Access to the internet is a beautiful thing when it comes to handhelds. It gives you real-time access to information, you may otherwise be unprivy to. Take traffic, for instance. Although the built-in Google Maps on the iPhone has a traffic monitor that puts red, yellow, and green colors in the highly congested areas, one thing it lacks is an explanation.

If it is a red area, wouldn’t you like to know whether it is red because of a minor fender bender or an overturned tractor trailer of Microsoft Zunes? That’s where Traffic report comes in.

Today’s featured iPhone App asks for your zip code and your mile radius and then lists detailed traffic data so that you can save time and gas money.

Access this great app here.