58 i e aligned with the center lateral divider 14 b to provide another surface that is in the same plane as the lowermost edges of the side walls 28 and end walls 46 these are the bottom nesting surfaces of the tray 10 i e the surfaces that contact the nesting stop surfaces at the nesting height of the tray 10 nested below thus these lower perimeter surfaces of the trays 10 support the trays 10 in any nesting configuration rather than the ribs 58 which are spaced inwardly from the perimeter this provides increased stability of the stacked trays 10 the ribs 58 also form cone shaped bottle cap receiving recesses 62 which receive the bottle caps of bottles in a tray 10 stacked therebelow when the trays are loaded the cone shaped recesses 62 increase the stability of the stacked loaded trays 10 fig5 is a side view of the tray 10 again the outer ledges 30 a and 32 are at the nesting height while the outer ledges 30 b and longitudinal dividers 14 a and lateral dividers 14 b fig2 are spaced slightly below the nesting height as a result all of the contact with the upper tray 10 is only on the surfaces that are at the nesting height also as shown the ribs 58 of the base 12 extend downwardly slightly further than the side walls 28 and end walls 46 fig3 the channel 60 through the center of the base 12 provides another surface at the same height as the side walls 28 and end walls 46 fig6 is.