Abstract: A modular shipping container and a clip for use therein to interconnect various components of the container, such as the sidewalls, bottom pallet, and top pallet. The container components are designed for compact storage and easy assembly. The clip used in the container includes a first portion for affixing the clip to the sidewall structure and a second portion having a rigid arm extending from the first portion. A resilient flex arm is attached to the end of the rigid arm farthest the first portion and extends generally toward the first portion. The flex arm has a locking face thereon for engaging an edge of a receiving slot in the pallet. Insertion of the clip into the receiving slot removably interconnects the sidewall structure to the pallet.