Exhibit 99(a) CNF INC. COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES (Dollars in thousands) Three Months Ended March 31, --------------------------- 2002 2001 Fixed Charges: ---------- ---------- Interest Expense $ 5,885 $ 7,793 Capitalized Interest 248 609 Dividend Requirement on Series B Preferred Stock [1] 2,604 2,666 Interest Component of Rental Expense [2] 5,812 11,477 ---------- ---------- $ 14,549 $ 22,545 ---------- ---------- Earnings: Income from Continuing Operations before Taxes $ 33,222 $ 25,928 Fixed Charges 14,549 22,545 Capitalized Interest (248) (609) Preferred Dividend Requirements [3] (2,604) (2,666) ---------- ---------- $ 44,919 $ 45,198 ---------- ---------- Ratio of Earnings to Fixed Charges: 3.1x 2.0x ========== ========== [1] Dividends on shares of the Series B cumulative convertible preferred stock are used to pay debt service on notes issued by the Company's Thrift and Stock Plan. [2] Estimate of the interest portion of lease payments. [3] Preferred stock dividend requirements included in fixed charges but not deducted in the determination of Income from Continuing Operations before Taxes.