Frequencies compression (as peak one) allows you boost the overall volume of your track which in turns increases its loudness <=> RMS.
Of course you must take care of peaks but meters (and ears) are your friends.
http://jamin.sourceforge.net/en/loudness.html
regards
-r
the one you are looking for is called wavegain
[1] http://www.rarewares.org/others.php#wavegain
Best regards,
Philipp