The shipping crisis is getting worse. Here's what that means for holiday shopping

According to CNN Business, for consumers, the supply chain crunch is likely to mean higher prices. Hasbro, for example, is increasing prices to offset rising freight and commodities costs. The company is projecting that its ocean freight expenses will be on average 4 four times higher this year than last, according to chief financial officer Deborah Thomas.

Shoppers should also brace for longer than normal delivery times and may need to have several different gift ideas up their sleeves. Shop early..