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RYDER SYSTEM INC Director's Dealing 2011

May 16, 2011

30770_dirs_2011-05-16_11cfc799-e15d-4f65-b38b-7573a981ea87.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2011-05-12

Reporting Person: Eck Robert J. (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-05-12 Common Stock A 1209 $0.00 Acquired 1209 Direct
2011-05-13 Common Stock A 1900 $55.35 Acquired 3109 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 May 12, 2011.

F2: This reflects the weighted average price at which the shares were purchased. The purchase prices ranged from $55.34 to $55.37.

F3: The Reporting Person will provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.