Importing shapefile and geolocation satellite images correctly in SketchUp

After re-reading everything, I see that you stated the data is in WGS84 format. The importer should be using that as well, but the reference point of the SketchUp axis is in the lower left corner of the entire import, not the center. The geolocate option is used to alter the geometry to fit the location on the Earth. If you grab all of the groups and drag them to the correct location, do they line up as they should?

This feature was added in the middle of this thread: