40-60MB/s random is a pipedream, and not happening anytime soon. Sequentials should be somewhere between 50 and 120 MB/s on any modern drive though, so there's definitely something wrong with that trace. Access time should be between 7 and 18 ms as well. Check to make sure that there isn't any background activity that is accessing the drive, like a virus scan or a backup.
A 7200.11 test should look more like this: