Local Focus.(Business)

0 Comments | Daily Herald (Arlington Heights, IL), August, 2002

Hub unit revenue drop drives company loss LOMBARD - Hub Group Inc. reported a second-quarter loss of $2.2 million, or 29 cents per share, compared to profit of $1.1 million, or 14 cents per share the second quarter of 2001. Overall revenue increased 3 percent to $327.6 million. Hub said a 39.3 percent revenue drop for Hub Group Distribution Services drove the net loss, despite growth in other units.

LaSalle Bank names investment officer NAPERVILLE - LaSalle Bank has named Jose Santillan chief investment officer for its Wealth Management Group. Santillan, 44, of Naperville, had been a senior vice president for ABN AMRO Private Investment Group. Caterpillar, Ford sign global logistics deal AURORA - SAP AG announced a software initiative with Ford Motor...