Does this docking station have any lights that turn on to indicate power is on/off?

The docking station has a single light that does indicate when power is on. It is blue when energized, but also flashes a pinkish color while actively accessing the drive. I purchased this particular device because it is compatible with Linux as well as Windows machines. Windows 7 (x64) in my case.

Can this docking station perform quick file transfers?

Yes, this docking station supports USB 3.0 SuperSpeed with a maximum transfer rate of 5 Gbps, facilitating quick file transfers.

Questions & Answers: StarTech.com SATDOCKU3S Black Hard Drive Docking Station for 2.5/3.5 HDD

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StarTech.com SATDOCKU3S Plastic 2.5" & 3.5" Black SATA Hard Drive Docking Station for 2.5/3.5 HDD

Enable fast swappable access to your 2.5in or 3.5in SATA hard drives through USB 3.0
Compatible with USB 3.0 and enabled computer systems such as Acer Chromebook C720 and 2.5in or 3.5in SATA solid-state drives and hard drives
HDD Dock / SSD Dock / USB Hard Drive Dock / eSATA Hard Drive Dock / External Hard Drive Docking Staiton / SATA HDD & SSD Dock
Save time while backing up data to an external drive for archiving

$73^.99 –