EXHIBIT 15

KPMG LLP
CERTIFIED PUBLIC ACCOUNTANTS
One Biscayne Tower                                   Telephone     305-358-2300
2 South Biscayne Boulevard                           Fax           305-913-2692
Suite 2800
Miami, Florida  33131


The Board of Directors and Shareholders
Ryder System, Inc.:

We acknowledge our awareness of the incorporation by reference in the following
Registration Statements of our report dated October 17, 2001 related to our
review of interim financial information:

   Form S-3:

      .     Registration Statement No. 33-1623 covering $500,000,000 aggregate
            principal amount of debt securities.

      .     Registration Statement No. 33-13962 covering $500,000,000 aggregate
            principal amount of debt securities.

      .     Registration Statement No. 33-20359 covering $1,000,000,000
            aggregate principal amount of debt securities.

      .     Registration Statement No. 33-58667 covering $800,000,000 aggregate
            principal amount of debt securities.

      .     Registration Statement No. 333-63049 covering $800,000,000 aggregate
            principal amount of debt securities.

   Form S-8:

      .     Registration Statement No. 33-20608 covering the Ryder System
            Employee Stock Purchase Plan.

      .     Registration Statement No. 33-4333 covering the Ryder Employee
            Savings Plan.

      .     Registration Statement No. 1-4364 covering the Ryder System Profit
            Incentive Stock Plan.

      .     Registration Statement No. 33-69660 covering the Ryder System, Inc.
            1980 Stock Incentive Plan.

      .     Registration Statement No. 33-37677 covering the Ryder System UK
            Stock Purchase Scheme.

      .     Registration Statement No. 33-63990 covering the Ryder System, Inc.
            Directors' Stock Plan.

      .     Registration Statement No. 33-58001 covering the Ryder System, Inc.
            Employee Savings Plan A.

      .     Registration Statement No. 33-58003 covering the Ryder System, Inc.
            Employee Savings Plan B.

      .     Registration Statement No. 33-61509 covering the Ryder System, Inc.
            Stock for Merit Increase Replacement Plan.

      .     Registration Statement No. 33-62013 covering the Ryder System, Inc.
            1995 Stock Incentive Plan.






      .     Registration Statement No. 333-19515 covering the Ryder System, Inc.
            1997 Deferred Compensation Plan.

      .     Registration Statement No. 333-26653 covering the Ryder System, Inc.
            Board of Directors Stock Award Plan.

      .     Registration Statement No. 333-57593 covering the Ryder System, Inc.
            Stock Purchase Plan for Employees.

      .     Registration Statement No. 333-57595 covering the Ryder System, Inc.
            1995 Stock Incentive Plan.

      .     Registration Statement No. 333-69626 covering the Ryder System, Inc.
            1995 Stock Incentive Plan.

      .     Registration Statement No. 333-69628 covering the Ryder System, inc.
            Board of Directors Stock Award Plan.


Pursuant to Rule 436(c) under the Securities Act of 1933, such report is not
considered a part of a registration statement prepared or certified by an
accountant or a report prepared or certified by an accountant within the meaning
of Sections 7 and 11 of the Act.

Miami, Florida
November 8, 2001