Item 8.01 Other Events.

On December 13, 2007, our Board of Directors approved two new share repurchase programs. The first program authorizes us to repurchase up to $300 million of outstanding Ryder common stock over a period not to exceed two years.

A separate anti-dilutive program authorizes us to repurchase shares of common stock over a two-year period in an amount not to exceed, in the aggregate, the lesser of (i) two million shares and (ii) the number of shares issued to employees under our various employee stock option and employee stock purchase plans since September 1, 2007.

Share repurchases under both plans will be made periodically in open-market transactions, and are subject to market conditions, legal requirements and other factors. Additionally, Ryder management has been granted authority to establish trading plans under Rule 10b5-1 of the Securities Exchange Act of 1934 as part of the repurchase programs. This will allow us to repurchase shares in the open market during periods in which the stock trading window is otherwise closed for us and certain of our officers and employees pursuant to our Insider Trading Policy. We have completed all of our previously-announced share repurchase programs.

The press release announcing the adoption of the share repurchase programs is filed with this report as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

Exhibit 99.1: Press Release dated December 13, 2007 announcing the share repurchase programs.

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