Pallet tie is used to secure cartons and reusable products, such as beverage crates, on pallets for transport. The tear-resistant tie holds the pallets securely together. In order to avoid unnecessary waste, the tie is made of yarn residues. In addition, the string’s elasticity allows it to be pulled off as a whole ring, which means it can be reused for the return shipping of empty loads. This convenient solution not only benefits the environment, but also saves considerable amounts of stretch film or adhesive tapes and thus also costs.