Abstract: A vehicle trailer is provided with a cargo bed which may be placed in an elevated condition for traveling, or lowered to a surface beneath the trailer for loading. A preferred means of controlling the position of the cargo bed is through cables connected both to a hinged portion of a tongue shaft at the forward end of the trailer, and to hinged wheel support arms mounted towards the rearward portion of the trailer. By taking-up cable, the cargo platform is elevated. Letting out cable lowers the cargo platform. During these transitions, both the tongue shaft and wheel support arms rotate either towards or away from alignment with the frame.