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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."