diff --git a/Cargo.lock b/Cargo.lock
index 282c23ad761..72961081c26 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -12,6 +12,18 @@ dependencies = [
  "regex",
 ]
 
+[[package]]
+name = "adler"
+version = "1.0.2"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "f26201604c87b1e01bd3d98f8d5d9a8fcbb815e8cedb41ffccbeb4bf593a35fe"
+
+[[package]]
+name = "adler32"
+version = "1.2.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "aae1277d39aeec15cb388266ecc24b11c80469deae6067e17a1a7aa9e5c1f234"
+
 [[package]]
 name = "ahash"
 version = "0.7.4"
@@ -32,6 +44,15 @@ dependencies = [
  "memchr",
 ]
 
+[[package]]
+name = "ansi_term"
+version = "0.11.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "ee49baf6cb617b853aa8d93bf420db2383fab46d314482ca2803b40d5fde979b"
+dependencies = [
+ "winapi",
+]
+
 [[package]]
 name = "anyhow"
 version = "1.0.43"
@@ -87,6 +108,12 @@ version = "0.13.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "904dfeac50f3cdaba28fc6f57fdcddb75f49ed61346676a78c4ffe55877802fd"
 
+[[package]]
+name = "bit-vec"
+version = "0.6.3"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "349f9b6a179ed607305526ca489b34ad0a41aed5f7980fa90eb03160b69598fb"
+
 [[package]]
 name = "bitflags"
 version = "1.3.2"
@@ -102,12 +129,24 @@ dependencies = [
  "generic-array",
 ]
 
+[[package]]
+name = "build_const"
+version = "0.2.2"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "b4ae4235e6dac0694637c763029ecea1a2ec9e4e06ec2729bd21ba4d9c863eb7"
+
 [[package]]
 name = "bumpalo"
 version = "3.7.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "9c59e7af012c713f529e7a3ee57ce9b31ddd858d4b512923602f74608b009631"
 
+[[package]]
+name = "bytemuck"
+version = "1.7.2"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "72957246c41db82b8ef88a5486143830adeb8227ef9837740bdec67724cf2c5b"
+
 [[package]]
 name = "byteorder"
 version = "1.4.3"
@@ -119,6 +158,9 @@ name = "cc"
 version = "1.0.69"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "e70cc2f62c6ce1868963827bd677764c62d07c3d9a3e1fb1177ee1a9ab199eb2"
+dependencies = [
+ "jobserver",
+]
 
 [[package]]
 name = "cfg-if"
@@ -132,6 +174,58 @@ version = "1.0.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "baf1de4339761588bc0619e3cbc0120ee582ebb74b53b4efbf79117bd2da40fd"
 
+[[package]]
+name = "chrono"
+version = "0.4.19"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "670ad68c9088c2a963aaa298cb369688cf3f9465ce5e2d4ca10e6e0098a1ce73"
+dependencies = [
+ "libc",
+ "num-integer",
+ "num-traits",
+ "time",
+ "winapi",
+]
+
+[[package]]
+name = "clap"
+version = "2.33.3"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "37e58ac78573c40708d45522f0d80fa2f01cc4f9b4e2bf749807255454312002"
+dependencies = [
+ "ansi_term",
+ "atty",
+ "bitflags",
+ "strsim 0.8.0",
+ "textwrap",
+ "unicode-width",
+ "vec_map",
+]
+
+[[package]]
+name = "cloudflare-zlib"
+version = "0.2.9"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "2cfcefb5df07f146eb15756342a135eb7d76b8bb609eff9c111f7539d060f94d"
+dependencies = [
+ "cloudflare-zlib-sys",
+]
+
+[[package]]
+name = "cloudflare-zlib-sys"
+version = "0.3.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "2040b6d1edfee6d75f172d81e2d2a7807534f3f294ce18184c70e7bb0105cd6f"
+dependencies = [
+ "cc",
+]
+
+[[package]]
+name = "color_quant"
+version = "1.1.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "3d7b894f5411737b7867f4827955924d7c254fc9f4d91a6aad6b097804b1018b"
+
 [[package]]
 name = "cpufeatures"
 version = "0.1.5"
@@ -141,6 +235,83 @@ dependencies = [
  "libc",
 ]
 
