EXHIBIT 15

KPMG LLP
CERTIFIED PUBLIC ACCOUNTANTS
One Biscayne Tower                              Telephone           305-358-2300
Suite 2800                                      Telecopier          305-913-2692
2 South Biscayne Boulevard
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 20, 1999 related to our
review of interim financial information:

     Form S-3:

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

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

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

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

     Form S-8:

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

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

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

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

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

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

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

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

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

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



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

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

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

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

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

         o Registration Statement No. 333-57599 covering the Ryder Student
           Transportation Services, Inc. Retirement/Savings 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.

/S/ KPMG LLP

Miami, Florida
November 5, 1999