RYDER SYSTEM INC — Director's Dealing 2008

Mar 19, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2008-03-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-17	Common Stock	M	25000	$22.10	Acquired	100769	Direct
2008-03-17	Common Stock	S	100	$59.17	Disposed	100669	Direct
2008-03-17	Common Stock	S	200	$58.96	Disposed	100469	Direct
2008-03-17	Common Stock	S	200	$58.40	Disposed	100269	Direct
2008-03-17	Common Stock	S	100	$58.48	Disposed	100169	Direct
2008-03-17	Common Stock	S	300	$58.47	Disposed	99869	Direct
2008-03-17	Common Stock	S	200	$58.58	Disposed	99669	Direct
2008-03-17	Common Stock	S	100	$58.45	Disposed	99569	Direct
2008-03-17	Common Stock	S	200	$58.50	Disposed	99369	Direct
2008-03-17	Common Stock	S	200	$59.23	Disposed	99169	Direct
2008-03-17	Common Stock	S	100	$58.38	Disposed	99069	Direct
2008-03-17	Common Stock	S	100	$58.36	Disposed	98969	Direct
2008-03-17	Common Stock	S	100	$59.36	Disposed	98869	Direct
2008-03-17	Common Stock	S	100	$58.42	Disposed	98769	Direct
2008-03-17	Common Stock	S	100	$58.34	Disposed	98669	Direct
2008-03-17	Common Stock	S	100	$58.56	Disposed	98569	Direct
2008-03-17	Common Stock	S	200	$58.61	Disposed	98369	Direct
2008-03-17	Common Stock	S	100	$58.69	Disposed	98269	Direct
2008-03-17	Common Stock	S	100	$57.97	Disposed	98169	Direct
2008-03-17	Common Stock	S	200	$59.16	Disposed	97969	Direct
2008-03-17	Common Stock	S	100	$58.97	Disposed	97869	Direct
2008-03-17	Common Stock	S	200	$58.33	Disposed	97669	Direct
2008-03-17	Common Stock	S	400	$58.24	Disposed	97269	Direct
2008-03-17	Common Stock	S	100	$58.35	Disposed	97169	Direct
2008-03-17	Common Stock	S	200	$58.38	Disposed	96969	Direct
2008-03-17	Common Stock	S	100	$59.27	Disposed	96869	Direct
2008-03-17	Common Stock	S	100	$58.33	Disposed	96769	Direct
2008-03-17	Common Stock	S	100	$58.27	Disposed	96669	Direct
2008-03-17	Common Stock	S	300	$58.41	Disposed	96369	Direct
2008-03-17	Common Stock	S	400	$58.49	Disposed	95969	Direct

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.