+[[package]]
+name = "crc"
+version = "1.8.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "d663548de7f5cca343f1e0a48d14dcfb0e9eb4e079ec58883b7251539fa10aeb"
+dependencies = [
+ "build_const",
+]
+
+[[package]]
+name = "crc"
+version = "2.0.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "10c2722795460108a7872e1cd933a85d6ec38abc4baecad51028f702da28889f"
+dependencies = [
+ "crc-catalog",
+]
+
+[[package]]
+name = "crc-catalog"
+version = "1.1.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "ccaeedb56da03b09f598226e25e80088cb4cd25f316e6e4df7d695f0feeb1403"
+
+[[package]]
+name = "crc32fast"
+version = "1.2.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "81156fece84ab6a9f2afdb109ce3ae577e42b1228441eded99bd77f627953b1a"
+dependencies = [
+ "cfg-if 1.0.0",
+]
+
+[[package]]
+name = "crossbeam-channel"
+version = "0.5.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "06ed27e177f16d65f0f0c22a213e17c696ace5dd64b14258b52f9417ccb52db4"
+dependencies = [
+ "cfg-if 1.0.0",
+ "crossbeam-utils",
+]
+
+[[package]]
+name = "crossbeam-deque"
+version = "0.8.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "6455c0ca19f0d2fbf751b908d5c55c1f5cbc65e03c4225427254b46890bdde1e"
+dependencies = [
+ "cfg-if 1.0.0",
+ "crossbeam-epoch",
+ "crossbeam-utils",
+]
+
+[[package]]
+name = "crossbeam-epoch"
+version = "0.9.5"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "4ec02e091aa634e2c3ada4a392989e7c3116673ef0ac5b72232439094d73b7fd"
+dependencies = [
+ "cfg-if 1.0.0",
+ "crossbeam-utils",
+ "lazy_static",
+ "memoffset",
+ "scopeguard",
+]
+
+[[package]]
+name = "crossbeam-utils"
+version = "0.8.5"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "d82cfc11ce7f2c3faef78d8a684447b40d503d9681acebed6cb728d45940c4db"
+dependencies = [
+ "cfg-if 1.0.0",
+ "lazy_static",
+]
+
 [[package]]
 name = "darling"
 version = "0.10.2"
@@ -161,7 +332,7 @@ dependencies = [
  "ident_case",
  "proc-macro2",
  "quote",
- "strsim",
+ "strsim 0.9.3",
  "syn",
 ]
 
@@ -192,6 +363,16 @@ version = "2.3.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "3ee2393c4a91429dffb4bedf19f4d6abf27d8a732c8ce4980305d782e5426d57"
 
+[[package]]
+name = "deflate"
+version = "0.8.6"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "73770f8e1fe7d64df17ca66ad28994a0a623ea497fa69486e14984e715c5d174"
+dependencies = [
+ "adler32",
+ "byteorder",
+]
+
 [[package]]
 name = "digest"
 version = "0.9.0"
@@ -225,6 +406,18 @@ dependencies = [
  "syn",
 ]
 
+[[package]]
+name = "filetime"
+version = "0.2.15"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "975ccf83d8d9d0d84682850a38c8169027be83368805971cc4f238c2b245bc98"
+dependencies = [
+ "cfg-if 1.0.0",
+ "libc",
+ "redox_syscall",
+ "winapi",
+]
+
 [[package]]
 name = "fnv"
 version = "1.0.7"
@@ -300,6 +493,12 @@ dependencies = [
  "wasi 0.10.2+wasi-snapshot-preview1",
 ]
 
+[[package]]
+name = "glob"
+version = "0.3.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "9b919933a397b79c37e33b77bb2aa3dc8eb6e165ad809e58ff75bc7db2e34574"
+
 [[package]]
 name = "hashbrown"
 version = "0.11.2"
@@ -338,6 +537,21 @@ version = "1.0.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "1f7280c75fb2e2fc47080ec80ccc481376923acb04501957fc38f935c3de5088"
 
+[[package]]
+name = "image"
+version = "0.23.14"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "24ffcb7e7244a9bf19d35bf2883b9c080c4ced3c07a9895572178cdb8f13f6a1"
+dependencies = [
+ "bytemuck",
+ "byteorder",
+ "color_quant",
+ "num-iter",
+ "num-rational",
+ "num-traits",
+ "png",
+]
+
 [[package]]
 name = "indexmap"
 version = "1.7.0"
@@ -346,6 +560,7 @@ checksum = "bc633605454125dec4b66843673f01c7df2b89479b32e0ed634e43a91cff62a5"
 dependencies = [
  "autocfg",
  "hashbrown",
+ "rayon",
 ]
 
 [[package]]
@@ -370,6 +585,15 @@ dependencies = [
  "syn",
 ]
 
+[[package]]
+name = "itertools"
+version = "0.10.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "69ddb889f9d0d08a67338271fa9b62996bc788c7796a5c18cf057420aaed5eaf"
+dependencies = [
+ "either",
+]
+
 [[package]]
 name = "itoa"
 version = "0.4.7"
@@ -397,6 +621,15 @@ dependencies = [
  "libc",
 ]
 
