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                                                                      EXHIBIT 15

KPMG PEAT MARWICK LLP
CERTIFIED PUBLIC ACCOUNTANTS
One Biscayne Tower           Telephone     305-358-2300
Suite 2900                   Telecopier    305-577-0544
2 South Biscayne Boulevard
Miami, FL 33131



The Board of Directors
Ryder System, Inc.:

We acknowledge our awareness of the incorporation by reference in the following
Registration Statements of our report dated April 20, 1995 related to our
review of interim financial information:

         Form S-3:

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

                 -  Registration Statement No. 33-50232 covering $800,000,000
                    aggregate principal amount of debt securities.

                 -  Registration Statement No. 33-58667 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. 33-442507 covering the Ryder
                    Student Transportation Services, Inc. Retirement/Savings 
                    Plan.

                 -  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. 33-58045 covering the Ryder
                    System, Inc. Savings Restoration 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.


                                        KPMG PEAT MARWICK LLP


Miami, Florida
May 12, 1995