A method and apparatus for transporting and assembling a drilling rig is disclosed. The drilling rig of a preferred embodiment of the present invention utilizes specialized positioning pads integral to the side boxes of the drilling rig to facilitate the connection of the center drill floor of the drilling rig to the side boxes of the rig. A preferred embodiment of the present invention may also utilize a specialized positioning dolly and an adjustable fifth-wheel truck connection for transporting the mast to the drill site, assembling the mast sections together, and positioning the mast for connection to the drill floor of the rig. The result is a unique drilling rig design and sequence for assembly that significantly reduces the time required to transport the rig from location to location and to assemble the rig at the drill site.