+[[package]]
+name = "jobserver"
+version = "0.1.24"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "af25a77299a7f711a01975c35a6a424eb6862092cc2d6c72c4ed6cbc56dfc1fa"
+dependencies = [
+ "libc",
+]
+
 [[package]]
 name = "js-sys"
 version = "0.3.49"
@@ -441,6 +674,24 @@ version = "0.2.99"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "a7f823d141fe0a24df1e23b4af4e3c7ba9e5966ec514ea068c93024aa7deb765"
 
+[[package]]
+name = "libdeflate-sys"
+version = "0.7.3"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "09c81cf7b5510a30d8a1149dcca5fe85715475a05092c786e660edc72dbf24e4"
+dependencies = [
+ "cc",
+]
+
+[[package]]
+name = "libdeflater"
+version = "0.7.3"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "c11c0c8321257b64709e8ee6811d0b4a2ce030806e7ce1f36094bfa2c1de1540"
+dependencies = [
+ "libdeflate-sys",
+]
+
 [[package]]
 name = "libmimalloc-sys"
 version = "0.1.22"
@@ -471,6 +722,15 @@ version = "2.4.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "b16bd47d9e329435e309c58469fe0791c2d0d1ba96ec0954152a5ae2b04387dc"
 
+[[package]]
+name = "memoffset"
+version = "0.6.4"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "59accc507f1338036a0477ef61afdae33cde60840f4dfe481319ce3ad116ddf9"
+dependencies = [
+ "autocfg",
+]
+
 [[package]]
 name = "mimalloc"
 version = "0.1.26"
@@ -480,6 +740,37 @@ dependencies = [
  "libmimalloc-sys",
 ]
 
+[[package]]
+name = "miniz_oxide"
+version = "0.3.7"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "791daaae1ed6889560f8c4359194f56648355540573244a5448a83ba1ecc7435"
+dependencies = [
+ "adler32",
+]
+
+[[package]]
+name = "miniz_oxide"
+version = "0.4.4"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "a92518e98c078586bc6c934028adcca4c92a53d6a958196de835170a01d84e4b"
+dependencies = [
+ "adler",
+ "autocfg",
+]
+
+[[package]]
+name = "mozjpeg-sys"
+version = "1.0.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "8d2d207e7338a9a58abfc8a9d247bc9cc42a1b3eaa0a4e7014272825a00015a2"
+dependencies = [
+ "cc",
+ "dunce",
+ "libc",
+ "nasm-rs",
+]
+
 [[package]]
 name = "napi"
 version = "1.7.6"
@@ -515,6 +806,15 @@ version = "1.1.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "43563506c466587478849d80f46383d859b91bbec586580dadeb3639588f2f7e"
 
+[[package]]
+name = "nasm-rs"
+version = "0.2.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "9dbff86bd2ee8cb407e8608e2c3504412a967c06286ef7e5cf7c1b9db756f0a9"
+dependencies = [
+ "rayon",
+]
+
 [[package]]
 name = "new_debug_unreachable"
 version = "1.0.4"
@@ -552,6 +852,28 @@ dependencies = [
  "num-traits",
 ]
 
+[[package]]
+name = "num-iter"
+version = "0.1.42"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "b2021c8337a54d21aca0d59a92577a029af9431cb59b909b03252b9c164fad59"
+dependencies = [
+ "autocfg",
+ "num-integer",
+ "num-traits",
+]
+
+[[package]]
+name = "num-rational"
+version = "0.3.2"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "12ac428b1cb17fce6f731001d307d351ec70a6d202fc2e60f7d4c5e42d8f4f07"
+dependencies = [
+ "autocfg",
+ "num-integer",
+ "num-traits",
+]
+
 [[package]]
 name = "num-traits"
 version = "0.2.14"
@@ -601,6 +923,33 @@ dependencies = [
  "stable_deref_trait",
 ]
 
+[[package]]
+name = "oxipng"
+version = "5.0.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "99ac0770862c1f005398661faea0a1e8d6bb73ca2671a2eed7448d910388f97b"
+dependencies = [
+ "bit-vec",
+ "byteorder",
+ "clap",
+ "cloudflare-zlib",
+ "crc 2.0.0",
+ "crossbeam-channel",
+ "filetime",
+ "image",
+ "indexmap",
+ "itertools",
+ "libdeflater",
+ "log",
+ "miniz_oxide 0.4.4",
+ "rayon",
+ "rgb",
+ "rustc_version 0.4.0",
+ "stderrlog",
+ "wild",
+ "zopfli",
+]
+
 [[package]]
 name = "parcel-fs-search"
 version = "0.1.0"
@@ -620,6 +969,18 @@ dependencies = [
  "xxhash-rust",
 ]
 
