RYDER SYSTEM INC — Director's Dealing 2006

Oct 10, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2006-10-06

Reporting Person: RENEHAN THOMAS S (EVP- FMS Sales & Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-10-06	Common Stock	A	15000	$0.00	Acquired	18806	Direct
2006-10-07	Common Stock	F	220	$53.125	Disposed	18586	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	81	Indirect
Common Stock	6259	Indirect
Common Stock	120	Indirect
Common Stock	3725	Indirect

Footnotes

F1: Represents shares of restricted stock granted to the reporting person by the Company. The restricted stock vests 100% on October 6, 2009.

F2: Represents shares of common stock withheld upon the vesting of restricted stock rights for the payment of the related tax liability.