A locking device for a covering member to provide sealing in storage, cargo, and other personal applications is disclosed. The locking device comprises a pipe member having predetermined length is configured to have a transverse opening. The covering member is slidably attached to a bead insert positioned inside the pipe member via the transverse opening, wherein the covering member is configured to securely wrap the contents of a storage space. The locking device is configured to enable a climate controlled environment for the wrapped contents of the storage space. A locking assembly and method of using the same is also disclosed.