An improved automatic loading and unloading device (10) that can be used for high production machinery. The device (10) utilizes "straight-through" feeding of workpieces across a shuttle table (16) to a work station and through same to a discharge chute (70) minimizing the jamming of the pieces. In addition, the device simultaneously indexes new workpieces on the shuttle table (16) by means of a loading/unloading assembly (14) while previous workpieces are being machined. The device can also be used for supplying and indexing workpieces on a batch basis rather than an individual workpiece basis.