Heritage Global Patents & Trademarks has been retained to sell Arnco Group LLC Patent # US 7,404,466 “Locking Pin Locator”
Bid Submission Deadline: November 15, 2018
This patent contains the technology underlying the Arnco Group LLC “Tandem Locking Pin Locator” product which is currently being sold at Truck Stops and Online.
The patent describes the Locking Pin Locator as follows:
This invention relates to a portable locking pin locator device for use by the driver of a semi truck for locating the trailer of the truck in the proper position over the tandem axle under the trailer to achieve the correct and legal weight and balance relative to the different wheel locations of the truck.
Semi trucks consist of a tractor and trailer. For legal and safety concerns the loads carried in the trailers must meet state and federal weight requirements. This can be accomplished most often by postioning the trailer over the tandems in the rear of the trailer. Weight limitations apply to the steers, the drives and the tandems. Movement of the trailer over the tandems affect the weight at all three locations the steers, the drives and the tandems. The trailer is constructed to slide back and forth over the tandems until the proper position is achieved and then locked into that position.
Patent US 7,404,466 and the Tandem Locking Pin Locator product designed from that patent removes the repeated trial and error guesswork often required to achieve that proper positioning, by lining it up properly the first time.
Potential Buyers of this patent would include:
- Trailer Manufacturers
- Truck (Big Rig) Manufacturers
- Trucking Fleet Companies
- Trucking Associations (National and State Associations)
- Truck Stop Owners
- Truck Driver Schools
- Trucking Equipment / Distributors / Retailers
- Branding Companies
- Individual Entrepreneurs
Included in the sale will be 6 of the Generation I Locking Pin Locator Product, and 6 of the Generation II Locking Pin Locator Product.
The successful high bidder will have the option to purchase the Manufacturing Molds for a fixed price of $10,000.
The Locking Pin Locator reduces the number of times a driver must get in and out of the truck to properly position the trailer. This greatly reduces the potential for driver slip and fall injuries, resulting in higher driver availability and productivity. More drivers are injured every year from stationary vehicles than by any other single cause. Click Here to view excerpts from studies demonstrating this