A foldable and portable pallet jack for transporting pallets comprises width-adjustable and folding forks. The skid forks adjust to different sized pallets or materials. The skid forks also fold upright against the handle section of the pallet jack allowing it to be compactly transported and stored. With the forks in a horizontal and locked position, the pallet jack provides normal lifting and transporting of heavy pallets or material in a conventional manner.