The term 'COOL RUNNINGS VEHICLE' is referring to a bobsled, which is a vehicle that is used in the winter sport of bobsleigh. It is a long, narrow SLED that is steered by two or four people and is designed to travel down an icy track at high speeds. The term 'bobsled' is derived from the combination of two words: 'BOB, ' which means to move quickly, and 'SLED, ' which is a vehicle that is used for transportation on snow or ice.