An automatic machining system having one or more pallets each mounted with respect to a moveable bed, for transporting one or more workpieces to and/or from an automated machine tool, for machining each workpiece. According to this invention, a driver shaft and a driven shaft can be longitudinally aligned with respect to each other, so that there is no need for a gear system and/or a transmission device, for transferring power from a driver shaft to the driven shaft.