SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): OCTOBER 31, 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
strategic options for its Ryder Automotive Carrier Services business unit. A
copy of the Company's press release dated October 31, 1996 is attached hereto as
Exhibit 99.
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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: November 1, 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
Sequentially
Numbered
Exhibit No. Title Page
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99. Press Release dated October 31, 1996
issued by Ryder System, Inc.
EXHIBIT 99
RYDER IS REVIEWING OPTIONS FOR AUTO CARRIER BUSINESS
MIAMI, Fl, October 31, 1996 -- Ryder System, Inc. (NYSE:R) has retained
an advisor to assist it in exploring strategic options for its Ryder Automotive
Carrier Services business unit, it was announced here today by Chairman,
President and Chief Executive Officer M. Anthony Burns.
"As we have said in the past," Burns commented, "our strategic focus is
on the rapidly expanding integrated logistics and truck leasing and rental
global market. Consistent with this strategy, we need to restore the financial
performance of Automotive Carrier Services. Our advisor will help us explore all
aspects of the business and develop strategic options."
