Hi,
According to Cisco:
%IP-4-ZERO_ADDR : Zero MAC address for [IP_address] in ARP cache
Explanation An entry in the ARP cache has a null MAC address.
Recommended Action If this message recurs, copy the error message exactly as it appears on the console or in the system log, contact your Cisco technical support representative, and provide the representative with the gathered information.
You could try 'debug cable arp' to see what is happening (just don't try such commands during normal hours if you cannot risk the service going down)
Hope that helps - pls rate the post if it does.
Regards,
Paresh.