RYDER SYSTEM INC — Director's Dealing 2007

Aug 17, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2007-08-15

Reporting Person: SWIENTON GREGORY T (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-08-15	Common Stock	S	200	$52.56	Disposed	82273	Direct
2007-08-15	Common Stock	S	100	$52.42	Disposed	82173	Direct
2007-08-15	Common Stock	S	200	$52.46	Disposed	81973	Direct
2007-08-15	Common Stock	S	200	$52.45	Disposed	81773	Direct
2007-08-15	Common Stock	S	300	$52.82	Disposed	81473	Direct
2007-08-15	Common Stock	S	100	$52.73	Disposed	81373	Direct
2007-08-15	Common Stock	S	100	$52.93	Disposed	81273	Direct
2007-08-15	Common Stock	S	200	$53.12	Disposed	81073	Direct
2007-08-15	Common Stock	S	100	$52.12	Disposed	80973	Direct
2007-08-15	Common Stock	S	100	$52.92	Disposed	80873	Direct
2007-08-15	Common Stock	S	200	$53.13	Disposed	80673	Direct
2007-08-15	Common Stock	S	200	$52.13	Disposed	80473	Direct
2007-08-15	Common Stock	S	100	$52.95	Disposed	80373	Direct
2007-08-15	Common Stock	S	400	$53.14	Disposed	79973	Direct
2007-08-15	Common Stock	S	200	$52.14	Disposed	79773	Direct
2007-08-15	Common Stock	S	100	$52.87	Disposed	79673	Direct
2007-08-15	Common Stock	S	100	$52.83	Disposed	79573	Direct
2007-08-15	Common Stock	S	600	$53.11	Disposed	78973	Direct
2007-08-15	Common Stock	S	100	$52.98	Disposed	78873	Direct
2007-08-15	Common Stock	S	100	$52.03	Disposed	78773	Direct
2007-08-15	Common Stock	S	300	$52.76	Disposed	78473	Direct
2007-08-15	Common Stock	S	100	$52.77	Disposed	78373	Direct
2007-08-15	Common Stock	S	100	$52.47	Disposed	78273	Direct
2007-08-15	Common Stock	S	300	$52.35	Disposed	77973	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-08-15	Stock Option (right to buy)	$22.10	M	15000	Disposed	2010-02-13	Common Stock (15000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3417	Indirect

Footnotes

F1: The option exercise and stock sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan established by the Reporting Person on May 18, 2007.

F2: 2,334 stock options vested on February 13, 2004 and 12,666 stock options vested on February 13, 2005.