Abstract: A collapsible container for transporting or storing general cargo, preferably has a pair of opposing side walls connected by hinge means to a rectangular base. Front and rear walls of similar configuration are removably joined to the base. A cover panel, removably joined to the side, front, and rear walls defines a closed container of predetermined volume. To permit the container to be reduced in volume, each side wall has a central hinge defining an upper and a lower panel adapted to be folded upon themselves and toward the interior of the container into a collapsed condition. Additionally, the front and rear walls are shaped and dimensioned to be horizontally positioned, one above the other, atop said side walls when collapsed and the cover panel horizontally positioned thereabove.