<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1998, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000745379 <NAME> KENAN TRANSPORT COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 8,023 <SECURITIES> 0 <RECEIVABLES> 10,441 <ALLOWANCES> 0 <INVENTORY> 572 <CURRENT-ASSETS> 24,404 <PP&E> 94,069 <DEPRECIATION> 36,444 <TOTAL-ASSETS> 94,644 <CURRENT-LIABILITIES> 17,165 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 4,400 <OTHER-SE> 49,780 <TOTAL-LIABILITY-AND-EQUITY> 94,644 <SALES> 0 <TOTAL-REVENUES> 130,046 <CGS> 0 <TOTAL-COSTS> 120,916 <OTHER-EXPENSES> (301) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 762 <INCOME-PRETAX> 8,669 <INCOME-TAX> 3,510 <INCOME-CONTINUING> 5,159 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,159 <EPS-PRIMARY> 2.14 <EPS-DILUTED> 2.14