Tracking loosens or tightens the amount of space between selected text or a full block of text (again, sorry if that's old news to you). The shortcuts to adjust the tracking with the keyboard are the same as with kerning, except to select a range of text. Highlight all the text you want to adjust using the Type tool (T), press-and-hold the Option key (PC: Alt key), and use the Right Arrow key to increase tracking or the Left Arrow key to decrease tracking. To change the tracking using larger increments, press Command-Option-Right (or Left) Arrow key (PC: Control-Alt-Right [or Left] Arrow key) while you have your text block selected.
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