+[[package]]
+name = "parcel-image"
+version = "0.1.0"
+dependencies = [
+ "libc",
+ "mozjpeg-sys",
+ "napi",
+ "napi-build",
+ "napi-derive",
+ "oxipng",
+]
+
 [[package]]
 name = "parcel-js-swc-core"
 version = "0.1.0"
@@ -735,6 +1096,18 @@ dependencies = [
  "syn",
 ]
 
+[[package]]
+name = "png"
+version = "0.16.8"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "3c3287920cb847dee3de33d301c463fba14dda99db24214ddf93f83d3021f4c6"
+dependencies = [
+ "bitflags",
+ "crc32fast",
+ "deflate",
+ "miniz_oxide 0.3.7",
+]
+
 [[package]]
 name = "ppv-lite86"
 version = "0.2.10"
@@ -822,6 +1195,40 @@ dependencies = [
  "rand_core",
 ]
 
+[[package]]
+name = "rayon"
+version = "1.5.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "c06aca804d41dbc8ba42dfd964f0d01334eceb64314b9ecf7c5fad5188a06d90"
+dependencies = [
+ "autocfg",
+ "crossbeam-deque",
+ "either",
+ "rayon-core",
+]
+
+[[package]]
+name = "rayon-core"
+version = "1.9.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "d78120e2c850279833f1dd3582f730c4ab53ed95aeaaaa862a2a5c71b1656d8e"
+dependencies = [
+ "crossbeam-channel",
+ "crossbeam-deque",
+ "crossbeam-utils",
+ "lazy_static",
+ "num_cpus",
+]
+
+[[package]]
+name = "redox_syscall"
+version = "0.2.10"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "8383f39639269cde97d255a32bdb68c047337295414940c68bdd30c2e13203ff"
+dependencies = [
+ "bitflags",
+]
+
 [[package]]
 name = "regex"
 version = "1.5.4"
@@ -845,13 +1252,31 @@ version = "0.1.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "e9c17925a9027d298a4603d286befe3f9dc0e8ed02523141914eb628798d6e5b"
 
+[[package]]
+name = "rgb"
+version = "0.8.27"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "8fddb3b23626145d1776addfc307e1a1851f60ef6ca64f376bcb889697144cf0"
+dependencies = [
+ "bytemuck",
+]
+
 [[package]]
 name = "rustc_version"
 version = "0.2.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "138e3e0acb6c9fb258b19b67cb8abd63c00679d2851805ea151465464fe9030a"
 dependencies = [
- "semver",
+ "semver 0.9.0",
+]
+
+[[package]]
+name = "rustc_version"
+version = "0.4.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "bfa0f585226d2e68097d4f95d113b15b83a82e819ab25717ec0590d9584ef366"
+dependencies = [
+ "semver 1.0.4",
 ]
 
 [[package]]
@@ -875,6 +1300,12 @@ version = "1.0.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "ea6a9290e3c9cf0f18145ef7ffa62d68ee0bf5fcd651017e586dc7fd5da448c2"
 
+[[package]]
+name = "scopeguard"
+version = "1.1.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "d29ab0c6d3fc0ee92fe66e2d99f700eab17a8d57d1c1d3b748380fb20baa78cd"
+
 [[package]]
 name = "semver"
 version = "0.9.0"
@@ -885,6 +1316,12 @@ dependencies = [
  "serde",
 ]
 
+[[package]]
+name = "semver"
+version = "1.0.4"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "568a8e6258aa33c13358f81fd834adb854c6f7c9468520910a9b1e8fac068012"
+
 [[package]]
 name = "semver-parser"
 version = "0.7.0"
@@ -978,7 +1415,7 @@ dependencies = [
  "if_chain",
  "lazy_static",
  "regex",
- "rustc_version",
+ "rustc_version 0.2.3",
  "serde",
  "serde_json",
  "url",
@@ -1018,6 +1455,19 @@ version = "1.1.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "a2eb9349b6444b326872e140eb1cf5e7c522154d69e7a0ffb0fb81c06b37543f"
 
+[[package]]
+name = "stderrlog"
+version = "0.5.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "45a53e2eff3e94a019afa6265e8ee04cb05b9d33fe9f5078b14e4e391d155a38"
+dependencies = [
+ "atty",
+ "chrono",
+ "log",
+ "termcolor",
+ "thread_local",
+]
+
 [[package]]
 name = "string_cache"
 version = "0.8.1"
@@ -1056,6 +1506,12 @@ dependencies = [
  "syn",
 ]
 
