In this paper, the reverse logistics of plastic pallets in Canada, particularly in Nova Scotia, is investigated using different methods, including reviewing the literature and searching appropriate databases. Information such as the typical supply chains of plastic pallets, and the manufacturing processes of these products is gathered and analyzed. In addition, the best practices for the reverse supply chains of plastic pallets are identified and analyzed with a focus on recovery options, such as reusing, remanufacturing, and recycling. In addition, we find and analyze strengths, weaknesses, opportunities, and threat factors related to a specific company that is active in the wooden pallets industry and is establishing a plastic pallet reverse logistics system. Furthermore, we provide an optimization model that determines the best locations in a pallet reverse logistics network. Finally, managerial insights and recommendations are provided based on the analysis. The results of this paper have economic and environmental benefits for companies that are interested in the reverse logistics of plastic pallets.