We demonstrate efficient spectral compression of femtosecond pulses near the zero-dispersion wavelength in nonlinear photonic crystal fibers (PCFs). The highest measured compression factor is 21, in which case the spectral brightness increases by a factor of 5. We numerically model the pulse propagation and find good agreement with the experiment. We argue that the fibers studied allow for spectral narrowing of more than 2 orders of magnitude. With dispersion-shifted PCFs, efficient spectral compression can take place across the visible and near-infrared part of the spectrum.