Abstract: A multispeed reversing transmission has a housing, an input shaft rotatable in the housing and adapted to be rotated by a drive, and an output shaft rotatable in the housing adjacent the input shaft and adapted to be connected to a load. At least one reverse gear and two different forward gears are fixed axially and rotationally on the input shaft axially spaced from one another and at least one respective reverse gear and two different respective forward gears are rotatable on the output shaft. At least one coupling member rotationally fixed but axially displaceable on the output shaft is displaceable between a reverse position operatively engaging the reversing gear of the output shaft and rotationally coupling same to the output shaft and a forward position operatively engaging at least one of the forward gears of the output shaft and rotationally coupling same to the output shaft.