Abstract: An apparatus for loading and unloading a cable spooling reel or drum onto a support frame structure for facilitating the use of the cable in a well bore drilling, servicing, or producing operation, or the like, the apparatus including a pivotal ramp for guiding the drum onto and off of the frame structure, a pair of winches engagable with the opposite end of the spool or reel shaft for moving the drum over the ramp and onto the frame structure and for unloading the drum from the frame structure, and a traverse mechanism for facilitating the winding and unwinding of the cable with respect to the core of the cable spooling drum.