1st post! Welcome to the board, sir!
C=2wd
M=V-6 gas
1=1/2 ton
OD=wideside
P=Pontiac, Mi.
B=1968
the rest is production serial no.
http://www.gmcpauls.com/67-72_gmc.htm
Unfortunatedly, Paul's site only covers 67-69 yrs.
1970 and 71 formats are different.
My 1970 CE134-1Z58128
1st- vehicle type (C=2wd, K=4wd)
2nd-engine type (S=I6, E=V8 etc.)
3rd-GVW range (1=1/2, 2=3/4 ton etc.)
4th & 5th-body type (04=step, 34=fleet)
hyphen
6th- production plant (1=Oshawa)
7th- year (Z=1970, 1=1971)
last 5- production ser. numbers
then they adopted a different system for 1972-1978