RYDER SYSTEM INC — Director's Dealing 2008

Jul 14, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: BEARD JAMES S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-07-10	Common Stock	A	631	$0.00	Acquired	723	Direct

Footnotes

F1: Pro-rated portion of annual grant of restricted stock units to non-employee directors pursuant to the Company's 2005 Equity Compensation Plan. The number of restricted stock units granted was based on the average of the high and low sale price of the Company's common stock on July 10, 2008.