Nike Sneakers Stolen from BNSF Trains

Freight trains, primarily operated by Berkshire Hathaway — BNSF Railway, have been targeted by organized thieves in California and Arizona deserts, resulting in the theft of over $2 million worth of Nike, Inc. sneakers, including unreleased models. These heists involve cutting air brake hoses to stop trains and tossing merchandise to accomplices in 'follow vehicles.' Authorities are investigating at least 10 such incidents since last March, with 11 individuals charged in a January 13 robbery. The Association of American Railroads estimates a 40% jump in thefts last year, costing the nation's six largest freight railroads over $100 million. The problem is exacerbated by the vast and remote nature of the 140,000 miles of track operated across the United States, making security challenging. Law enforcement agencies like United States — United States Immigration and Customs Enforcement, United States — Federal Bureau of Investigation, and United States — United States Immigration and Customs Enforcement are involved, with the latter estimating annual cargo theft losses across the supply chain to be between $15 billion and $35 billion. The incidents highlight a growing and sophisticated problem for the rail industry and affected companies like Nike, Inc.