A collapsible wagon includes a base and one or more upstanding walls forming a container for cargo. At least one of the upstanding walls is pivotally mounted to the base for pivoting between an unfolded position for use and a folded position for storage and transport. In some embodiments, the wagon includes a pinchless internal mechanical stop that eliminates pinch points where a user's fingers can be pinched during folding and unfolding of the walls. In some embodiments, the wagon includes a gang-operated latch system for releasably securing one of the walls to another one of the walls that is quick, easy, and reliable to use for folding and unfolding. And in some embodiments, the wagon includes a latch system that eliminates slack or play when in the unfolded use position for structural integrity.