In many acoustic emission (AE) applications, signal arrival times from an array of sensors are coupled with an appropriate velocity to calculate the source location of AE events. To date, the AE signals present in these applications are Lamb and/or Rayleigh waves. In a previous publication [1], finite element modeled (FEM) AE signals in thicker plates were dominated by trailing wave (TW) packets, when no Rayleigh wave was present. The typical character of the TW dominated signals was described as a spaced-in-time train of short-in-time wave packets. Further, it was pointed out, that when TW dominate the signals, it is not clear how arrival times for source location calculations might be obtained along with an appropriate propagation velocity. The goal of this work is to develop a source location approach for cases of dominant TWs in the AE signals in thicker plates. The FEM-signal database from the previous publication was used for this study. The database consisted of in-plane dipole sources at five different depths and four different steel plate thicknesses (50, 75, 100 and 125 mm). Bottom-surface out-of-plane displacement signals versus time for propagation distances from 250 to 1500 mm were examined. The FEM signals were frequency filtered to examine a broadband case of 80 to 500 kHz and a narrowband case of 100 to 300 kHz. To study the potential source location accuracy, a total of seven four-sensor arrays were employed. The study results describe a process to select appropriate arrival times and obtain a propagation “velocity.” This information was used to calculate source locations for the sensor arrays. The location errors were shown to be less than the plate thickness.