Different from an arch bridge, the load-carrying capacity of a box structure mainly depends on the bending capacity of corrugated steel. This paper explores the mechanical properties of a corrugated steel box bridge. The mechanical properties of a 13 m span corrugated steel box bridge under static and dynamic loads were tested. Three static load conditions were tested, and four dynamic load conditions were tested, including 20 km/h, 40 km/h, 60 km/h, and 80 km/h. Through the analysis of section strain, vault displacement, dynamic strain, and internal force, the following conclusions can be drawn: (1) when the static load changes from the right arch foot and vault to the left arch foot, the strain value of each measuring point continues to increase, which may be caused by the accumulation of deformation due to the adjustment of the stress state of the soil and corrugated steel caused by loading; (2) the displacement change in the test is more sensitive than the strain change; (3) the vault strain reaches the maximum value at a specific speed of 60 km/h. This is related to the structural resonance caused by vehicle operation, and the natural frequency of the corrugated steel box bridge can be determined by a field vehicle dynamic load test; (4) the damping value of an embedded corrugated steel bridge is large, and the energy dissipation capacity is strong, which is very beneficial to structural earthquake resistance and to reducing the structural resonance under traffic load; (5) the dynamic increasing strain coefficient is less than 1, which means that the strain caused by a dynamic load is far less than that caused by a static load, and it reaches the maximum value at a certain speed (60km/h); (6) the maximum bending stress and maximum axial stress of the corrugated steel box bridge tested in this paper are basically the same, which indicates that the axial stress of the box structure cannot be ignored. However, the box structure design method proposed in the CHBDC code does not consider the axial stress, so it is necessary to further improve the box structure design method; (7) most of the axial force of a box corrugated steel bridge is tensile force. The pavement structure layer has an effect on the overall performance of the corrugated steel box bridge, which is similar to the decompression plate: it makes the overall stress (I ∼ V section) more uniform and the bending moment smaller.