<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE RYDER SYSTEM, INC. AND SUBSIDIARIES UNAUDITED CONSOLIDATED CONDENSED BALANCE SHEETS AND STATEMENTS OF EARNINGS FOR THE THREE MONTHS ENDED MARCH 31, 1998 AND MARCH 31, 1997 (RESTATED FOR DISCONTINUED OPERATIONS) AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 3-MOS <FISCAL-YEAR-END> DEC-31-1998 DEC-31-1997 <PERIOD-START> JAN-01-1998 JAN-01-1997 <PERIOD-END> MAR-31-1998 MAR-31-1997 <CASH> 56,422 96,485 <SECURITIES> 0 0 <RECEIVABLES> 612,100 598,455 <ALLOWANCES> 0 0 <INVENTORY> 63,088 63,848 <CURRENT-ASSETS> 1,100,273 1,095,302 <PP&E> 6,158,923 6,399,722 <DEPRECIATION> 2,410,585 2,524,024 <TOTAL-ASSETS> 5,563,949 5,605,928 <CURRENT-LIABILITIES> 1,022,513 1,222,323 <BONDS> 2,365,100 2,167,903 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 345,242 470,420 <OTHER-SE> 759,917 627,195 <TOTAL-LIABILITY-AND-EQUITY> 5,563,949 5,605,928 <SALES> 0 0 <TOTAL-REVENUES> 1,245,617 1,187,119 <CGS> 0 0 <TOTAL-COSTS> 1,135,287 1,084,407 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 48,408 47,318 <INCOME-PRETAX> 61,922 55,394 <INCOME-TAX> 24,648 22,943 <INCOME-CONTINUING> 37,274 32,451 <DISCONTINUED> 0 1,215 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 37,274 33,666 <EPS-PRIMARY> 0.50 0.43 <EPS-DILUTED> 0.50 0.43