FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         	UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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                      	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	                      	

1. Name and Address of Reporting Person *

GARCIA ART A	2. Issuer Name and Ticker or Trading Symbol

RYDER SYSTEM INC [ R ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
EVP & Chief Financial Officer	
(Last)          (First)          (Middle)

11690 N.W. 105 STREET	3. Date of Earliest Transaction (MM/DD/YYYY)

11/14/2016		
(Street)

MIAMI, FL 33178
(City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)

 	6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person	

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned	
1.Title of Security
(Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code
(Instr. 8)	4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)	5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)	
			Code	V	Amount	(A) or (D)	Price				
Commom Stock  	11/14/2016  	 	J (1)	  	8964  	D	$0  	9990  	D  	 	
Commom Stock  	 	 	 	  	 	 	 	2570  	I  	By Ryder Employee Savings Plan  	
Commom Stock  	 	 	 	  	 	 	 	5430  	I  	By Ryder Deferred Compensation Plan  	

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)	
1. Title of Derivate Security
(Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code
(Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)	6. Date Exercisable and Expiration Date	7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)	8. Price of Derivative Security
(Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)	
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares					
Stock Option (right to buy)  	$53.63  	11/14/2016  	 	J   (2)	  	  	3413   	  (3)	2/10/2019  	common stock  	3413.0  	$0  	3412  	D  	 	
Stock Option (right to buy)  	$58.21  	11/14/2016  	 	J   (2)	  	  	9290   	  (4)	2/7/2023  	common stock  	9290.0  	$0  	9290  	D  	 	
Stock Option (right to buy)  	$71.43  	11/14/2016  	 	J   (2)	  	  	9788   	  (5)	2/6/2024  	common stock  	9788.0  	$0  	12232  	D  	 	
Stock Option (right to buy)  	$93.51  	11/14/2016  	 	J   (2)	  	  	5891   	  (6)	2/11/2025  	common stock  	5891.0  	$0  	13609  	D  	 	
Performance-Based Restricted Stock Rights  	$0.0  	11/14/2016  	 	J   (7)	  	  	1449   	  (8)	  (8)	common stock  	1449.0   (9)	$0  	2891  	D  	 	
Performance-Based Restricted Stock Rights  	$0.0  	11/14/2016  	 	J   (7)	  	  	612   	  (10)	  (10)	common stock  	612.0   (9)	$0  	2908  	D  	 	

Explanation of Responses:	
(  1) 	The reporting person transferred these shares to his former spouse pursuant to a property settlement agreement.	
(  2) 	The reporting person transferred the economic interest in these stock options to his former spouse, pursuant to a property settlement agreement, whom has sole discretion with respect to the exercise of the options and sale of the underlying common stock. Accordingly, the reporting person will no longer report beneficial ownership or dispositions of these securities (including acquisitions or dispositions of the underlying common stock).	
(  3) 	The stock options vested in three equal installments on February 10, 2013, February 10, 2014 and February 10, 2015.	
(  4) 	The stock options vested in three equal installments on February 8, 2014, February 8, 2015 and February 8, 2016.	
(  5) 	The stock options vest in three equal installments on February 7, 2015, February 7, 2016 and February 7, 2017.	
(  6) 	The stock options vest in three equal installments on February 12, 2016, February 12, 2017 and February 12, 2018.	
(  7) 	The reporting person transferred the economic interest in these performance-based restricted stock rights (PBRSRs) to his former spouse, pursuant to a property settlement agreement, whom will receive the common stock resulting from settlement of any such PBRSRs that are earned. Accordingly, the reporting person will no longer report beneficial ownership or dispositions of these securities (including acquisitions or dispositions of the common stock covered by these PBRSRs).	
(  8) 	The performance cycle for one half of the PBRSRs is segmented into three equal performance periods of one, two and three years. The performance period for the other half is segmented into three equal one-year performance periods. The PBRSRs earned for each performance period will vest at the end of the three-year cycle ending on December 31, 2016. PBRSRs that do not vest will be cancelled.	
(  9) 	The PBRSRs represent a contingent right to receive that number of shares of Ryder common stock equal to 25% to 125% of the number of PBRSRs based on the Company achieving certain threshold, target or maximum performance goals.	
(  10) 	The performance cycle for one half of the PBRSRs is segmented into three equal performance periods of one, two and three years. The performance period for the other half is segmented into three equal one-year performance periods. The PBRSRs earned for each performance period will vest at the end of the three-year cycle ending on December 31, 2017. PBRSRs that do not vest will be cancelled.	

Reporting Owners	
Reporting Owner Name / Address	Relationships	
	Director	10% Owner	Officer	Other	
GARCIA ART A
11690 N.W. 105 STREET
MIAMI, FL 33178			EVP & Chief Financial Officer		

Signatures		
/s/ Julie A. Azuaje by power of attorney		11/16/2016	
** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.	
*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).	
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).	
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.	
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