+[[package]]
+name = "strsim"
+version = "0.8.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "8ea5119cdb4c55b55d432abb513a0429384878c15dde60cc77b1c99de1a95a6a"
+
 [[package]]
 name = "strsim"
 version = "0.9.3"
@@ -1193,7 +1649,7 @@ dependencies = [
  "fxhash",
  "indexmap",
  "once_cell",
- "semver",
+ "semver 0.9.0",
  "serde",
  "serde_json",
  "st-map",
@@ -1513,6 +1969,34 @@ dependencies = [
  "winapi-util",
 ]
 
+[[package]]
+name = "textwrap"
+version = "0.11.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "d326610f408c7a4eb6f51c37c330e496b08506c9457c9d34287ecc38809fb060"
+dependencies = [
+ "unicode-width",
+]
+
+[[package]]
+name = "thread_local"
+version = "1.0.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "d40c6d1b69745a6ec6fb1ca717914848da4b44ae29d9b3080cbee91d72a69b14"
+dependencies = [
+ "lazy_static",
+]
+
+[[package]]
+name = "time"
+version = "0.1.43"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "ca8a50ef2360fbd1eeb0ecd46795a87a19024eb4b53c5dc916ca1fd95fe62438"
+dependencies = [
+ "libc",
+ "winapi",
+]
+
 [[package]]
 name = "tinyvec"
 version = "1.3.1"
@@ -1528,6 +2012,12 @@ version = "0.1.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "cda74da7e1a664f795bb1f8a87ec406fb89a02522cf6e50620d016add6dbbf5c"
 
+[[package]]
+name = "typed-arena"
+version = "1.7.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "a9b2228007eba4120145f785df0f6c92ea538f5a3635a612ecf4e334c8c1446d"
+
 [[package]]
 name = "typenum"
 version = "1.13.0"
@@ -1579,6 +2069,12 @@ dependencies = [
  "percent-encoding",
 ]
 
+[[package]]
+name = "vec_map"
+version = "0.8.2"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "f1bddf1187be692e79c5ffeab891132dfb0f236ed36a43c7ed39f1165ee20191"
+
 [[package]]
 name = "version_check"
 version = "0.9.3"
@@ -1662,6 +2158,15 @@ version = "0.2.72"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "b7148f4696fb4960a346eaa60bbfb42a1ac4ebba21f750f75fc1375b098d5ffa"
 
+[[package]]
+name = "wild"
+version = "2.0.4"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "035793abb854745033f01a07647a79831eba29ec0be377205f2a25b0aa830020"
+dependencies = [
+ "glob",
+]
+
 [[package]]
 name = "winapi"
 version = "0.3.9"
@@ -1698,3 +2203,15 @@ name = "xxhash-rust"
 version = "0.8.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "e575e15bedf6e57b5c2d763ffc6c3c760143466cbd09d762d539680ab5992ded"
+
+[[package]]
+name = "zopfli"
+version = "0.4.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "4079b79464426ade2a1b0177fb0ce8396ba6b4084267407e333573c666073964"
+dependencies = [
+ "adler32",
+ "byteorder",
+ "crc 1.8.1",
+ "typed-arena",
+]
diff --git a/Cargo.toml b/Cargo.toml
index 64c1cb178a8..7e966f6ac6c 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -5,4 +5,5 @@ members = [
   "packages/transformers/js/wasm",
   "packages/utils/fs-search",
   "packages/utils/hash",
+  "packages/optimizers/image"
 ]
diff --git a/packages/configs/default/index.json b/packages/configs/default/index.json
index 8241705e16e..e7c390a7c8a 100644
--- a/packages/configs/default/index.json
+++ b/packages/configs/default/index.json
@@ -54,7 +54,8 @@
     "*.css": ["@parcel/optimizer-cssnano"],
     "*.html": ["@parcel/optimizer-htmlnano"],
     "*.{js,mjs,cjs}": ["@parcel/optimizer-terser"],
-    "*.svg": ["@parcel/optimizer-svgo"]
+    "*.svg": ["@parcel/optimizer-svgo"],
+    "*.{jpg,jpeg,png}": ["@parcel/optimizer-image"]
   },
   "packagers": {
     "*.html": "@parcel/packager-html",
diff --git a/packages/configs/default/package.json b/packages/configs/default/package.json
index c8ea8a451fe..3ee1167632f 100644
--- a/packages/configs/default/package.json
+++ b/packages/configs/default/package.json
@@ -22,6 +22,7 @@
     "@parcel/namer-default": "2.0.0-rc.0",
     "@parcel/optimizer-cssnano": "2.0.0-rc.0",
     "@parcel/optimizer-htmlnano": "2.0.0-rc.0",
+    "@parcel/optimizer-image": "2.0.0-rc.0",
     "@parcel/optimizer-svgo": "2.0.0-rc.0",
     "@parcel/optimizer-terser": "2.0.0-rc.0",
     "@parcel/packager-css": "2.0.0-rc.0",
diff --git a/packages/core/integration-tests/test/image.js b/packages/core/integration-tests/test/image.js
index 60b113b9460..fa460566496 100644
--- a/packages/core/integration-tests/test/image.js
+++ b/packages/core/integration-tests/test/image.js
@@ -1,5 +1,5 @@
 import assert from 'assert';
-import {bundle, distDir, outputFS} from '@parcel/test-utils';
+import {bundle, distDir, inputFS, outputFS} from '@parcel/test-utils';
 import path from 'path';
 import sharp from 'sharp';
 
