A bin assembly includes a container and a pallet. The container has a base and sidewalls that extend upwardly and outwardly from the base. The base includes a centrally disposed alignment means and at least one spaced apart locking portion. The pallet includes a centrally disposed alignment means that is complementary to the container alignment means and at least one spaced apart locking mechanism disposed on the pallet and that is complementary to the at least one spaced apart locking portion. The at least one spaced apart locking mechanism is configured to engage or disengage the at least one spaced apart locking portion upon relative rotation between the container and the pallet to respectively lock or unlock the pallet and the container.