The most common and most likely answer to this crossword clue is the 5 plus 4 letter word TRACK DOWN
I've seen this crossword clue in Financial Times
T
R
A
C
K
D
O
W
N
Buddy explains!
The straight part
We know that "Eventually find/report detailing new railway’s progress" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case eventually find/report detailing new railway’s progress = track down.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.