@@ -88,4 +88,50 @@ describe('image', function() {
       );
     });
   });
+
+  it('should optimise JPEGs', async function() {
+    let img = path.join(__dirname, '/integration/image/image.jpg');
+    let b = await bundle(img, {
+      defaultTargetOptions: {
+        shouldOptimize: true,
+      },
+    });
+
+    const imagePath = b.getBundles().find(b => b.type === 'jpg').filePath;
+
+    let input = await inputFS.readFile(img);
+    let inputRaw = await sharp(input)
+      .toFormat('raw')
+      .toBuffer();
+    let output = await outputFS.readFile(imagePath);
+    let outputRaw = await sharp(output)
+      .toFormat('raw')
+      .toBuffer();
+
+    assert(outputRaw.equals(inputRaw));
+    assert(output.length < input.length);
+  });
+
+  it('should optimise PNGs', async function() {
+    let img = path.join(__dirname, '/integration/image/clock.png');
+    let b = await bundle(img, {
+      defaultTargetOptions: {
+        shouldOptimize: true,
+      },
+    });
+
+    const imagePath = b.getBundles().find(b => b.type === 'png').filePath;
+
+    let input = await inputFS.readFile(img);
+    let inputRaw = await sharp(input)
+      .toFormat('raw')
+      .toBuffer();
+    let output = await outputFS.readFile(imagePath);
+    let outputRaw = await sharp(output)
+      .toFormat('raw')
+      .toBuffer();
+
+    assert(outputRaw.equals(inputRaw));
+    assert(output.length < input.length);
+  });
 });
diff --git a/packages/core/integration-tests/test/integration/image/clock.png b/packages/core/integration-tests/test/integration/image/clock.png
new file mode 100644
index 00000000000..faf7bf89635
Binary files /dev/null and b/packages/core/integration-tests/test/integration/image/clock.png differ
diff --git a/packages/core/integration-tests/test/integration/scope-hoisting/es6/raw-url/foo.png b/packages/core/integration-tests/test/integration/scope-hoisting/es6/raw-url/foo.png
index e69de29bb2d..8a1daa0121d 100644
Binary files a/packages/core/integration-tests/test/integration/scope-hoisting/es6/raw-url/foo.png and b/packages/core/integration-tests/test/integration/scope-hoisting/es6/raw-url/foo.png differ
diff --git a/packages/optimizers/image/.gitignore b/packages/optimizers/image/.gitignore
new file mode 100644
index 00000000000..1d0124e8753
--- /dev/null
+++ b/packages/optimizers/image/.gitignore
@@ -0,0 +1 @@
+*.node
diff --git a/packages/optimizers/image/Cargo.toml b/packages/optimizers/image/Cargo.toml
new file mode 100644
index 00000000000..5f5eb80737d
--- /dev/null
+++ b/packages/optimizers/image/Cargo.toml
@@ -0,0 +1,17 @@
+[package]
+authors = ["Devon Govett <devongovett@gmail.com>"]
+name = "parcel-image"
+version = "0.1.0"
+
+[lib]
+crate-type = ["cdylib"]
+
+[dependencies]
+napi = "1"
+napi-derive = "1"
+oxipng = "5.0.0"
+mozjpeg-sys = "1.0.0"
+libc = "0.2"
+
+[build-dependencies]
+napi-build = "1"
diff --git a/packages/optimizers/image/build.rs b/packages/optimizers/image/build.rs
new file mode 100644
index 00000000000..1f866b6a3c3
--- /dev/null
+++ b/packages/optimizers/image/build.rs
@@ -0,0 +1,5 @@
+extern crate napi_build;
+
+fn main() {
+  napi_build::setup();
+}
diff --git a/packages/optimizers/image/native.js b/packages/optimizers/image/native.js
new file mode 100644
index 00000000000..8058926be42
--- /dev/null
+++ b/packages/optimizers/image/native.js
@@ -0,0 +1,22 @@
+let parts = [process.platform, process.arch];
+if (process.platform === 'linux') {
+  const {MUSL, family} = require('detect-libc');
+  if (family === MUSL) {
+    parts.push('musl');
