year and must completed one year with UFMaG network.
   
 
   
Payment Guarantee Plan (PGP):
   

Each member of UFMaG is guaranteed of Payment upto USD 5000.00 per annum (per member) in Freight business transactions within network members. This arrangement will ease their pre-payments request prior to the shipments. Also this will lead to speedy delivery for your clients.

   

The management of UFMaG will take responsibility where the following criteria are being met.

   
A)
Each member would be placed on a probation period of 12 months from the date of joining. They will be qualified for PGP scheme after the probation period is over.
B)
Each member must submit their claim within 120 days of the date of invoice/shipment. No claims will be entertained less than 60 days.
C)
All claim letters/e-mail msgs must be addressed to the President with supporting documents such as copy of Invoice, MBL/MAWB, HBL/HAWB
D)
When the default party accepts the accuracy of the invoice from the Claim party,  UFMaG Management will give further 10 days to pay the dues and settle down amicably.
E)
If the default amount is not settled within this stipulated time frame (10 days), UFMaG Secretariat will arrange the payment upto USD 5000.00 and terminate the default member and shall announce their expulsion to all the members through broadcast message
   
   
 
  The claims on Payment Guarantee Plan would effect to the members who have already paid the current Annual membership fees and for those who have not enlisted on our membership directory will not treat as UFMaG members.  
     
     
 

 

Mr. Jayantha Liyanagamage
President of
Universal Freight Management Group

 
     
     
     
 
 
     
 

Company name:

Undersigned Signature
(Mr./Ms. Name Surname) 
Company Stamp
Undersigned Signature

(Mr. Jayantha Liyanagamage)

President of

Universal Freight Management Group

Stamp