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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 19, 1996
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RYDER SYSTEM, INC.
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(Exact name of registrant as specified in its charter)
Florida 1-4364 59-0739250
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(State or other jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
3600 N. W. 82nd Avenue, Miami, Florida 33166
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (305) 593-3276
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Item 5. Other Events.
Ryder System, Inc. (the "Company") announced that it is exploring the sale
of its Consumer Truck Rental business. A copy of the Company's press release
dated July 19, 1996 is attached hereto as Exhibit 99.
99. Press Release dated July 19, 1996, issued by Ryder System, Inc.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: July 19, 1996
RYDER SYSTEM, INC.
By: /s/ Edward R. Henderson
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Name: Edward R. Henderson
Title: Associate General Counsel
and Assistant Secretary
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EXHIBIT INDEX
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Sequentially
Numbered
Exhibit No. Title Page
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99. Press Release dated July 19, 1996,
issued by Ryder System, Inc.
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EXHIBIT 99
RYDER EXPLORING SALE OF CONSUMER TRUCK RENTAL BUSINESS
MIAMI, FLORIDA, July 19, 1996--Ryder System, Inc. (NYSE:R) has
hired Goldman, Sachs & Co. to explore the sale of its Consumer Truck
Rental business unit, it was announced here today by Ryder System
Chairman, President and Chief Executive Officer M. Anthony Burns.
"Serious discussions are underway with potential buyers," Burns said.
"It is too early to say at this time whether or when a transaction will
be completed."
Burns continued, "Most of Ryder's business is done with other
companies. This decision is in line with our announced strategy to
focus the majority of our resources and energy on the businesses in
which we have long-term contractual arrangements with our
customers--integrated logistics on a global basis, full service truck
leasing and public transportation services."
