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I was towing my boat (16' aluminum) with my truck and got to a corner and when I went around the corner my transmission acted like it was low on fluid. There was a flare in RPMs on the second to third shift and then it was going into and out of lock-up. I went another four miles and stopped to figure out what was going on and checked the dipstick. In neutral there was no fluid on it! I had a quart in the box so I walked to the back of the truck and saw spots of oil on the truck and boat. I looked under the truck and the fluid was POURING
out from the bell housing!!
Long story short, a friend of mine came and towed my boat and a wrecker towed my truck home. I called the guy that did the rebuild (1300 miles ago) and he tried to say the torque converter was the problem, then he changed it to the fact I didn't let him install a new stock transmission (833 lb/ft of torque would tear it up) and he just did a "band-aid" (his words) then he tried to tell me the tranny was over heating. After things got a bit warm between us he did say to find out what happened and get back to him. I discussed the problem with another shop and they said that some builders use a pump bushing that wasn't the highest quality and they have been known to spin the bushing out and ruin the seal. I hope that is all it is, but I won't know until I pull the transmission and figure out what happened.