The Portland Terminal Railroad was once an interurban railroad that had, since the mid-1950s, been owned 50/50 by the Southern Pacific and Union Pacific railroads to handle the remaining freight business along their line. On April 1, 1991, Dick Samuels organizes the East Portland Traction Company and purchases what is left of the Portland Traction Company. By the mid-1980s the remaining freight business east of Milwaukie was virtually gone as local land uses shifted from farming and industrial to housing. Some of the last shipments along the railroad were Portland TriMet's first light rail cars, delivered to its Ruby Junction shops, which were located on a former Portland Traction Company branch line that had been abandoned years before. On January 1, 1997, Samuels' Oregon Pacific Railroad acquires the remaining EPTC trackage and begins operation. Tucked away near the Oregon Pacific Railroad engine facility in Milwaukie, Oregon, is a remnant of the East Portland Traction Company, caboose 11, a former Union Pacific car. This caboose was built by the Union Pacific’s Omaha Shops in August 1952 as UP 3940, later renumbered to 25240 (class CA-5).
