Operated by the Interocean Steamship Company under General Agency Agreement, Wabash Victory carried cargo and passengers to Eniwetok, Ulithi, and Okinawa and, from there, back to the U.S. West Coast between 8 August and 3 November 1945.

Renamed Private Francis X. McGraw, 31 October 1947, the Victory ship remained a unit of the Army Transportation Service until 1 March 1950.

The ship was returned to the U.S. Maritime Commission, she was simultaneously transferred to the Navy, given the designation T–AK–241, and assigned to the newly formed Military Sea Transportation Service (MSTS).

Since that time, Private Francis X. McGraw, manned by a civil service crew, carried supplies and equipment to "far flung" ports for MSTS, Atlantic.

Although primarily rotated between Caribbean, North Sea, and Mediterranean runs, she was, when necessary, and particularly from the mid-1960s into 1970, been diverted from such assignments to carry cargo to Pacific Ocean ports.