Al Madani & Co. Law Firm & Legal Consultants
The Integral Role of Freight Brokers in Saudi Arabia's Logistics Sector
Freight Broker Rights and Responsibilities in Saudi Arabia
Entitlement to Fees: Brokers are to receive compensation for their services as per the contracts established with clients.
Compensation for Losses: They are eligible for reimbursement for any unforeseen damages or losses to goods, provided these are not due to their negligence or control.
Access to Privileges: Brokers may benefit from any facilitations or privileges granted by governmental bodies, such as fee reductions or streamlined customs procedures.
Confidentiality: A broker must protect the confidentiality of the information acquired during their operations and refrain from its misuse.
Professional Service Delivery: They must execute shipping services with professionalism and efficiency as stipulated in contracts.
Compliance with Law: Brokers are to abide by all laws, regulations, and directives related to shipping, customs, taxation, and financial obligations.
Secrecy and Non-exploitation: They must maintain the confidentiality of shipping-related information and documents and not exploit them for personal or illegal gain.
Adequate Insurance: Brokers should provide appropriate insurance for the goods shipped and compensate clients for any losses resulting from professional non-compliance.
Cooperation with Regulatory Bodies: They are expected to cooperate with supervisory entities and provide periodic or requested reports and statistics.