No, IP Monitor doesn't log information. You can use another our product: Advanced Host Monitor (www.ks-soft.net/hostmon.eng/index.htm). HostMonitor has "Performance Counter" test (+30 other tests), this test allows you to monitor a lot of important parameters of the system. To monitor traffic you can use "Network InterfaceBytes Total/sec" counter
IP Monitor can display information about local system only. It means if you want to monitor your PC, start IP-Tools on your PC. If you want to check traffic on server, start IP-Tools on server.