A trailer apparatus has a hitch bar, a first frame member coupled to the hitch bar by a compound pivot, and to a second frame member, allowing the second frame member to rotate vertically about the first frame member, a wheel mounted on a horizontal axis to one side of the first frame member, an elongated connecting link member coupled to the first frame member at a and to the second frame member at a position along the length of the second frame member, a first cargo-supporting element mounted to the same side of the first frame member as the wheel is mounted and a second cargo-supporting element mounted to the second frame member on the same side as the wheel is mounted, wherein the trailer may be configured into three positions, one for loading, one for hauling, and a third with the apparatus stowed for transport.