I dont batch process but there are ways to speed this process up.
In preferences - editing - set still image length; here you can set the length of each still when imported.
Cant think of a fast way to overlap for fades.
One transition can be applied to all fades by selecting the fades using the selection edit tool, hold lmb and pull a box round the desired fades, then drag the transistion you want to one fade and it will be applied to all selected.
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