RYDER SYSTEM INC — Director's Dealing 2006

Feb 14, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2006-02-10

Reporting Person: LEINBACH TRACY A (Exec. Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-10	Common Stock	F	220	$42.82	Disposed	21743	Direct
2006-02-12	Common Stock	F	198	$42.725	Disposed	21545	Direct
2006-02-13	Common Stock	F	132	$42.725	Disposed	13951	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11308	Indirect
Common Stock	2780	Indirect
Common Stock	1662	Indirect
Common Stock	4578	Indirect

Footnotes

F1: Represents shares of common stock withheld upon the vesting of restricted stock units for the payment of the related tax liability.

F2: Reflects the transfer of 7,462 shares of common stock transfered from the reporting person to a trust for the benefit of the reporting person since October 3, 2005, the date of the reporting person's last Section 16 filing.