According to Wall Street Journal, BNSF Railway is set to announce that it plans $6 billion in capital spending in 2015 to meet continuing growth in demand for freight rail service.

WSJ reported that will make 2015 the third consecutive year of record capital spending for the Fort Worth, Texas-based railroad as it tries to catch up and get ahead of a growing economy and an even more rapidly growing demand for rail.

BNSF will also announce that 2014 capital spending is now expected to be $5.5 billion—up from the previously forecast $5 billion, according to WSJ.

Matthew K. Rose, BNSF’s executive chairman, said in a WSJ interview that the railroad hasn’t completed its projections for next year yet, but BNSF thinks the industry should be prepared to grow at a rate that exceeds gross domestic product growth. In BNSF’s case, if GDP grows at 3% to 3.5%, the railroad’s growth “would be more like 5% to 5.5%,” he told WSJ.

To read the entire Journal article, click here.