Ryder Declares Quarterly Cash Dividend

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Ryder Declares Quarterly Cash Dividend
           - Company Pays Dividend for 116th Consecutive Quarter -

    MIAMI, July 15 /PRNewswire-FirstCall/ -- The Board of Directors of Ryder
System, Inc. (NYSE: R), a global leader in transportation and supply chain
management solutions, today declared a regular quarterly cash dividend of
$0.16 per share of common stock.  The dividend will be paid on September 20,
2005 to shareholders of record on August 23, 2005.  This is Ryder's 116th
consecutive quarterly cash dividend -- marking 29 years of dividend payments.

                                 About Ryder
    Ryder provides leading-edge transportation, logistics and supply chain
management solutions worldwide.  Ryder's product offerings range from full
service leasing, commercial rental and programmed maintenance of vehicles to
integrated services such as dedicated contract carriage and carrier
management.  Additionally, Ryder offers comprehensive supply chain solutions,
consulting, lead logistics management services and e-Business solutions that
support customers' entire supply chains, from inbound raw materials and parts
through distribution and delivery of finished goods.  Ryder serves customer
needs throughout North America, in Latin America, Europe and Asia.
    The National Safety Council selected Ryder to receive the 2002 Green Cross
for Safety Medal -- its highest honor -- for exemplary commitment to workplace
safety and corporate citizenship.  For the ninth consecutive year, Ryder was
featured in the 2005 Fortune Most Admired Companies survey of corporate
reputations.  InternetWeek named Ryder as one of the top 100 U.S. companies
for effectiveness in using the Internet to achieve tangible business benefits.
For the seventh consecutive year, Ryder has been named a top three third-party
logistics provider by Inbound Logistics.
    Ryder's stock is a component of the Dow Jones Transportation Average and
the Standard & Poor's 500 Index.  With 2004 revenue of more than $5 billion,
Ryder ranks 381st on the Fortune 500.
    For more information on Ryder System, Inc., visit http://www.ryder.com .

    Note Regarding Forward-Looking Statements: Certain statements and
information included in this presentation are "forward-looking statements"
under the Federal Private Securities Litigation Reform Act of 1995.
Accordingly, these forward-looking statements should be evaluated with
consideration given to the many risks and uncertainties inherent in our
business that could cause actual results and events to differ materially from
those in the forward-looking statements. Important factors that could cause
such differences include, among others, our ability to obtain adequate profit
margins for our services, our inability to maintain current pricing levels due
to customer acceptance or competition, customer retention levels, the
possibility that changes in customers' business environments will limit their
ability to commit to long-term vehicle leases, changes in market conditions
affecting the commercial rental market or the sale of used vehicles, higher
borrowing costs and possible decreases in available funding sources caused by
adverse changes in debt ratings, resolution of the tax audits described in our
filings with the SEC and the amount and timing of any payments required to be
made by the Company in connection therewith, changes in accounting
assumptions, adequacy of accounting accruals, changes in general economic
conditions, availability of heavy- and medium-duty vehicles, increases in fuel
prices, availability of qualified drivers, the Company's ability to create
operating synergies in connection with its acquisitions of Ruan and General,
and changes in government regulations, including regulations regarding vehicle
emissions, drivers' hours of service and security regulations issued by the
Department of Homeland Security. The risks included here are not exhaustive.
New risks emerge from time to time and it is not possible for management to
predict all such risk factors or to assess the impact of such risks on the
Company's business. Accordingly, the Company undertakes no obligation to
publicly update or revise any forward-looking statements, whether as a result
of new information, future events, or otherwise.
SOURCE Ryder System, Inc.
http://www.ryder.com
CONTACT:
Media, David Bruce, +1-305-500-4999, or
Investor Relations, Bob Brunn, +1-305-500-4053, both of Ryder