A utility trailer for transporting and processing lumber, pipe and other materials. The utility trailer includes a trailer frame for carrying the materials and a workstation is pivotally mounted on the trailer frame for processing the materials. The workstation is pivotal between a folded configuration adjacent to the trailer frame for storage and/or transport and a deployed, functional configuration extending from the trailer frame. One or more lockers or cabinets may be provided, with both interior and exterior access. A removable gate may also close the rear end of the utility trailer and a pair of ramps are stored in ramp housings on both sides of the utility trailer for deployment at the rear of the utility trailer.