Then I saw a instructable by depotdevoid it was a great idea but there was 1 problem I had with it.... me and my basement. You see I'm 6'4" and the bottom of the joists is only about 7' so by the time I installed it with the handles and containers below the joist I would have to duck all the time while working in the room. So I came up with what I think is a better solution.... or at least for me it is.
Instead of one continuous track I broke mine into sections that would hold 2 containers with enough space on either side to slide it over and take it down. That way I would only need to move the container I wanted to access.
Circular saw (or any saw that will cut wood)
Clamps (not really necessary but as you will see it allowed me to cut regular strips for the track)
Scrap lumber (I used 1-1x6 about 40" long)
Screws over 1.5"
Container of your choice
$10 at Walmart for 10 containers with lids assuming you have screws or nails and some scrap lumber