Abstract: Described herein is an improved rack for efficient and safe storage and transport of cylindrical or near cylindrical product. The rack may be rectangular or square in shape and consist of a base with uprights, which may form the base rails on the sides of the rack, and side end rails. The base includes openings at predetermined intervals on its short sides and on its long sides to accept tines from a fork lift. The base further includes stringers and ribs. The stringers support cradles having two L-shaped sections which extend the length of the cradle. The base of the cradle includes teeth that engage with one or more ribs to allow the cradle to selectively lock into a predetermined position in the rack. The cradle base portion includes a cradle upper portion which may define product support sections. The product support sections are designed to support a cylindrical or near cylindrical product such as drive shaft tubes or tie rods for vehicles.