RYDER SYSTEM INC — Director's Dealing 2014

May 5, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2014-05-01

Reporting Person: GALLO-AQUINO CRISTINA (VP and Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-01	Common Stock	A	2500	$0.00	Acquired	3245	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1036	Indirect

Footnotes

F1: Represents time-based restricted stock rights granted to the reporting person by the Company. The restricted stock rights vest 100% on May 1, 2017.

F2: Includes 15 shares of common stock acquired by the reporting person under the Company's dividend reinvestment plan.