A common aliment with the borgwarner 727 family of trannies is the leak back that will manifest just as you describe. Give the transmission a second to prime and it is helpful to shift into drive and back to reverse, even twice if the truck has been sitting a while. What you want to avoid is to force the truck to move with air in the system as this will allow the clutch packs to be less than full locked thus forcing slippage. My automatics do this and that is the remedy I have used. One has close to 300k and the other has 120k.
Now, that said, you may have greater problems that you can't avoid. Hope not, but try this first. I have read that there are aftermarket governor bodies that address that problem. I have no experience with those.
James