+  } else if (process.arch === 'arm') {
+    parts.push('gnueabihf');
+  } else {
+    parts.push('gnu');
+  }
+} else if (process.platform === 'win32') {
+  parts.push('msvc');
+}
+
+let name = `./parcel-image.${parts.join('-')}.node`;
+if (process.env.PARCEL_BUILD_ENV === 'production') {
+  module.exports = require(name);
+} else if (require('fs').existsSync(require('path').join(__dirname, name))) {
+  module.exports = require(name);
+}
+
+module.exports.init = Promise.resolve();
diff --git a/packages/optimizers/image/native.js.flow b/packages/optimizers/image/native.js.flow
new file mode 100644
index 00000000000..398477b138a
--- /dev/null
+++ b/packages/optimizers/image/native.js.flow
@@ -0,0 +1,3 @@
+// @flow
+
+declare export function optimize(type: string, buffer: Buffer): Buffer;
diff --git a/packages/optimizers/image/package.json b/packages/optimizers/image/package.json
new file mode 100644
index 00000000000..297e558bc86
--- /dev/null
+++ b/packages/optimizers/image/package.json
@@ -0,0 +1,43 @@
+{
+  "name": "@parcel/optimizer-image",
+  "version": "2.0.0-rc.0",
+  "license": "MIT",
+  "main": "lib/ImageOptimizer.js",
+  "source": "src/ImageOptimizer.js",
+  "publishConfig": {
+    "access": "public"
+  },
+  "funding": {
+    "type": "opencollective",
+    "url": "https://opencollective.com/parcel"
+  },
+  "repository": {
+    "type": "git",
+    "url": "https://github.com/parcel-bundler/parcel.git"
+  },
+  "engines": {
+    "node": ">= 12.0.0",
+    "parcel": "^2.0.0-beta.1"
+  },
+  "files": [
+    "lib",
+    "native.js",
+    "*.node"
+  ],
+  "napi": {
+    "name": "parcel-image"
+  },
+  "scripts": {
+    "build": "napi build --platform",
+    "build-release": "napi build --platform --release"
+  },
+  "dependencies": {
+    "@parcel/plugin": "2.0.0-rc.0",
+    "@parcel/utils": "2.0.0-rc.0",
+    "detect-libc": "^1.0.3"
+  },
+  "devDependencies": {
+    "@napi-rs/cli": "1.0.4",
+    "tiny-benchy": "^1.0.2"
+  }
+}
diff --git a/packages/optimizers/image/src/ImageOptimizer.js b/packages/optimizers/image/src/ImageOptimizer.js
new file mode 100644
index 00000000000..98be1160f89
--- /dev/null
+++ b/packages/optimizers/image/src/ImageOptimizer.js
@@ -0,0 +1,14 @@
+// @flow
+import {Optimizer} from '@parcel/plugin';
+import {blobToBuffer} from '@parcel/utils';
+import {optimize} from '../native';
+
+export default (new Optimizer({
+  async optimize({bundle, contents}) {
+    let buffer = await blobToBuffer(contents);
+    let optimized = optimize(bundle.type, buffer);
+    return {
+      contents: optimized.length < buffer.length ? optimized : buffer,
+    };
+  },
+}): Optimizer);
diff --git a/packages/optimizers/image/src/lib.rs b/packages/optimizers/image/src/lib.rs
new file mode 100644
index 00000000000..d2cbd91df8a
--- /dev/null
+++ b/packages/optimizers/image/src/lib.rs
@@ -0,0 +1,143 @@
+extern crate napi;
+#[macro_use]
+extern crate napi_derive;
+extern crate libc;
+extern crate mozjpeg_sys;
+extern crate oxipng;
+
+use mozjpeg_sys::*;
+use napi::{CallContext, Env, Error, JsBuffer, JsObject, JsString, Result};
+use oxipng::{optimize_from_memory, Deflaters, Headers, Options};
+use std::mem;
+use std::ptr;
+use std::slice;
+
+#[js_function(2)]
+fn optimize(ctx: CallContext) -> Result<JsBuffer> {
+  let k = ctx.get::<JsString>(0)?.into_utf8()?;
+  let kind = k.as_str()?;
+  let buf = ctx.get::<JsBuffer>(1)?.into_value()?;
+  let slice = buf.as_ref();
+
+  match kind {
+    "png" => {
+      let mut options = Options::default();
+      options.deflate = Deflaters::Libdeflater;
