Abstract: A vehicle rack for ladders or other elongated cargo includes a carrying surface and a structure which permits the carrying surface to be adjusted between two fixed positions, both of which can be used for transporting ladders or other elongated cargo. The rack consists of a pair of frames, and each frame includes assemblies generally formed from elongated members. The frame's post assembly has a foot portion which can be releasably secured to the vehicle and an upper portion to which an arm assembly is rotatably connected at one of the arm assembly ends, thereby forming an inverted L-shape. A brace has one end connected to a mid-point of the post assembly and another end connected to a mid-point in the arm assembly. The brace can be attached to one or the other of two attachment areas to position the arm assembly in either of the two fixed positions.