A pallet has a deck, a skid and a plurality of blocks, spacing the skid from the deck. The blocks comprise spacer portions and sleeve portions, wherein the sleeve portions may extend above and below the spacer portions. The deck and skid peripheral edges are cut away such that the deck and skid can be recessed with the blocks. The pallet constructed in this way can advantageously be made in any conventional size to meet the relevant norm or standard, while benefitting from the fact that the sleeve portions protect the edges of the deck and/or skid from impact. Furthermore, any impact imparted on the blocks is transmitted by the respective sleeve to the deck and/or skid. The elements of the pallet are connected without mechanical fasteners and the pallet can be easily repaired by removal and replacement of individual elements. A logistic system is also described.