+      options.strip = Headers::Safe;
+      match optimize_from_memory(slice, &options) {
+        Ok(res) => Ok(ctx.env.create_buffer_with_data(res)?.into_raw()),
+        Err(err) => Err(Error::from_reason(format!("{}", err))),
+      }
+    }
+    "jpg" | "jpeg" => unsafe {
+      match optimize_jpeg(slice) {
+        Ok(res) => Ok(
+          ctx
+            .env
+            .create_buffer_with_borrowed_data(res.as_ptr(), res.len(), res.as_mut_ptr(), finalize)?
+            .into_raw(),
+        ),
+        Err(err) => {
+          if let Some(msg) = err.downcast_ref::<String>() {
+            Err(Error::from_reason(msg.to_string()))
+          } else {
+            Err(Error::from_reason("Unknown libjpeg error".into()))
+          }
+        }
+      }
+    },
+    _ => Err(Error::from_reason(format!("Unknown image type {}", kind))),
+  }
+}
+
+fn finalize(ptr: *mut u8, _env: Env) {
+  unsafe {
+    libc::free(ptr as *mut c_void);
+  }
+}
+
+struct JPEGOptimizer {
+  srcinfo: jpeg_decompress_struct,
+  dstinfo: jpeg_compress_struct,
+}
+
+impl JPEGOptimizer {
+  unsafe fn new() -> JPEGOptimizer {
+    JPEGOptimizer {
+      srcinfo: mem::zeroed(),
+      dstinfo: mem::zeroed(),
+    }
+  }
+}
+
+impl Drop for JPEGOptimizer {
+  fn drop(&mut self) {
+    unsafe {
+      jpeg_destroy_decompress(&mut self.srcinfo);
+      jpeg_destroy_compress(&mut self.dstinfo);
+    }
+  }
+}
+
+// This function losslessly optimizes jpegs.
+// Based on the jpegtran.c example program in libjpeg.
+unsafe fn optimize_jpeg(bytes: &[u8]) -> std::thread::Result<&mut [u8]> {
+  std::panic::catch_unwind(|| {
+    let mut info = JPEGOptimizer::new();
+    let mut err = create_error_handler();
+    info.srcinfo.common.err = &mut err;
+    jpeg_create_decompress(&mut info.srcinfo);
+    jpeg_mem_src(&mut info.srcinfo, bytes.as_ptr(), bytes.len() as c_ulong);
+
+    info.dstinfo.optimize_coding = 1;
+    info.dstinfo.common.err = &mut err;
+    jpeg_create_compress(&mut info.dstinfo);
+    jpeg_read_header(&mut info.srcinfo, 1);
+
+    let src_coef_arrays = jpeg_read_coefficients(&mut info.srcinfo);
+    jpeg_copy_critical_parameters(&mut info.srcinfo, &mut info.dstinfo);
+
+    let mut buf = ptr::null_mut();
+    let mut outsize: c_ulong = 0;
+    jpeg_mem_dest(&mut info.dstinfo, &mut buf, &mut outsize);
+
+    jpeg_write_coefficients(&mut info.dstinfo, src_coef_arrays);
+
+    jpeg_finish_compress(&mut info.dstinfo);
+    jpeg_finish_decompress(&mut info.srcinfo);
+
+    slice::from_raw_parts_mut(buf, outsize as usize)
+  })
+}
+
+unsafe fn create_error_handler() -> jpeg_error_mgr {
+  let mut err: jpeg_error_mgr = mem::zeroed();
+  jpeg_std_error(&mut err);
+  err.error_exit = Some(unwind_error_exit);
+  err.emit_message = Some(silence_message);
+  err
+}
+
+extern "C" fn unwind_error_exit(cinfo: &mut jpeg_common_struct) {
+  let message = unsafe {
+    let err = cinfo.err.as_ref().unwrap();
+    match err.format_message {
+      Some(fmt) => {
+        let buffer = mem::zeroed();
+        fmt(cinfo, &buffer);
+        let len = buffer.iter().take_while(|&&c| c != 0).count();
+        String::from_utf8_lossy(&buffer[..len]).into()
+      }
+      None => format!("libjpeg error: {}", err.msg_code),
+    }
+  };
+  std::panic::resume_unwind(Box::new(message))
+}
+
+extern "C" fn silence_message(_cinfo: &mut jpeg_common_struct, _level: c_int) {}
+
+#[module_exports]
+fn init(mut exports: JsObject, _env: Env) -> Result<()> {
+  exports.create_named_method("optimize", optimize)?;
+  Ok(())
+}