The Mississauga, Ont.-based package-delivery company said it will buy over 3,500 electric delivery vehicles, and improve energy efficiency of 60 terminals with equipment like better lighting fixtures and motion sensors. Purolator called it the single largest network investment in its 60-year history, and said it plans to spend more than $100 million of the total amount this year after its previous $1-billion innovation strategy launched in 2019. (The Logic)

Talking point: The company whose name is short for “Pure Oil Later” after its brief ownership by an oil-filter company, is getting closer to ditching the oil. Its fleet today includes 3,935 courier vehicles with about 2,000 other vehicles like cargo containers, trailers and tractors. Compared with its current lineup of 30-odd e-bikes and five EVs, 3,500 is a big purchase. The company, majority owned by Canada Post, has seen increasing competition on its own doorstep, with FedEx piloting its EVs in Toronto and Quebec’s Lion Electric making 10 trucks for Amazon. Purolator said it wants 60 per cent of its fleet electrified by 2030 to be “the greenest courier company in Canada.”