Abstract: A combination portable dolly and tool box which includes a generally rectangular main body forming a storage area confined between front and rear side walls, opposing end walls, a bottom wall carried by a pair of wheels and a top wall forming both a lid and a load support surface. The top wall is configured to provide an inclined load surface which cooperated with a removably mounted vertically extending frame to allow relatively large construction panels, such as dry wall of the like to be transported in a vertically stacked on-edge relationship in a manner commonly associated with the widely known “dry wall dolly”. The vertical frame may be removed and may be stored in a releasably fixed position within the storage area of the main body which also accommodates for the storage of tools and accessory items commonly used.