I would guess that any of the SatNav programs would be able to do this but you'd have to check out the features of each first. I have used Ovi Maps for just what you want - but obviously that was on my last phone, a Nokia E71. To be honest, I just have a cycle computer wired up on my bike and it tells me all I want to know (and what you want).
It shows you
• current speed
• distance covered
• max speed attained
• average speed sofar
• current compass heading, degrees
• current altitude
• facultative, adjustable speed alarms
• biiig digits
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