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Chain binders are essential load securing equipment in the flatbed industry and can also be used in other applications such as rail cars or cargo holding in the marine industry. Also called load binders or truck binders Peerless chain binders are used to tighten transport chain with a safe and efficient ratcheting action. Peerless binders store very little energy in the handle reducing the risk of recoiling and snap-backs for the operator. The Peerless QuikBinder Plus Ratchet Loadbinder combines many different safety and convenience features making this a strong efficient and reliable ratchet binder. This load binder accommodates either Grade 70 transport chain or Grade 80 alloy chain tie-downs and is proof-tested and heat-treated for durability. It offers higher working load limits than standard ratchet binders and is easy to use safe to use and tamper-resistant. A load can be secured in half the time thanks to the 3-position pawl with a choice of ratchet extension ratchet-take up and a free spin setting for quick adjusting in either direction. The folding handle allows for safer and more convenient use staying out of the way after the load is secure or for storage. The QuikBinder Plus from Peerless satisfies CVSA and DOT requirements.