A carrying case for transporting fishing equipment from one location to another. The carrying case generally comprises an external container and an insert insertedly situated within the external container. The external container is substantially cylindrical in shape with an open top and a closed bottom. The insert includes a lid, a base, and a support connecting the lid to the base. A plurality of cutouts are provided in the lid of the insert for receiving the shafts of a plurality of fishing rods. A plurality of seats are provided along the base of the insert for receiving the handles of the fishing rods. A storage space is also provided between the base of the insert and the base of the external container for storing other fishing equipment including fishing tackle. A series of ribs are provided along the walls of the external container near the base of the external container for mating with the base of the insert.