RYDER SYSTEM INC — Director's Dealing 2008

Oct 9, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2008-10-07

Reporting Person: GARCIA ART A (SVP and Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-10-07	Common Stock	F	1322	$52.75	Disposed	12410	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2094	Indirect
Common Stock	332	Indirect

Footnotes

F1: Represents shares of common stock withheld by the Company for the payment of taxes due upon the vesting of restricted stock rights granted to the reporting person on October 7, 2005.

F2: Includes 2 shares of common stock acquired by the reporting person under the Company's dividend reinvestment plan.