Chemical Leaman S-4/A Registration of securities issued in business combination transactions (amended)

Exhibit 12.1

Ratio of Earnings to Fixed Charges

	For the year ended December 31,																		For the nine months ended September 30,
	1999			2000			2001			2002			2003						2003		2004
	(Restated)			(Restated)			(Restated)			(Restated)			Historical			Pro Forma
Loss from continuing operations	$	(17,392	)	$	(42,436	)	$	(16,388	)	$	(23,098	)	$	(67,102	)	$	(58,487	)	$	708	$	(4,149	)
Provision (benefit) for income taxes		(6,068	)		31,225			1,135			1,443			(99	)		(99	)		360		858
Total fixed charges		44,083			44,577			44,343			42,000			36,163			27,548			28,534		17,567
	$	20,623		$	33,366		$	29,090		$	20,345		$	(31,038	)	$	(31,038	)	$	29,602	$	14,276
Fixed charges
Operating lease expense	$	5,051		$	6,447		$	5,583		$	6,463		$	5,353		$	5,353		$	3,994	$	4,325
Factored at one-third	$	1,684		$	2,149		$	1,861		$	2,154		$	1,784		$	1,784		$	1,331	$	1,442
Preferred stock dividends		1,593			1,823			2,093			5,876			4,395			4,395			4,481		—
Interest expense—gross		40,806			40,605			40,389			33,970			29,984			21,369			22,722		16,125
Total fixed charges	$	44,083		$	44,577		$	44,343		$	42,000		$	36,163		$	27,548		$	28,534	$	17,567
Ratio of earnings to fixed charges		0.5x			0.7x			0.7x			0.5x			(0.9	)x		(1.13	)x		1.04x		0.81x
Deficiency in fixed charge coverage ratio	$	(23,460	)	$	(11,211	)	$	(15,253	)	$	(21,655	)	$	(67,201	)	$	(58,586	)	$	1,068	$	(3,291	)