A method of lifting a coiled tubing reel is provided that includes providing a coiled tubing reel including a pair of flanges connected by a core around which a string of coiled tubing is wrapped, and a pair of hubs with each hub connected to a corresponding one of the flanges by a plurality of spokes. The method also includes providing a spreader beam including a pair of support members, and connecting each support member to a corresponding one of the reel hubs. The method further includes lifting the coiled tubing reel by applying a lift force to the spreader beam, such that the load of the lift force is carried by the spreader beam, the reel hubs and at least one of the plurality of spokes.