A trailer including: i) a draw bar; ii) a trailer frame supporting a trailer bed; iii) an arm including a first pivot mount; iv) an axle pivotally connected to the arm at the first pivot mount; v) an actuating mechanism actuatable to exert a force on the arm relative to the trailer frame. The axle includes at least one associated wheel and the wheel has a plane of rotation in which the wheel rotates when traveling in a forward direction, and the actuating mechanism is located substantially in the plane of rotation. The trailer bed may be raised or lowered by exerting a force on the arm relative to the trailer frame.