A resilient cable caddy comprising a portable housing for storing reels of cable that has a lower base with a hinged top forming an enclosure for the reel. A reel of cable is rotatably mounted within the interior. A handle formed by abutting base and top portions enables carrying. Each reel comprises a spool with a central axle coupled at each end to spaced apart end caps, being retained by mounting rings. The spindles have bearing rings journalled to bearing races defined in the end caps. Both spindles comprise hubs disposed within case gudgeons. A two-piece spindle has a removable hub portion fitted to an internal socket. When reels are transported they may be stacked vertically atop one another with the one piece spindle engaging the empty and exposed spindle hub socket of an upper reel. Caddies may also be opened and stacked vertically for transportation.