In what context?
This means something traveled a path that was consistent with a line of some kind. However, "the line" could be lots of things.
"The baseball player hit one right down the line." He hit a baseball, which traveled very close to one of the lines on the field.
"The train moved right down the line." A train was traveling on train tracks.
"The new computers moved right down the line in the factory." Some computers were produced using an assembly line.