Pricing Supplement No. 28 Dated 2/3/95 Rule 424(b)(3)
(To Prospectus dated August 6, 1992 and File No. 33-50232
Prospectus Supplement dated November 4, 1994) CUSIP No. 78355H EJ4
$400,000,000
RYDER SYSTEM, INC.
Medium-Term Notes, Series 10
 (Registered Notes--Fixed Rate)

Due Nine Months or More from Date of Issue

Principal Amount:   $5,000,000

Issue Price:        100

Issue Date:         2/10/95

Maturity Date:      11/17/97

Interest Rate:      7.78%	

Form: [X] Book Entry [ ] Certificated
Redemption: [X] The Notes cannot be redeemed prior to maturity.
[ ] The Notes may be redeemed prior to maturity.
Terms of Redemption: --
Repayment at option of holder: [X] The holder has no option to

                                    elect repayment of the Notes
                                    prior to maturity.
                                [ ] The Notes are repayable
                                    prior to maturity at the
                                    option of holder.

     Terms of Repayment:      --

Discount note:  [ ]  Yes   [X]  No

     Total Amount of OID:          --

     Yield to Maturity:            --	

Initial Accrual Period OID: --
Name of Agent and Agent's Discount or Commission:
J.P. Morgan Securities $12,500
Additional Terms: