EXHIBIT 10(g)


                     KENAN TRANSPORT COMPANY

          AMENDMENT TO SENIOR MANAGERS' LIFE INSURANCE PLAN


     The following provisions of the Senior Managers' Life Insurance Plan
(the "Plan") of Kenan Transport Company (the "Company") are hereby
amended as follows.  All other provisions of the Plan remain unchanged.

1.7  "Normal Plan Agreement Termination Date" shall mean the later
     of (i) the date a Participant attains age 65, or (ii) the date a
     Participant has participated in the Plan for fifteen (15) years.

7.4  If a Participant has been participating in this Plan for less
     than fifteen (15) years and there is a Change in Control of the
     Company, as defined in Section 7.5 and there is then a termination
     of the Participant's employment within two years of the Change in
     Control as a result of which the Participant would be deprived of
     benefits under the Plan, the Participant's Plan Agreement (and the
      Company premium payment obligation under Section 3.4) will continue
     in effect for a period of fifteen (15) years from the effective
     date of the Participant's Plan Agreement, unless modified or
     terminated by mutual consent, provided that the Participant
     continues to make the required premium contributions as provided in
     Section 3.4
    

11.0  The effective date of this Amendment to the Plan shall be January 
      1, 1999.

     IN WITNESS WHEREOF, the Senior Managers' Life Insurance Plan of
Kenan Transport Company, having been duly approved and adopted by the
Board, is executed on behalf of the Company as of the 25th day of January,
1999.
          
                                   KENAN TRANSPORT COMPANY
          

                                   By:  /s/ Lee P. Shaffer, President
          
          Attest:
          
          
          By:  /s/ William L. Boone, Secretary
          
          
          [Corporate Seal]